NATIONAL NEWS - A new cryptocurrency was launched in Bryanston recently, which will aid in the conservation of rhinos.
The currency, called Rhino Coin, will contribute to a foundation called the Rhino Coin Foundation, and the two will work together to both fund and aid conservation efforts.
With the vast amounts of funding required to safeguard, sustain and maintain, let alone grow a rapidly dwindling rhino population, Rhino Coin’s key motivation is to create a steady and significant source of revenue for rhino conservation.
Dr Johan Marais, a renowned veterinarian and director of the foundation, said that in the last five years, every year, 1 000 rhinos are lost to poaching, an unsustainable figure that will soon lead to their extinction.
Cryptocurrency to aid rhino conservation
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Alexander Wilcocks, a founding member of the Rhino Coin, explains how the Rhino Coin will be used to conserve rhinos. Photo: Laura Pisanello
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Posted on: 10:12 Wed, 20 June 2018
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