The LGBT Foundation is unveiling its vision to harness the power and potential of blockchain technology to deliver equality for the global LGBT community. The LGBT Foundation will tokenize the power of the LGBT economy (“Pink Economy”) to support three principal goals:

  • Enable members to verify and protect their identities
  • Demonstrate and exert the economic might of the LGBT community
  • Generate resources to tackle discrimination, repression, and inequality

The LGBT Foundation will conduct a token sale in the first half of 2018 to raise funds for building the required infrastructure. A blockchain-based LGBT Token will not only empower and connect LGBT businesses around the world, it will also help to establish an economic identity and shared infrastructure, will reduce transaction costs for LGBT community members across all borders, and enable this global economy not only to grow faster, but give back to the community and support LGBT rights globally.

Read more about the LGBT Foundation by Api Podder at My Social Good News.