Initial Venezuela goals surpassed, here’s why we want to reach higher!

The city of Adicora where we are wanting to go, credit Instagram @Adicorakite

What is it we are raising the funds for?

We want to give it all to those who have less, to go to the people in Venezuela, to build them up and assist them in any way we can. We want to focus on sustainable and long-lasting assistance that will allow them to be self-sufficient with any input we stimulate the local town’s / enterprises with.

Kitesurfing in Adicora, credit Instagram @Adicorakite
  • Bringing internet access back to the city of Adicora to help stimulate the local economy, which would open the city more to international tourism from their renowned Kitesurfing
  • Helping the people in Valencia with Casas de Abrigo
  • Improving local schools and shelters with water pumps, A/C installations
  • Helping shelters with building maintenance, repairs etc
  • Ideas around DigiByte merchant uptake, such as food / grocery stores accepting DigiByte and an injection of that DigiByte to promote local adoption
  • There are several local foundations that support the poor with food / meals that we are looking in to
  • Giving presents to children in December as part of a longer-term initiative
  • And many more ideas have been coming in from the community at large!
A local school in Venezuela

Who has access to the wallet with these funds?

I still am the only one who has access to the wallet.

The beautiful landscapes of Carabobo, Venezuela, from

How much will you spend on overheads / admin for this?

As little as possible, ideally none!

The city of Adicora, credit Instagram @Adicorakite

Who is going to help on the ground in Venezuela?

We have been receiving some incredible input from the team over at Monkeycoin exchange who are so passionate about Venezuela!

I only have a little to donate, is it even worth it?

Yes, absolutely! Even just 150DGB is the equivalent of a months wages in some areas, so even a small donation can go a long way.

What are the priorities when it comes to choosing what will be funded?

We want to help as many people as possible, where our contributions will have the greatest impact.

When are you planning on stopping receiving funds and going over to Venezuela?

Firstly, I won’t be visiting myself. Flights are too expensive and I don’t want to be taking anything from this myself, so I’m staying put here in New Zealand.

Image credit Instagram @Adicorakite

What is the position of the DigiByte Foundation on this work?

Firstly, this initiative is something that I have been pursuing myself personally, and this is not something that is a “DigiByte Foundation sponsored” initiative. As we are a decentralized blockchain, anybody is welcome to contribute to work done with DigiByte in any way they see fit, which is what is being done here.

Is anybody taking a cut of the funds along the way? A % stake?

No, none whatsoever, myself included. I won’t be on the receiving end of anything.

Image credit Instagram @Adicorakite

Is this just a once-off event?

This is most certainly going to be on-going. Although we may try to do things in “batches”, as this is our 3rd main initiative, we want to keep supporting the people of Venezuela on an on-going basis where possible!

So what now?

Keep spreading the word!

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Josiah Spackman

Josiah Spackman


I write interesting things about cryptocurrency, especially DigiByte