AIDONIC
AIDONIC is a humanitarian aid platform offering blockchain tools for NGOs.
Website: https://aidonic.io/
HQ: Baar, Zug, Switzerland
Active Markets: Global
Problem Addressed
Humanitarian aid disbursement can be an opaque and fragmented process, lacking digital innovation and transparent solutions.
Project Description
AIDONIC leverages blockchain, AI, and digital payments technologies to bring visibility and transparency to aid delivery for non-profit organizations. The project’s end-to-end payments infrastructure and data management platform allows humanitarian organizations to deliver impact with real-time, transparent monitoring and tracking. AIDONIC’s Aid Management Platform is a GDPR-compliant tool for onboarding and communicating with aid participants.
Other features include the facilitation of partnerships with other organizations by providing tools for sharing data on-platform, project planning, monitoring, and reporting tools that automate PM activities, and supply chain management tools to track inventory, communicate with suppliers, and track deliveries. The project’s cash and digital voucher solution has been used in over 200 countries. AIDONIC NFTs track aid delivery transactions and hold impact data related to the donations made by donors.
By generating revenue from international organizations, AIDONIC is able to provide pro-bono consultation services to local aid organizations operating closer to the communities being served. AIDONIC provides a tool to create humanitarian DAOs through local organizations and with the communities they are serving, allowing community members to participate in decision-making, feedback, and to gain ownership over the projects serving them.
Business Data
Status: Active
Constituency Served: NGOs
Networks: Celo, Near
Known Investors: AIDONIC will be crowdfunding on SEEDRS, though the campaign has not yet gone live as of June 2023
Additional References: N/a
Progress to date
More than $500,000 in aid funding were processed through the AIDONIC platform in 2022. AIDONIC was used in Lebanon to track and monitor the distribution of hygiene-kits and food parcels in Beruit. Clients to date include UNICEF, Western Union, MedAir, Pan African Development Foundation, PLAN International, Aramaic Relief International, and MCC.
In September 2023, AIDONIC announced the successful launch of their UNICEF Donor Loyalty App, designed to support donations for girls and boys in Argentina. AIDONIC was selected as the first pilot for the World Food Programme Innovation Accelerator’s “Food for Crisis” partnership with the Global Blockchain Business Council, supporting Web3 tools to combat global hunger.
Business Model
AIDONIC charges a 3.5% fee per transaction and a monthly subscription fee to use the platform features, based on usage.
Traction
Since going live in 2021, AIDONIC has secured six international clients. Between 2020 and 2021 AIDONIC won Reimagining Fundraising’s Cutting-Edge Creativity Award, Swiss Fintech Startup’s Early Stage Startup of the Year Award, and was a finalist for Swiss Digital Economy’s Digital Innovation of the Year Award and The Europas’ Social Innovation Tech Award.