18 March 2014

Kenya: Internet Currency Helps Kenya Build Water Wells

Photo: Kristy Siegfried/IRIN
Victoria Nditondino holds up a jug of the dirty, brown water that her grandchildren have drawn from a distant well in southern Angola’s Cunene Province.

Dogecoin, a Litecoin-derived cryptocurrency, just assisted Kenya in building wells. This was done through Doge4Water, a charity set up to help people in Kenya get clean drinking water.

One of Dogecoin's community members donated 14 million Dogecoins (worth about US $ 11,000 when exchanged) this see's a record being broken, as the tweet is the most money ever donated or sent directly via a tweet, the Dogecoins will then be converted into real money, and that money will be used to build new wells.

The person who donated the money seems to not be in search of fame as he/she chose to stay anonymous, only going by the twitter handle '@savethemhood'. That being said, the person's contribution helped the cause immensely by assisting Doge4Water to get to its initial target of 40 million Dogecoins (US $ 30,000). The targeted day for this goal to be reached was on the March 22, but due to the sizeable donation the charity met the target with a week to spare this was also made possible as, other members of the Dogecoin community had already made more than 4,000 donations totaling to 26 million Dogecoins (equivalent to more than $20,000).

The campaign was initiated by Eric Nakagwa, a member of the Dogecoin Foundation.

This is not the only time the Dogecoin community has been involved in charitable activities, but it is the most impressive. "This was one of the more inventive campaigns we've seen," said Paul Young, Director of Digital for charity.

The foundation's other projects include helping to send a Jamaican bobsled team to the Sochi Olympics and funding service animals for children with disabilities.

"I'm really proud of the Dogecoin community for using the money they've made to change the lives of others instead of hoarding it," said Dogecoin co-founder Jackson Palmer. "The first ever $10,000 tweet demonstrates the power of digital currency and social media to make the world a better place."

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