WeTrust is a collaborative saving and insurance platform. It is autonomous, frictionless, and decentralized. WeTrust utilizes the Ethereum blockchain to create a full-stack financial system that leverages existing social capital and trust networks, eliminating the need of a “trusted third party”, which allows for lower fees, improved incentive structures, decentralized risks, and a greater amount of capital to reside among the participants. WeTrust’s first product is a Rotating and Saving Credit Association platform, inspired by the ~1 billion people around the world who are using mostly informal organizations to lend/ borrow, and support each other financially within their communities. ROSCAs will bootstrap the community, and WeTrust plans to build future products that include sovereign credit identities, trusted lending, mutual insurance, and more.
Pinkcoin is an x11 PoW/PoS cryptocurrency with a total coin supply of 380 million coins. The Proof-of-Work period lasted for the first 20,000 block that took 7 days to complete. There is a 1% stake interest per year. Pinkcoin has no pre-mine nor IPO though there is some indication of instamine for the first 186 blocks as noted by a code audit conducted.