Paxful’s #BuiltWithBitcoin Project Builds a Second School in Rwanda
Published
3 years agoon
By
CryptoTvplusCryptocurrency has given charity a new shape. Paxful, one of the world’s largest peer-to-peer (P2P) bitcoin marketplaces has announced that the second school on its #BuiltWithBitcoin project in Rwanda has now been completed. The initiative was able to raise over a $100,000 through donations in BTC, ETH, BCH, DASH and LTC to fund the construction of the first primary school in the area.
paxful was able to achieve this feat in partnership with ZamZam charity. Yusuf A. Nessary the president of ZamZam explained, “Having proper education centers is fundamental in moving countries like Rwanda forward, while also increasing their standard of living…We are beyond thrilled to have partnered with Paxful in order to provide education for (the) next generation and beyond.”
The initiative will also employ six full-time teachers to carter to the educational needs of the children between the ages of 6 to 15. The school is located in the Bugesera District and the structure contains six classrooms, bathroom stalls, a cafeteria, a water well system that would hold 35,000-liter and solar panels.
Paxful launched the #BuiltWithBitcoin initiative last year and started by donating $50,000 in bitcoin which was used to build the program’s first nursery school in Rwanda. Paxful has also granted scholarships to some female Afghan refugees in the United States and plans to build 100 schools across Africa. The address donations can be made to is 3Q5CESP85hhXTLSy2HDbSyNchb5Bi8D7ku and Paxful aims to transform the lives of the people of Rwanda through cryptocurrency.
What do you think about the #BuiltWithBitcoin initiative? Share your opinion with us in the comment section below.
Image credit: Pixabay
Disclaimer:
The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.
Latest Episode on Inside Blockchain
Crypto News Update
Crypto Street
Trending
Crypto Bootcamp Community Celebrates Bitcoin Pizza Day Across Africa
The advent of Bitcoin has paved the way for seamless cross-border payments. The demand for third-party intervention in financial transactions...
Explore, Build Assets, Fight and Earn in the Supernova Space
A new economy was opened in 2017 when blockchain was integrated into gaming to produce the first Web3 game: CryptoKitties....
Owl.Games: The Rise of Crypto Games in the Casino Industry
Crypto gaming used to be new a few years ago but it’s going mainstream now. However, there are some sectors...
BCAT Africa: Reducing Unemployment in Africa
One of the greatest lines spoken in the Spiderverse is “with great power comes great responsibility”, although it can be...
Gamified NFT Platform Trove Announces Launch Partners SideQuest
Trove has announced its new Launch Partnership with SideQuest, a gamified risk-to-earn NFT collection. It was announced on Twitter today. ...
Enjoyed every bit of your blog post. Really thank you! Much obliged.