Supporting Public Goods in a Digital World

#Announcement(Startup) #Profile #Company [ via IoTGroup ]
#Organizer : Statwig / Unicef Crypto fund #StartDateTime : 16 June 2020

UNICEF Innovation has been making investments in open-source startups through its Venture Fund for over four years, with the goal of supporting the creation of digital public goods that can make the world a better place.
UNICEF has continued to explore innovative methods to support founders, including launching a cryptocurrency denominated fund in October 2019.
Today, UNICEF announced that eight more investments have been made through UNICEF’s CryptoFund, and that applications are open for blockchain companies to apply for USD and crypto funding through its Venture Fund.
Since launching our CryptoFund in October 2019, the first cryptocurrency-denominated fund within the UN, we have continued to look for ways to build on our learnings and scale our efforts.
With this new round of funding for eight startups, we are increasing our investment amount and widening the type of companies we are investing in.
This is all in effort to continue to learn about digital currencies and how UNICEF can be more transparent and efficient in its processes.
At the same time, we’re happy to announce that for the first time, our Venture Fund and CryptoFund will be offering a combined opportunity to apply for blended USD and crypto funding.
Building Tools to Operate in a Digitally Financed World
The CryptoFund is part of UNICEF’s efforts to explore what it means to operate in a digitally financed world.
We have several projects that are supporting the organisation with understanding where blockchain and cryptocurrency can support redistributing resources, make the organisation more efficient and transparent and encouraging the creation of digital public goods.
Specifically for the CryptoFund, we’re building a set of tools to make it easier for the public to track investments made, and also internal tools to make us more efficient with our processes.

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