When he’s not designing merchandise for the NBA or supplying coffee to big box retailers, Shawn Kurz fights world hunger with the help of blockchain technology.

Motivated to repair the shortcomings of traditional charity systems, Kurz founded FoodChain Global (FCG), an organization that uses a blockchain-based ecosystem to support charitable initiatives that focus on global hunger.

With the help of Cody Boyd, a former military systems engineer, to lead a blockchain development team, FCG has launched digital asset products such as FoodChain Global token (FOOD) and non-fungible tokens (NFT) and uses the proceeds to supply food to food banks. .

Kurz told Cointelegraph that the project aims to bring the fight against world hunger to younger generations. The team aims to continuously provide digital products that speak to Millennials and GenZ who are glued to the digital world.

“We need to connect and provide products to future generations to continue to address the global hunger crisis but at the same time make products engaging and interactive.”

Related: Bitcoin Ready to Help Communities: Latinx Nonprofit Now Accepting Crypto Donations

According to Kurz, many of the current blockchain projects, especially meme coins, have little or no contribution to the real world. He urges the community to leave the fluff behind and “have strong business leaders who show the bright side of technology.”

At the moment, FCG has released Polygon-based FOOD tokens, NFTs, and clothing stores with crypto products. The proceeds were used to supply food to the Daily Bread Food Bank and Haven in Queensway.

“Most people who donate to charities just donate and never get to see tangible proof of that money being spent,” Kurz said. However, the FCG founder mentioned that people who buy FOOD tokens can easily track where their money is going through the Polygon blockchain explorer.

By reviewing publicly available transactions on Polyscan, anyone can view asset movements within the FCG ecosystem. With this, people can keep track of how much goes to charity. Kurz said this allows the public to hold the company accountable.

Meanwhile, crypto charities dedicated to various causes are on the rise. Many blockchain-based projects have contributed to philanthropic initiatives, raising millions of dollars. Crypto donation platform The Giving Block reported in February that crypto donations increased 16-fold in 2021.



This post NBA Merchandise Designer Turned To Blockchain To Help End World Hunger

was published first on https://cointelegraph.com/news/nba-merch-designer-turned-to-blockchain-to-help-end-world-hunger

Author

Write A Comment