The money will be used to support blockchain-based initiatives that help locals find affordable housing.
The Dargent Group, a private equity firm, announced on May 17 that it would be contributing $5 million to the Captain Haiti Foundation, a 4947(a)(1) charitable trust.
The partnership will use blockchain technologies, according to the Captain Haiti Foundation, to “combat Miami’s housing crisis and the ongoing gentrification of the Haitian community [in Miami].” The fund will be devoted to assisting residents in the Little Haiti neighborhood of Miami acquire land, family homes, and commercial real estate, according to Nandy Martin, also known as Captain Haiti and the chairman of the foundation.
“Our Little Haiti Walls initiative could draw 150,000 tourists a year, boosting local economies and enhancing cross-cultural exchange, by replicating just 5% of Wynwood’s Wall success.”
Martin Teams Up with Nusic to Launch Limited Edition Music NFTs with Real Estate Purchase Rights and Support Little Haiti’s Beautification
In order to launch a limited edition geo-located music nonfungible token collection that gives collectors first-option real estate purchase rights, Martin will collaborate with Web3 music infrastructure provider Nusic. The Captain Haiti Foundation also hopes to raise $300,000 for Little Haiti’s beautification, with 30% of the money going towards neighbourhood clean-ups, public artwork, and the planting of “Little Haiti Walls”-style green spaces.
Martin won the backing of Miami District Commissioner Jeffrey Watson and Cardano founder Charles Hoskinson two years ago so that blockchain technology could be used to help revitalise the Little Haiti neighbourhood. At the time, Martin developed the Little Haiti Coin on the Cardano blockchain to offer discounts for Haitian imports, and Watson granted $200,000 to 40 local businesses for importing Haitian goods.
Two years ago, Martin secured the support of Cardano founder Charles Hoskinson and Miami District Commissioner Jeffrey Watson in order to use blockchain technology to help revitalise the Little Haiti neighbourhood. At that time, Watson granted $200,000 to 40 local businesses for importing Haitian goods, and Martin created the Little Haiti Coin on the Cardano blockchain to offer discounts for Haitian imports.
“I kindly ask for your assistance in addressing this matter and assisting us in maintaining the Little Haiti Wall project, which is so essential in fostering cultural awareness and appreciation within our neighbourhood. By doing this, we can make sure that Little Haiti’s artistic and cultural heritage is preserved for present-day audiences to enjoy and learn from.