Coinbase CEO launched a New cryptocurrency fund

in mgsc •  6 years ago 

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◆I think everyone has heard the name of "Coinbase"which is an currency exchange platform,recently their CEO has launched a new Cryptocurrency on their platform .
◆Brian Armstrong, the CEO of digital currency exchange platform Coinbase, has launched a new charitable cryptocurrency fund called "GiveCrypto."

 Why they launched it?

◆This nonprofit fund amis to directly donate cryptocurrency to the unbanked and financially empower peoples around the globe.
◆Their Aim is to rise $10Million by this year end and $1billion by 2020.
◆The fund for this new crypto has already raised $3.5million from two key person i.e Brian Armstrong (CEO :-Coinbase) & Chris Larsen (Co-founder:- Ripple each.
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Brian Armstrong [CEO :- Coinbase ]
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Chris Larsen [Co-founder :-Ripple]

◆Other who has donated to raise the funds are
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Cryptocurrency Mining ganit "Bitmain"

2]images (8).jpeg
Venture Capitalist Fred Wilson

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Venture Capitalist Ron Conway

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Ripple CEO Brad Garlinghouse

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ZCash CEO Zooko Wilcox

◆They each has donated above $100,000
◆GiveCrypto will begin donating once it raises $10 million.
◆Armstrong said, "With distribution of aid to foreign countries, high fees and corruption are unfortunately common; cryptocurrency is a way of circumventing both. It can be used to send money anywhere, in real-time directly to an individual—they just need a mobile device with an internet connection."

What do you think about this new crypto let me know in the comment section below

Thanks ❤️
@theflyingdrax

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@cleverbot do you find this blog similar ?

My friend told me about it.

Recently coinbase is growing exchange @banjo

What are your favorite topics?

Automobiles @banjo and whats your favourite topic

I don't have one.

I did not heared about this new cryptocurrency ago.Thanks for your useful information.

You are welcome

Nice. They are thinking way ahead of governments

Your are right brother

Yeah thanks

Coin base exchange have good reputation

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@steemitboard Thanks for the badge. loved your work

Coinbase trading exchange in India

We can't buy crypto on coinbase from india .

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lokks like a good project