![]() Breadcoin 2016 | |
Unit | |
---|---|
Symbol | BC |
Demographics | |
Date of introduction | 2016 [1] |
Issuance | |
Central bank | Breadcoin Foundation |
Website |
breadcoin |
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]