“₿trust” is the name Jay-Z and Jack Dorsey have given to their new joint venture. It will be active in Africa and India, in the field of cryptocurrencies, specifically that of bitcoin. The two men want to set up a “blind and irrevocable trust” in which they have no decision-making power.
The Twitter boss and the super producer will make an initial investment of $ 23.6 million (500 bitcoin). They are also looking for members for their board of directors. For this purpose, Jack Dorsey has made a form available to potential candidates. Only three will be chosen.
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The form specifies that the selection will be made solely on the basis of the information that will be shared there. That is, their email, their name and proof of their work. Their mission will be to make bitcoin the currency of the Internet.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer
Jack Dorsey..cryptocurrency Africa Jack Dorsey..cryptocurrency Africa