Cryptoconservation initiative to fight rhino extinction

A cryptocurrency dubbed ‘Rhino Coin’ has been created to fund the Rhino Coin Foundation, an organisation that helps protect rhinoceros and the communities located in areas near rhino reserves.

“Rhino Coin is cryptoconservation, which means it’s cryptocurrency with a conscience. We combine the transparency and security of blockchain with the social responsibility of conservation,” says Alexander Wilcocks, a founding member of the digital currency.

One Rhino Coin represents one gram of legal rhino horn and a percentage of every one sold will be donated to the foundation, which will also focus efforts against illegal trade. The top priority is to generate a stable and significant source of resources for the conservation of a decreasing population. About one thousand of these mammals are killed each year by poachers.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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