Focus Areas for Social Impact
Financial Inclusion.
Enabling marginalized and unbanked populations to access global financial systems without reliance on traditional institutions.
Education & Awareness.
Promoting knowledge and literacy about Bitcoin and blockchain technologies, especially among underserved communities.
Economic Empowerment.
Supporting local businesses, startups, or initiatives that drive economic opportunities and development through Bitcoin.
Social Justice & Freedom.
Empowering activists, movements, and communities advocating for human rights, freedom, and transparency by utilizing Bitcoin’s decentralized, censorship-resistant nature.
Humanitarian Efforts.
Using Bitcoin to facilitate charitable work, disaster relief, or social services, especially in regions where traditional financial systems face challenges or are inefficient.
Winners earn recognition and more sats
Winner: 1.5 Million Satoshis
This award goes to the individual, project, or organization that has demonstrated the most significant and impactful use of Bitcoin to drive social good in Africa. Their work should exemplify innovative application, long-term sustainability, and tangible benefits to society, whether through financial inclusion, economic empowerment, or any other socially impactful initiatives.
1st Runner-Up: 1 Million Satoshis
The first runner-up will be recognized for their outstanding efforts in using Bitcoin to foster social change, closely following the impact and success of the first-place winner. Their work will also showcase an innovative approach to leveraging Bitcoin for social impact, with the potential to scale and influence larger communities.
2nd Runner-Up: 500,000 Satoshis
The second runner-up will be honoured for their commendable work in contributing to social impact through Bitcoin. While they may still be in the early stages of their journey, their initiative holds great promise and demonstrates how Bitcoin can be a powerful tool for positive change across Africa.
Voting Structure
Nomination Phase
In the initial phase, individuals, projects, and organizations will be nominated for the award. Nominations can be made by public submissions. Anyone can nominate a project or individual who they believe is making a significant social impact with Bitcoin. Nomination will close on November 7th 2024.
Expert Panel
A curated group of industry experts, social impact leaders, and prominent Bitcoin advocates will shortlist up to 8 outstanding candidates based on their impactful work and contribution to the African community’s development and empowerment.
Community Voting
The 8 shortlisted candidates will be announced on November 30, 2024. The Bitcoin community can vote December 1-8 through a secure, decentralized platform, ensuring transparency and impact.
Final Decision and Awarding
The winners will be announced at the Africa Bitcoin Conference awards on December 11, 2024, receiving satoshis and recognition for social impact.