#BuiltWithBitcoin - A social good initiative by Paxful

Our mission is to support communities in emerging markets through bitcoin.

"The #BuiltWithBitcoin initiative is a testament to the power of cryptocurrency. We firmly believe that it can improve lives and make the world a better place."

Ray Youssef, CEO and co-founder of Paxful.

Our journey so far

Paxful launched the #BuiltWithBitcoin charitable initiative in 2017 to show that bitcoin can help people around the world. With the goal to build 100 schools, water wells, and community gardens for sustainable agriculture funded entirely by bitcoin all across emerging markets, the initiative showcases the capability of charity and philanthropy within the crypto industry.

Nursery and Primary School

Paxful’s very first bitcoin-funded school was completed in December 2017, serving a community of 7,500 people. The nursery education center is located in the Nyamata Sector of Rwanda’s Bugesera District, and consists of 3 classrooms, 4 restrooms with potable irrigation system, and a 15,000L water tank and water-catchment system.

In January 2019, Paxful officially cut the ribbon of the second school #BuiltwithBitcoin in Kigali, Rwanda. This school doubles the size of the first school, with six classrooms and six full-time teachers serving up to 300 primary school students aged 6 to 15. It also includes a cafeteria, a 35,000-liter potable water well, solar panels for sustainability, and many other resources for the education and enjoyment of students, staff, and faculty.

male400 Students
flagFinished in 2017 and 2019

Africa Fund

With COVID-19 on the rise in Africa and cases growing at exponential rates, the #BuiltWithBitcoin Africa Fund is on a mission to provide a solution to the supply gap that the most vulnerable are feeling. Paxful is kicking off the fund with $15K USD, and matching any additional donations submitted up to $15k USD to the fund by members of the community in BTC. With this initial injection of funds, they will focus on the biggest issues facing Africa right now which include access to food, water, and medical supplies.

flagLaunched in 2020

Current projects underway

Bringing Quality Education to Children

Project description

Pencils of Promise (“PoP”) works with communities to build schools and create programs that provide educational opportunities for students, no matter where they are born or what resources they have. Funds raised through the #BuiltWithBitcoin initiative will support Pencils of Promise’s mission to provide access to quality education to children around the globe. PoP builds schools from the inside out, providing safe structures in which to learn and equipping teachers, students, and communities with programming and resources for them to thrive. To date, PoP has built over 500 schools and provided access to education to over 100,000 students throughout Ghana, Guatemala, and Laos, establishing itself as a leader among the innovative global nonprofits working toward sustainable social change.

Updates from the scene

Donate Now!

Early Education Center in Nigeria

Timeline

Purchase of land
Planning the project
Blueprints of the school
Construction started
Construction ended
Ready for students
Purchase of land
Planning the project
Blueprints of the school
Construction started
Construction ended
Ready for students

Project description

The fourth school by Built With Bitcoin will be an early education center in Kaduna State, Nigeria. Situated in Ankara Nandu Village, this building will serve 120 students aged 3 to 6 and house 3 classrooms. There will also be 8 bathrooms, a water well, a water reservoir, solar panels, a conference room, and space for storage. Most recently, we laid out the foundation for the structure, installed the tank reservoir, and finished the digging for the well. Be sure to keep an eye out for progress updates and news on opening.

Updates from the scene

Contractor

contractor

Middle school in Kenya

Timeline

Purchase of land
Planning the project
Blueprints of the school
Construction started
Construction ended
Ready for students
Purchase of land
Planning the project
Blueprints of the school
Construction started
Construction ended
Ready for students

Project description

Our third school will be coming soon in Machakos County, Kenya. Construction has commenced on the project that will provide an educational home for 120 children, aged between 3 to 6. The school will include a kitchen, a teacher’s office, solar panels, as well as bathrooms, and classrooms.

Construction was scheduled to be completed by April 2020 but has unfortunately been delayed by COVID-19. We’ll provide updates when we get them.

Updates from the scene

Contractor

contractor

#BuiltWithBitcoin Africa Fund

Project description

With a number of African countries coming under a state of emergency due to the coronavirus, we feel an urgent need to step in and help.

We hope to put donations through the Africa Fund towards essential supplies such as food, hand sanitizers and other protective equipment.

