New Abolish DAO project to solve student loan crisis
Abolish Project DAO is an Aragon-based state-of-the-art DAO on a mission to end the current student loan crisis in the United States.
Tampa, Florida – December 10, 2021 – About 43 million Americans are currently struggling with student loans. The problem has reached an alarming level year after year with hardly any solution, so far. An upcoming Aragon-based DAO, Abolish Project DAO, launches this week on a mission to bid farewell to the glaring student loan crisis across the United States.
DAO stands for Decentralized Autonomous Organization. It refers to an organized body of decentralized people who share a specific common mission.
“The average student loan debt in the United States is around $ 39,351. More than 40% of the country’s students are today in debt. It takes years after graduation to pay off these loans, ultimately putting all of your other major goals on the back burner. Is this a life you envisioned? Certainly not. This is where Abolish Project DAO will come to your rescue, ”said Abolish Project DAO founder.
In an exclusive interview, the founder of the upcoming DAO said he was well aware of the problem (student debt crisis) and that it was his own first-hand experience with student loans that inspired him to develop the Abolish DAO project.
“I myself have student loans and I know the financial difficulties that this entails. But we cannot let him rule us forever. The time has come for us to tackle the student loan crisis and we finally have the means and the tools to overcome it. We can no longer stand idly by and continue to ignore a generation enslaved by these loans. Abolish Project DAO was specially designed to abolish all student loans and end the master-slave dynamic that comes with it.
So how would the next Abolish DAO project solve the country’s student loan crisis? According to statements from the visionary founder, Abolish Project will take a three-pronged strategic approach to solving the problem here.
The DAO Peak Abolish Project will use DAO funds to support “direct payments” to lenders on behalf of student borrowers. The process applies to loans disbursed before 12/10/2021. Abolish Project DAO will help repay overdue funds to government and private lenders.
Abolish DAO will ask to “lobby” federal and state officials to influence a planned course of action to address the growing problem of the country’s student loan crisis.
Abolishing the DAO project will do “advocacy” with the aim of influencing specific decisions within social and economic institutions to reach a fair and favorable decision to manage the student loan crisis.
Main features of the Abolish DAO project –
- Completely decentralized – It is a fully online, decentralized global entity and therefore its administrative powers and functions are not confined to a limited concentrated area.
- Autonomous – It is completely autonomous and autonomous, and is not controlled by anyone from the outside.
- Meticulously organized – The DAO is supported by an organized team of people driven by a particular mission.
- Completely transparent – The project ensures absolute transparency which ultimately makes investments less risky. In addition, investors will always have clear information on all strategic decisions taken for the project.
For more information, please visit https://www.abolishproject.org
Company Name: Abolish the DAO project
Contact: Pierre Hiraldo
E-mail: Send an email
Country: United States