Index Africa says it’s utilizing a part of the proceeds of the charges and indexing rewards earned from being a blockchain node operator on The Graph community to finance philanthropic initiatives in rural areas throughout the continent.
In accordance with an announcement issued on Tuesday, Index Africa’s charity work relies on the decentralized philanthropy (DePhi) idea promoted by Silicon Kruger, a South Africa-based innovation hub that goals to foster web3 innovation within the area. Index Africa donates a share of its earnings from The Graph to the Good Work Basis (GWF).
GWF, a nonprofit group, has been advancing digital literacy and STEM (science, expertise, engineering and arithmetic) studying in rural Africa for over 15 years. Index Africa pans to cowl the tutoring charges of 350 college students in these digital literacy and STEM programs.
For Index Africa and Silicon Kruger, the DePhi initiative is a part of their shared efforts to speed up foundational web3 studying in Africa through The Graph community, a blockchain indexing protocol.
Index Africa is the primary African node operator on The Graph and is without doubt one of the portfolio organizations below the Silicon Kruger umbrella.
