Crowdforce ICO Review-2

Better understanding the dynamics of the economics of underserved communities

90% of Consumer Goods sales happen in traditional outlets which occur through a highly fragmented distribution chain and multiple intermediaries. CPGs and Governments rely on our agent network to get real-time data to improve their supply chain, retail audits, understand consumers and monitor competition.

Access to Financial Services

Bringing Financial Inclusion to every community.

There are over 3 billion underbanked and unbanked people in the world mostly in emerging markets. We have built partnerships with banks, digital wallets and lending services to empower CrowdForce agents with the ability to become agent banks in their community.

Access to Cryptocurrencies

Bringing cryptocurrencies to the next billion users.

A study shows only 5.8Million users own cryptocurrencies. We will empower our agents with the CrowdForce app and CrowdForce MobilePos systems that will enable consumers buy and sell cryptocurrencies with ease at any CrowdForce outlet. These agents will also serve as entry and exits points for consumers to fund their digital and exchange wallets.



Who is behind CrowdForce?

The team behind CrowdForce are a group of experts who have varying experiences across Banking, Consumer Research and Finance. The co-founders were part of the team that built the most successful banking solution for microfinance banks in Sub-saharan Africa and have also executed successful projects in Financial Services and consumer research in urban and hard to reach areas in Africa. CrowdForce is built on the back of Mobile Forms, the first offline distribution network for market research and surveys, backed by leading traditional investors and Angels such as;

  • 500 Startups, one of the leading tech-accelerators in the world,
  • DraperDarkflow, A silicon valley VC fund investing in African startups that can change the world.
  • Ventures Platform, a Pan-African venture capital firm
  • Binary Financial

What makes up the CrowdForce ecosystem?

Our ecosystem consists of local and international partners, clients, payment providers, money lending services, digital wallets, Crypto exchange platforms and the agent network that acts as a bridge to providing digital services to the mass market. We are already working with 7,000 field agents and have 100,000 more on the waitlist.



What is the difference between CrowdForce and similar projects?

Bringing the next billion consumers in emerging markets to the digital economy requires a human touch to build trust, faith and access to consumers. We are empowering local SMEs, Students and youths to act as the bridge to providing digital services to the mass market. This also provides them extra income on a daily basis and takes more people away from the poverty line.

Will there by KYC?

Yes, there will be KYC.

Why Tokenize?

Creating CRF tokens that interact with the CrowdForce platform allows the network to have aligned goals and incentives, not dependent on the future nature of another cryptocurrency and provides the flexibility to grow our own network and keep transaction fees low.

Where is Crowdforce Incorporated?

CRF tokens are being generated and held by Quifas Inc on behalf of token holders. Quifas Inc is a company incorporated in Seychelles and operating under Seychelles law.

Which Countries will Crowdforce focus on to build the ecosystem?

The initial target market is sub-saharan Africa with plans to expand to other markets including the Middle east, india and latin america in 2020.



How will Crowdforce token be used?

Crowd Force Revenue Model comes from the following

  • Transaction Fees / Commissions: Transaction fees of between 0.2 % to 1% will be charged on all microservices transactions executed by the agents to consumers. In different cases Both the businesses and agents or either the agent or business will bear the transaction fee.
  • Other Fees: As the agent network grows (up to 1 million agents) , it equally becomes more valuable to Digital Identity, Lending, Marketing , Advertising, educational and other services. The platform may collect other fees for this new business opportunities.

CRF will be accepted as payment for any of the above fees at a significant discount of 50%. In the future , CrowdForce will build her own Blockchain Platform and adopt the CRF token as the key base asset and gas for the platform.

How does Crowdforce Incorporate the Blockchain Technology?

CrowdForce is building up a offline distribution network of agent banks to help drive adoption of financial, digital and other inclusion services in the 3 billion unbanked and underbanked customer segments in emerging markets.

These chain management will be done with the use of decentralized applications (DAPP) built up on the Ethereum Blockchain (and the CrowdForce Blockchain platform in the future) and users interactions will be governed by smart contracts. Crowdforce also plans to record Verified Agents data hashed function results to the Ethereum blockchain by batches, but store actual users data (scans, sensitive personal data) in a blockchain-based storage network like Storj , Filecoin or another equivalent blockchain.

This similar scope of features is planned to be integrated for the consumers as well, as this gives the CrowdForce Platform an opportunity to set up a framework for Digital Identity solution in Africa and other emerging markets.

Verified users will be able to prove their verified digital identity within CrowdForce Platform by signing messages from privately controlled Ethereum addresses and smart contracts integrated to the ecosystem.



Where can one buy cryptocurrency?

You can buy it for cash or via bank transfer at You can buy it via bank transfer at any of the popular exchanges, such as The full list is published

Do I need a special wallet for the tokens?

An ERC-20 Compatible wallet.

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