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Afrocoin
World's first virtual currency economic racism in the creation of black own businesses & mortgages
Steven Lance Rocker
5
Journalist, Project Manager, @ The New York Times.
· New York, NY, United States
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BlackCoin (The Black Community's Virtual Currency)

Black Americans spend more than every other racial group combined, but are disrespected… It is said that $1 stays in the white community 29 days, the Asian American community 30 days and the Jewish community a staggering 32 days before the money is dispersed outside the community because there are community owned businesses. For blacks that number is 8 hours, specially the amount of time for people to cash their check and give their money to community outsiders. Why not use virtual currency technology to allow blacks to gain control over their spending and allow the promotion and proper development of black own businesses and products?

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Steven Lance Rocker
5
Journalist, Project Manager, @ The New York Times.
· New York, NY, United States

People can use AFROCOINS on their phones. Use only at black owned businesses for INCREDIBLE discounts. We earn most our money from the black owned businesses we point sales to. Win-Win.

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Robert Lancer
57
Chief Technology Officer at Collaborizm
· New York, NY, United States

Can you prototype by putting together black owned businesses? Potentially mapping them to allowing customers to buy black can help.

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Steven Lance Rocker
5
Journalist, Project Manager, @ The New York Times.
· New York, NY, United States

I am just starting to do so. I am doing a quick write up. We know we will need equipment for both black owned and operated bushiness along with technology on consumers’ phones. We will also need technology to run the online bank backed by the virtual currency to make all these transactions possible.

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