GovFi is a decentralized model that aims to improve government efficiency.
It replaces centralized agencies with decentralized networks where citizens complete tasks in exchange for rewards.
This model reduces government spending, balances budgets, and shifts the financial relationship between governments and citizens.
Key infrastructure in the GovFi ecosystem includes Pacioli.ai, an Ethereum based protocol, and ICERAID, a Solana based intelligence crowdsourcing platform.