Breadcoin
Breadcoin is a community food token created in 2016 to help address the food needs of disadvantaged populations.[1]
Breadcoin | |
---|---|
Breadcoin | |
![]() Breadcoin 2016 | |
Denominations | |
Symbol | BC |
Demographics | |
Date of introduction | 2016 |
Source | https://breadcoin.org/ |
Issuance | |
Central bank | Breadcoin Foundation |
Website | breadcoin.org |
Valuation | |
Pegged with | United States dollar |
Value | $2.50 |
Pegged by | Breadcoin Foundation |
The token is issued by the Breadcoin Foundation, Ltd., a 501(c)3 nonprofit registered in Washington DC. Over 60[2] food vendors in the Washington DC and Baltimore Maryland area accept the currency. Local nonprofits distribute breadcoins[3] to those with food-insecurity.[4] Recipients can then use the tokens to purchase food at any of the vendors, increasing their food options and helping them retain their dignity.[5]
References
- Iati, Marisa (2019-01-11). "'Breadcoin' is a new currency in D.C. for people in need". Washington Post. Washington DC. Retrieved 2021-10-18.
- "Breadcoin.org - Vendor List". Washington DC. 2021-10-18. Retrieved 2021-10-18.
- Roaten, Meredith (2018-08-14). "Food tokens are the newest way to help the hungry". Street Sense Media. Washington DC. Retrieved 2021-10-18.
- "Nonprofit Breadcoin creates food tokens to help fight hunger". Fox5. Washington DC. 2020-06-19. Retrieved 2021-10-18.
- Lieberman, Mark (2018-06-28). "Inspired By Bitcoin, D.C. Economist Wants To Help Homeless Community Access Food With Dignity". DCist. Washington DC. Retrieved 2021-10-20.
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