The jeepney you see here was financed via a crowdfunding model the people behind the project call an “Initial Jeepney Offering,” a wordplay on the term ICO, or Initial Coin Offering, which is a popular way to launch new cryptocurrencies. Twenty different individuals donated 0.5 Bitcoin Cash (or BCH for short) in an effort to turn an existing jeepney into their very own digital money marketing mobile. The Twitter handles of these “chairholders,” as they are called, have been emblazoned in the seating area, with the seats themselves displaying the trademark green ‘B’ logo that the BCH community has chosen to adopt.

From riding a jeepney to buying a Lamborghini, the real-world uses of cryptocurrencies are many and easy to facilitate

The vehicle has been nicknamed Gen, which is short for Genesis Jeepney and hints at the group’s plans to unleash more than just this single PUV onto Metro Manila roads. At the moment, passengers still pay their fares in pesos, but an RFID payment system (think Beep cards) complete with free Wi-Fi is soon to be installed, meaning that not only has the jeep been paid for with BCH, but passengers will also be able to use the digital cash to ride it in the near future. Once installed, this will be a first in the world and will demonstrate potential large-scale practical uses of cryptocurrencies.