Breadcoin

Last updated
Breadcoin
Breadcoin 2016 obverse pile.jpg
Breadcoin 2016
Unit
Symbol BC‎
Demographics
Date of introduction2016 [1]
Issuance
Central bank Breadcoin Foundation
 Website breadcoin.org
Valuation
Pegged with United States dollar
Value $2.20
Pegged by Breadcoin Foundation

Breadcoin is a community food token created in 2016 to help address the food needs of disadvantaged populations. [2]

The token is issued by the Breadcoin Foundation Ltd, a 501(c)3 nonprofit registered in Washington DC. Over 150 [3] [4] food vendors in Washington DC, Maryland, Pennsylvania, and Florida [5] accept the currency. Local nonprofits distribute breadcoins [6] to those with food-insecurity. [7] Recipients can then use the tokens to purchase food at any of the vendors, increasing their food options and helping them retain their dignity. [8] Breadcoin Foundation sells the coins for $2.50 each, and pays vendors $2.20 in cash for the tokens, using the $0.30 per token to support the operations of the non-profit. [2]

References

  1. ↑ Breadcoin Foundation. "Give the Dignity of Choice with Breadcoin". Breadcoin. Retrieved 2023-01-03.
  2. 1 2 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.
  3. ↑ "Breadcoin.org - Vendor List". Washington DC. 2021-10-18. Retrieved 2021-10-18.
  4. ↑ "Pa. 'Breadcoin' program borrows cryptocurrency concept to feed needy". Harrisburg, PA. 2023-11-21. Retrieved 2025-09-10.
  5. ↑ "To help Tampa's homeless, Breadcoin is a new kind of pocket change". Tampa Bay, FL. 2023-12-27. Retrieved 2025-09-10.
  6. ↑ Roaten, Meredith (2018-08-14). "Food tokens are the newest way to help the hungry". Street Sense Media. Washington DC. Retrieved 2021-10-18.
  7. ↑ "Nonprofit Breadcoin creates food tokens to help fight hunger". Fox5. Washington DC. 2020-06-19. Retrieved 2021-10-18.
  8. ↑ 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.
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