“In order to continue to combat the worldwide hunger epidemic, we need to relate to future generations and develop goods that are engaging and participatory,” says Shawn Kurz.
Shawn Kurz uses blockchain technology to battle world hunger when he’s not making gear for the NBA or delivering coffee to major stores.
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.
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.
According to Kurz, the project intends to engage younger generations in the fight against world hunger. The team wants to keep providing digital products that appeal to millennials and GenZ, who are always connected to the internet.
“In order to continue to combat the worldwide hunger epidemic, we must relate to future generations and develop goods that are both entertaining and interactive.”
According to Kurz, many existing blockchain projects, particularly meme coins, have little to no real-world value. He wants the community to get over the hype and “have strong corporate leaders explain the technology’s positive aspects.”
FCG currently has Polygon-based FOOD tokens, NFTs, and a crypto goods clothing store available. Food was donated to the Daily Bread Food Bank and Haven on the Queensway with the earnings.
“Most individuals who give to charity just give,” Kurz adds, “and they never get to see actual confirmation of that money being spent.” However, the FCG founder notes that anyone who purchase FOOD tokens can simply trace where their money goes with Polygon’s blockchain explorer.
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.
Meanwhile, the number of crypto charities dedicated to various causes is growing. Several blockchain-based projects have raised millions of dollars for altruistic causes. The Giving Block, a cryptocurrency donation platform, stated in February that cryptocurrency donations had increased by 16 times in 2021.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.