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 $2.50
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 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]

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References

  1. 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.
  2. "Breadcoin.org - Vendor List". Washington DC. 2021-10-18. Retrieved 2021-10-18.
  3. Roaten, Meredith (2018-08-14). "Food tokens are the newest way to help the hungry". Street Sense Media. Washington DC. Retrieved 2021-10-18.
  4. "Nonprofit Breadcoin creates food tokens to help fight hunger". Fox5. Washington DC. 2020-06-19. Retrieved 2021-10-18.
  5. 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.