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Breadcoin is a community food token created in 2016 to help address the food needs of disadvantaged populations.[2]
 Breadcoin 2016 | |
| Unit | |
|---|---|
| Symbol | BC |
| Demographics | |
| Date of introduction | 2016[1] |
| Issuance | |
| Central bank | Breadcoin Foundation |
| Website | breadcoin |
| 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[3] food vendors in the Washington DC and Baltimore Maryland area accept the currency. Local nonprofits distribute breadcoins[4] to those with food-insecurity.[5] Recipients can then use the tokens to purchase food at any of the vendors, increasing their food options and helping them retain their dignity.[6]
References
edit- ^ Breadcoin Foundation. "Give the Dignity of Choice with Breadcoin". Breadcoin. Retrieved 2023-01-03.
- ^ 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. Archived from the original on 2021-10-20. Retrieved 2021-10-20.