UNICEF Promises That Its Unicoin is the 'First Currency Dedicated to Do Good'

By: Laura McQuarrie - Jun 13, 2015
References: youtube & unicoins.org
UNICEF recently unveiled the 'Unicoin,' a form of currency that aims to promote good in the world. The coin can only be possessed by exchanging a drawing online through the Unicoin website and it can only be spent by purchasing educational supplies for kids. For each drawing that is donated, H&M's Conscious Foundation also matches each Unicoin spent with a notebook and a pencil.

As an organization that is devoted to supporting children's rights around the world, this is a clever way to get on board with the growing cryptocurrency movement.

Now that Bitcoin is being regarded as legitimate legal tender, other alternate forms of currency are beginning to emerge. Like the Unicoin, some are committed to making changes that have to do with social good.