HARLEM, Manhattan (PIX11) – A Harlem group is launching a brand new cryptocurrency referred to as “Harlem Coin.”
Harlem Coin will likely be given to neighborhood members making social change occur of their neighborhood. They will redeem the cash for companies and merchandise in some Harlem companies. It’s being referred to as a “social influence token.”
An organization referred to as Silicon Harlem is launching Harlem Coin this fall. It’s a cryptocurrency that solely Harlem companies will acknowledge.
Clayton Banks, the CEO of Silicon Harlem, says the coin could possibly be the way forward for what he calls “neighborhood foreign money.”
PIX11 Information bought an unique take a look at the brand new coin at Silicon Harlem’s headquarters on Frederick Douglass Boulevard. Banks says for the previous decade his firm has targeted on bridging the digital divide in underserved communities in Harlem.
Banks says how Harlem Coin works is easy. Individuals earn cash by doing good deeds, and collaborating companies will redeem them solely in Harlem.
Banks says native enterprise like Harlem Cafe and Frequent Good have already agreed to just accept the brand new coin.
The Harlem Coin will likely be formally introduced at Silicon Harlem’s annual Subsequent Gen Tech Convention on Oct 21. In order for you extra details about the brand new Harlem Coin, go to the Harlem Coin website.
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