Motivated to fix the shortcomings of venerable charity programs, Kurz founded FoodChain World (FCG), a company that makes tell of a blockchain-essentially based totally ecosystem to enhance charitable initiatives focusing on global starvation.
Enlisting the encouragement of Cody Boyd, an old protection force programs engineer, to handbook a blockchain pattern team, FCG has launched digital asset merchandise equivalent to FoodChain World token (FOOD) and nonfungible tokens (NFT) and makes tell of the profits to give meals to meals banks.
Kurz instructed Cointelegraph that the project aims to raise the war against global starvation to youthful generations. The team aims to consistently present digital merchandise that talk about with Millennials and GenZ who are glued to the digital world.
“Now we must in any recognize times negate and present merchandise to future generations to continue to address the global starvation disaster but, on the same time, make the merchandise taking part and interactive.”
In step with Kurz, many of the contemporary blockchain initiatives, in particular meme coins, beget runt to no contribution to the real world. He urges the neighborhood to pass past the fluff and “beget right industry leaders showcase the good aspect of the expertise.”
For the time being, FCG has released Polygon-essentially based totally FOOD tokens, NFTs, and crypto merchandise clothing stores. The proceeds were old to give meals to the Day after day Bread Food Monetary institution and Haven on the Queensway.
“Most those that donate to charity correct donate and by no formulation bag to perceive tangible proof of that money being spent,” acknowledged Kurz. Nonetheless, the FCG founder talked about that those that select FOOD tokens can simply song the build their money goes thru Polygon’s blockchain explorer.
By going thru the publicly available in the market transactions on Polyscan, somebody can glimpse the actions of sources within FCG’s ecosystem. With this, folks can song the amount that goes to charity. Kurz acknowledged that this enables the public to take the corporate guilty.
Meanwhile, crypto charities dedicated to various causes are on the upward thrust. Many blockchain-essentially based totally initiatives beget contributed to philanthropic initiatives, raising tens of millions of bucks. Crypto donations platform The Giving Block reported in February that crypto donations multiplied by 16 times in 2021.
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