The Nigerian Team of the Nano Initiative has organized a community outreach to some orphanages in the country.
The orphanages visited included House of Mercy Garden Home, Saint Stephen Orphanage Home, and Perious Pearls Orphanages all located in Egbeda In Alimosho Local Government in Lagos.
Speaking on the sideline of the recent visitation, the Ambassador representing Nigeria, Samuel Olapade said that the outreach was aimed at creating publicity for the Nano initiative.
In an exclusive interview with Coinnewsextra, Olapade said that the initiative, having identified the role of digital assets in fundraising, seeks to provide easy access and transparency.
“Donations have been the key tools organizations use when it comes to fundraising. The currency to be used has to be easy to access, transparent in terms of transaction history, acceptable globally, and easy to exchange.
“Nano is a non-profit organization and donations are one of the core use cases of the utility token $XNO because it is easy to transfer from any part of the world. Our Nigeria team pushed for this in other to bring awareness to the use of $XNO in the country as a currency acceptable in terms of donation.”
He stated that the company is seeking collaboration with merchants, especially online stores in Nigeria willing to accept the token as a means of payment.
This is in addition to supporting the less privileged while also creating awareness of the potential of $XNO.
Nano is a digital asset launched in October 2015 by Colin LeMahieu.
The asset seeks to solve the inefficiencies of other currencies to be used globally for everyday payments.
According to the firm, the digital asset is known by its community as Eco-friendly, Zero-fee, and Instant Payment.