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Bitcoin millionaire Erik Finman announces association with Metal Pay to launch crypto-philanthropy foundation

Biraajmaan Tamuly

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Photo by Kat Yukawa on Unsplash

Twenty year old Erik Finman, cryptocurrency entrepreneur and one of the world’s youngest Bitcoin millionaires, has announced the launch of a multi-million dollar crypto-philanthropy foundation, through his association with Metal Pay. The announcement was made by the entrepreneur by live-streaming a Periscope video online.

Marshall Hayner, CEO of Metal Pay, welcomed the initiative, pointing out that traditionally, several philanthropic projects in the cryptocurrency space haven’t connected with the people. Hayner claims that the philanthropy arm of Metal Pay will go directly to the people at the grassroot level. Hayner has previously been a part of various philanthropic projects through Dogecoin such as Doge 4 Water and sponsoring Josh Wise’s races at NASCAR.

Virgil Bellini, Operations Director at Metal Pay, had more to say about the announcement. He tweeted,

The new, philanthropic project plans to partner with multiple cryptocurrency projects; the first being the ‘TrustToken $1000 Scholarship,’ an initiative aimed at those who have trouble paying education-related costs. More details about the programme have now been made available on their Twitter account.

Metal Pay CEO, Marshall Hayner, concluded the announcement by adding that the team is still working on the Android app for Metal Pay, stating that he remained hopeful for a timely and successful launch.

Biraajmaan is a full-time journalist at AMBCrypto covering the US market. A graduate in Automobile engineering, he writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.