We will be donating to three non-profit organizations in total. For each organization, we will kick off with a donation of $5,000 USD and match every donation made after for up to $5,000 USD in bitcoin. This means that Paxful could be donating $10,000 USD to each organization, but to do so we’ll need your help.

Which organization would you like to donate to?

shofco_logo
grow_logo
zamza_logo

Message from the initiator

One of our key goals is to bring financial inclusion to the underbanked, via bitcoin. #BuiltwithBitcoin is the next logical step. Now we are not only helping those in emerging economies meet their day-to-day financial needs; through our work with Zam Zam, we are also making a real and lasting difference in their communities. We hope that others in the cryptocurrency scene will join this important venture."

— Ray Youssef, Paxful CEO and co-founder.

#BuiltWithBitcoin is a movement started by Paxful to empower education in Africa

It has always been our CEO Ray Youssef’s dream to build schools in places where they are most needed. In 2017, his dream finally came true — Paxful launched the #BuiltwithBitcoin charitable initiative with the goal to build 100 schools, water wells, and community gardens for sustainable agriculture funded entirely by bitcoin. This initiative is the perfect showcase of the capability of charity and philanthropy within the crypto industry.

visit paxful

Articles about #BuiltWithBitcoin

paxful breaks ground on nigerian school in #builtwithbitcoin initiative

paxful announces fourth “built with bitcoin” school, in nigeria

paxful’s bitcoin africa fund joins covid19 fight

paxful launches bitcoin donation campaign to support charities in africa’s response to covid-19

crypto marketplace paxful launches africa covid-19 relief fund

paxful launches bitcoin donation drive for coronavirus relief

paxful launches bitcoin fundraising campaign to combat covid-19 in africa

paxful launches covid-19 relief fund

paxful creates a bitcoin-based donation fund to help african charities during the covid-19 world crisis.

paxful launches bitcoin fundraising campaign to help africa amidst coronavirus pandemic

paxful launches bitcoin donation campaign to combat covid-19 in africa

ray youssef: paxful ceo discusses the role of peer to peer bitcoin finance in the global economy

paxful sets a bitcoin-funded charity in africa

rwanda and kenya providing rich ground for cryptocurrency growth in east africa

paxful in drive to expand bitcoin access in east africa

paxful to establish 100 schools in africa as part of the “builtwithbitcoin” initiative

paxful investing in young african leaders by building schools with bitcoin

paxful second #builtwithbitcoin school complete in rwanda

peer-to-peer bitcoin marketplace paxful launches second school in rwanda

crypto in africa: paxful builds schools in rwanda, crypto trader kidnapped in south africa

p2p bitcoin marketplace paxful builds second school in africa with crypto

bitcoin [btc] – peer-to-peer bitcoin marketplace paxful completes second ‘built with bitcoin’ campaign school

second rwandan school completed with paxful’s #builtwithbitcoin

exclusive: paxful ceo reveals important use cases for bitcoin (btc) in third-world countries

paxful completes second school in rwanda #builtwithbitcoin

paxful helping build schools in rwanda via the #builtwithbitcoins initiative

paxful’s ‘built with bitcoin’ campaign completes second school in rwanda

crypto promotes charity in rwanda with new school in rwanda

trading platform paxful completes construction for second school in rwanda

crypto promotes charity in rwanda with new school in rwanda

bitcoin builds a rwanda school, thanks to paxful

peer-to-peer bitcoin marketplace paxful completes second school in rwanda

#builtwithbitcoin of paxful touches new milestone in rwanda

paxful’s ‘built with bitcoin’ campaign completes second school in rwanda

paxful eyes 100 african schools with #builtwithbitcoin initiative

paxful ceo ray youssef shows how bitcoin can be used for social good

these rwandan preschools were built with bitcoin

price vs value: how builtwithbitcoin makes a positive impact

paxful, zam zam water make bitcoin-funded charity in africa a reality

paxful expands #builtwithbitcoin initiative with scholarship program for afghan refugees

paxful to make the world a better place with #builtwithbitcoin initiative

partners
zamza_logo
shofco_logo
grow_logo
giving_block_logo
pencil_of_promise_logo
socialgood_logo

We need your company’s help

Join us in making education and clean water possible for children who need it the most. Become a partner of the initiative, send an email to [email protected]