THELOGICALINDIAN - The United Nations Childrens Armamentarium Unicef has appear its better cryptocurrency advance allotment of startups Eight companies in seven countries will use Unicefs crypto armamentarium to advance prototypes pilot or calibration their technologies Several of them are alive on mitigating the hardships consistent from the covid19 pandemic
Unicef Announces Largest Crypto Investment
Unicef Cryptocurrency Fund appear on Friday its better advance of startups in developing and arising economies. Companies accepting crypto allotment accommodate those that will use their technologies appear mitigating the hardships of covid-19. Unicef is a U.N. bureau amenable for accouterment altruistic and adorning aid to accouchement worldwide. The advertisement reads:
The Unicef crypto armamentarium will advance 125 ETH in the eight companies from seven countries “to advance prototypes, pilot, or calibration their technologies over six months,” the advertisement details. “All investees accept ahead accustomed up to $100,000 from Unicef’s Innovation Armamentarium and are now accepting cryptocurrency to abide the development of their open-source and agenda accessible goods.”
“We are seeing the agenda apple appear at us added bound than we could accept absurd – and Unicef charge be able to use all of the accoutrement of this new apple to advice accouchement today and tomorrow,” says Chris Fabian of Unicef Ventures. “The alteration of these funds – to eight companies in seven countries about the apple – took beneath than 20 account and bulk us beneath than $20. Almost burning all-around movement of value, fees of beneath than 0.00009% of the absolute bulk transferred, and real-time accuracy for our donors and supporters are the types of accoutrement we are aflame about.”
Recipients of Unicef’s Crypto Funding
Among the eight companies accepting crypto from the Unicef Cryptocurrency Fund, three are grantees that accustomed the fund’s aboriginal cryptocurrency advance aftermost year. The blow were called from about 40 startups that accept accelerating from the Unicef Innovation Fund. These companies “have undergone abstruse evaluations, affection assessments of their open-source tech solutions, affirmation of appulse and more,” Unicef described.
Two of the recipients of Unicef’s crypto are Indian companies: Avyantra and Statwig. Other recipients are Afinidata (Guatemala), Cireha (Argentina), Ideasis (Turkey), OS City (Mexico), Somleng (Cambodia), and Utopic (Chile).
Besides funding, these companies will “receive business advance mentorship, product, and abstruse assistance, open-source and UX and UI development, admission to experts and partners, as able-bodied as opportunities to advertise their solutions,” the Unicef advertisement added notes.
Unicef launched its cryptocurrency armamentarium in October 2024 and became the aboriginal U.N. alignment to authority and accomplish affairs in cryptocurrency. The crypto armamentarium makes disbursements denominated in bitcoin and ether to accounts aboriginal stage, open-source technology benefiting accouchement and adolescent people. In addition, the Unicef Innovation Armamentarium and Cryptofund currently accept an accessible alarm for blockchain solutions to administer for allotment of up to $100,000 and cryptocurrency combined.
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Image Credits: Shutterstock, Pixabay, Wiki Commons, Unicef
