Miami blockchain folk hero secures $5M for community tokenization

On May 17, the Captain Haiti Foundation, a 4947(a)(1) Charitable Trust, announced a $5 cardinal rise sponsored by backstage equity steadfast Dargent Group. 

The Captain Haiti Foundation says the concern aims to leverage blockchain technologies to "combat Miami's lodging situation and the ongoing gentrification of the Haitian assemblage [in Miami]." Nandy Martin, who is besides known arsenic Captain Haiti and serves arsenic the Foundation's chairman, explained that the money volition beryllium dedicated to helping residents get land, household homes, and commercialized existent property successful the Little Haiti vicinity of Miami.

"By achieving conscionable 5% of Wynwood's Wall success, our Little Haiti Walls inaugural could pull 150,000 tourists annually, stimulating section businesses and amplifying taste exchange."

For the archetypal step, Martin volition spouse with Web3 euphony infrastructure supplier Nusic to merchandise a constricted variation geo-located euphony nonfungible token (NFT) postulation granting first-option real-estate acquisition rights to collectors. Additionally, the Captain Haiti Foundation aims to rise $300,000 to beautify Little Haiti, with 30% of the funds allocated to assemblage cleanups, nationalist art, and planting greens dubbed the "Little Haiti Walls."

Two years prior, Martin secured the support of Cardano laminitis Charles Hoskinson and Miami District Commissioner Jeffrey Watson to utilize blockchain to assistance revitalize the Little Haiti community. At the time, Commissioner Watson granted $200,000 to 40 section businesses for importing Haitian products portion Martin created the Little Haiti Coin connected the Cardano blockchain to supply discounts for Haitian imports.

Captain Haiti and Cardano laminitis Charles Hoskinson. Source: Charles Hoskinson via Twitter

Known for his eccentric shield and cape outfit inspired by Captain America, Nandy advocates against what helium believes to beryllium increasing gentrification successful his vicinity that has led to unaffordable lodging and emigration. In 1 missive of enactment for the inaugural seen by Cointelegraph, it writes:

"I kindly petition your enactment successful addressing this contented and helping america to sphere the Little Haiti Wall project, which plays specified a captious relation successful promoting taste knowing and appreciation wrong our community. By doing so, we tin guarantee that the creator and taste practice of Little Haiti is preserved for aboriginal generations to bask and larn from."