Worldcoin Helps Ease Kenya Water Shortages
Last April, CCN reported that the good people of Worldcoin had successfully crowdfunded a new well near Musoli, Kenya, despite extreme difficulties due to the price of that particular coin dropping dramatically. As you may remember, thanks to project leader Brandon Brown, the remaining funds were raised by his matching subsequent donations coin-for-coin. Those who contributed to the campaign and those who believe in the role of cryptocurrencies in the developing world will be happy should know that as of December, the well began construction. And not long after that, on 26 January, the....
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The Worldcoin community has become a project sponsor for The Water Project. Less than a week after the Dogecoin community made headlines for donating $30,000 worth of dogecoins to the Jamaican bobsled team, the Worldcoin Foundation has decided to throw their hat into the crypto-charity ring. The foundation is creating the Worldcoin Initiative, which is said to be a series of relief efforts in various parts of the world. The first project in this new initiative is the Worldcoin Well, which was able to collect over 30,000 worldcoins in a single day. Sponsoring a Water Project. Worldcoin....
The Worldcoin community has become a project sponsor for The Water Project. A few weeks ago, I made a post about the troubles facing Worldcoin's Well Project. Although the Worldcoin community had raised enough money to pay for a new well in Africa through the Water Project, a price in the price of worldcoins led to that project actually only ended up with half of the $10,000 it needed to get started. To be fair, the collapse in the worldcoin price came at a time when pretty much all cryptocurrencies were falling in price, including bitcoins. After that setback, the Worldcoin community was....
It seems the Vertcoin community wants to make up the difference. Update #2: The Noblecoin community has their own fundraiser through The Water Project, and it seems they convert everything to dollars as soon as possible. A few weeks ago, we reported that the Worldcoin community was able to raise over $10,000 worth of worldcoins in order to fund the development of a new well system in Africa. At this time, the funds are still in the hands of someone in the Worldcoin community, and they may not be able to use them for their intended purposes. The price of worldcoins has crashed in recent....
The Kenyan government has set up a 17-member committee to investigate the operations of American-based cryptocurrency firm Worldcoin, due to its collection of biometric data not satisfying Kenya’s data privacy laws of the country. The process requires a user to give his iris scans in exchange for a digital ID known as global ID and get free Worldcoin tokens as part of plans to create a new identity and financial network, and the Kenyan government saw this as a security risk. Joint Ad-hoc Committee Investigation In Kenya Kenya’s National Assembly Speaker Rt Hon. (Dr.) Moses....
This is part 3 in a series about the BitGive Foundation's work in Kenya. Read an introduction or a photo essay about this project. In 2014, the BitGive Foundation led a campaign in the Bitcoin community to raise $10,000 in Bitcoin to fund a water well in sub-Saharan Africa with The Water Project. The Bitcoin community rallied and surpassed the goal, raising more than $11,000. The water well recently was completed in the western region of Kakamega, Kenya, and the BitGive Foundation was there to witness the community celebration. They wanted to capture the magic on film, and this short video....