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Home Breaking News

Twitter Co-founder, Jack Announces Appointment of 3 Outstanding Nigerians Into Bitcoin Trust Fund

by iDeemlawful
December 17, 2021
in Breaking News
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Microblogging, Twitter Bows to all FG’s condition
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Twitter co-founder, Jack Dorsey has announced the appointment of three outstanding Nigerians into the board of the Bitcoin trust fund.

Jack said the trio emerged victorious among 7,000 applicants.

The three Nigerians appointed are Abubakar Nur Khalil, Obi Nwosu, and Ojoma Ochai.

Also, a South African, Carla Kirk-Cohen, was appointed.

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They were chosen to distribute 500 Bitcoins donated by Dorsey and Jay-Z for Bitcoin development across Africa.

Dorsey, who resigned as Twitter CEO in late November, formed the Bitcoin trust fund in partnership with American hip-hop star Jay Z.

Dorsey and Jay Z had previously announced their intention to give 500 BTC to set up ₿trust, an endowment to fund bitcoin development with a starting focus on teams based in Africa and India.

Dorsey said they were appointed for being purposeful.

He said, “I’m so grateful for you all and so inspired.“

They’ll now work towards defining the operating principles as they think about how to best distribute the 500 bitcoin towards development efforts.

“A massive thank you to the working team that made this happen. 7,000 applications to these incredible four, all reviewed with purpose and rigor.”

Abubakar Nur Khalil is a researcher and web builder based in Kaduna. He is also the Chief Executive Officer of Recursive Capital, a firm that invests in the development of the web 3.0 ecosystem in Africa.

The 22-year-old Khalil is a Bitcoin Core Contributor on the African continent and started his contributions when he was 19.

Obi Nwosu leads commercial strategy and Coinfloor’s team of finance and cryptocurrency experts.

Previously, Obi was the Founder and CEO of Supalocal and held senior roles at ebookers.com and WeeWorld, overseeing the development of a virtual currency, used by 30 million users

.“Thanks, @jack and the team. Super excited to be a part of this vision, organisation, and mission and to finally be able to talk about it,” Nwosu said while reacting to his appointment.

On her part, Ojoma Ochai has demonstrated success in leading strategy, large scale programmes and change management, building strategic and operational partnerships, delivering digital transformation, championing and mainstreaming diversity and inclusion and leading globally dispersed teams.

She worked in and with partners and teams globally, particularly across Africa and the United Kingdom for a range of organisations like British Council, UNESCO, World Bank (Growth and Employment Programme), Africa Technology and Creative Group (ATCG), and various governments in Africa and beyond.

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