In a pool of 7000 applicants, Jack Dorsey in partnership with American hip-hop star Jay Z, has selected three able Nigerians to lead the Bitcoin Trust Fund project.
The project is an initiative proposed by the duo providing 500 BTC to set up ₿trust, an endowment to fund bitcoin development with a starting focus on teams based in Africa and India.
The names of the three Nigerians selected include Abubakar Nur Khalil, Obi Nwosu, and Ojoma Ochiai.
Abubakar Nur Khalil from Kaduna who is a researcher and web builder is also the CEO 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 Chief Executive Officer of Supalocal and held senior roles at ebookers.com and WeeWorld, overseeing the development of a virtual currency, used by 30 million users.
Ojoma Ochiai has been successful in leading strategy, large-scale programs, and change management; building strategic and operational partnerships; delivering digital transformation; championing and mainstreaming diversity and inclusion; and leading globally dispersed teams.
Following the appointment, 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.”