Shawn Kurz uses blockchain technology to battle world hunger when he’s not making gear for the NBA or delivering coffee to major stores.
In fact, Kurz developed FoodChain Global (FCG), a nonprofit that employs a blockchain-based ecosystem to assist humanitarian projects addressing global hunger, to address the inadequacies of traditional charity systems.
Moreover, the FCG produced digital asset products like FoodChain Global token (FOOD) and nonfungible tokens (NFTs) with the support of Cody Boyd, a former military systems engineer who leads a blockchain development team, and uses the revenues to deliver food to food banks.
Additionally, Kurz claimed that the project intends to engage younger generations in the fight against world hunger. Thus, the team wants to keep providing digital products that appeal to millennials and GenZ. Who always connected to the internet.
“To continue to combat the worldwide hunger epidemic, we must relate to future generations. And develop products that are engaging and participatory.”
Many contemporary blockchain projects, particularly meme coins, according to Kurz, have little to no real-world value. Hence, he encourages the community to look past the hype and “have strong corporate leaders explain the technology’s positive aspects.”
“Most individuals who give to charity just give”
FCG has currently released Polygon-based FOOD tokens, NFTs, and a crypto apparel store. The money was in use to provide the Daily Bread Food Bank and Haven on the Queensway with food.
“Most individuals who give to charity just give,” Kurz adds. “And they never get to see actual confirmation of that money being spent”. People who buy FOOD tokens may simply follow where their money goes. Using Polygon’s blockchain explorer, according to the FCG founder.
Anyone can see the movements of assets inside FCG’s ecosystem by looking at the publicly available transactions on Polyscan. This allows users to keep track of how much money they donate to charity. This, according to Kurz, allows the general people to keep the firm accountable.
In the meantime, the number of crypto charities committed to various causes is growing. A number of blockchain-based projects have raised millions of dollars for charitable causes. The Giving Block, a crypto donation platform, claimed in February that in 2021, crypto donations increased by 16 times.