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If you're an artist in Ghana, you may soon be able to get paid fairly for your work.
That's because actor Idris Elba is working with the country's central bank to create a payment system based on blockchain, the Guardian reports.
The Stellar Development Foundation, a non-profit founded by Elba, last week announced that it had met with the Bank of Ghana to discuss the possibility of using the central bank's digital currency, the eCedi, to pay artists and others in the creative industry based on their works, per the BBC.
The idea is to create a payment system "designed to guarantee fair compensation for participants in the local creative industry, whose works are commercialised globally, and to enhance access to financing for their works," the foundation said in a statement.
"This will address the current challenge of most industry players in Africa being locked out of the global payments ecosystem, leading to gross violations of their Intellectual Properties (IPs) and copyrights, inability to access funding opportunities for growth or worse still, realize funds that are legitimately earned via commercial use of their works around the world," the statement added.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Berrien Community Foundation
Lincoln Township Library will be expanding its new digital lab thanks to a grant from the Berrien Community Foundation.Library Director Joelle Wake tells us they've been awarded a $10,000 For Good...more
Sonoma County youth find their voices through Guitars Not Guns.Students ages 8 to 18 are learning more than just music they're building confidence, resilience, and a connection to something greater...more
XE: Experimental Humanities & Social Engagement at NYU's Graduate School of Arts & Science offers a dynamic Master of Arts in Interdisciplinary Studies for students whose research interests are best...more
Creative Australia has announced the latest recipients of investment through ACF Boost, an innovative matched funding initiative offered through the Australian Cultural Fund (ACF) The investment of...more
Emmanuel Asante was awarded the Early Career Kirk Robson Award for Community Arts and Cultural Development at the 2024 Creative Australia Awards.The award recognised his contribution to running art...more
Foundation: Community Foundation of Northeast Iowa, Fayette County Community Foundation
Fayette County Community Foundation recently awarded over $176,000 to 23 Fayette County organizations and nonprofits for the betterment of their communities.Grants are awarded through...more
James Umble is a two-time winner of the YSU Distinguished Professor in Teaching Award.He will perform a new piece of music written for saxophone and piano by New York City composer and jazz musician...more
Worlds Within Us is a three part writing workshop for people with stories to tell.Each session will be 60 minutes, in three 20 minute slots inclduing the lesson;writing in response to prompts that...more
Clothilde Bullen awarded the Medal of the Order of Australia (OAM) for service to Indigenous arts.Clothilde is currently Manager Art, Culture and Collections at Edith Cowan University, and previously...more
Travis Lohmann started composing music in his early college years, informally- through FL Studio 6.As of 2017, he ventured more into composing music which gets wider usage for more TV usage.He's been...more
Social Entrepreneurship
Spotlight
Why This Book Needs to be Read By Every Social Entrepreneur
Pedagogy of the Oppressed, a 1970s book by author Paulo Freire, envisions a world not as a given reality, but as “a problem to be worked on and solved.” That mentality is often applied to the greatest social entrepreneurs.
