We are excited to announce that as of today, RootProject distributed $3,673 in funds raised for CYCLE Kids, marking the completion of our second funded program in the last four weeks.

CYCLE Kids is committed to strengthening the emotional and physical health of children by teaching them the skills necessary to lead active and healthy lifestyles through riding bikes. CYCLE Kids’ goal is to help children living in urban, rural and native American communities whose lives are challenged by poverty. Children living in communities with high unemployment and widespread poverty often face emotional issues that stem from social isolation, low self-confidence and a weak support system, not to mention poor nutritional habits. Programs like CYCLE Kids help build self-esteem while also providing a healthy exercise outlet. They believe that the simple and captivating skill of riding a bike changes lives. CYCLE Kids operates in 11 states and the Navajo Nation in Arizona. The funds RootProject raised will purchase new bikes, helmets and bike locks. With CYCLE Kids local partners on the ground, these supplies will go far in helping create a positive future for many children.

Julianne Idlet, the Founder and Executive Director of CYCLE Kids said: “We are excited to be able to work with RootProject to adapt new approaches to crowdfunding and awareness building to our work. This is a new tool in our toolbox and, if we keep growing like this, we can impact thousands of more children before long.”

What drew RootProject to CYCLE Kids was the important work they do not only helping kids with their confidence but also combating disease such as childhood obesity, hypertension and diabetes. CYCLE Kids works to keep young people feeling confident, healthy and happy no matter what their home life may be.

“Cycle Kids was our first nonprofit partner and our very first nonprofit campaign, back when RootProject’s pre-ICO had just ended, and 99% of people had never heard the words ‘crypto’ or ‘blockchain.’,” said RootProject founder and CEO, Nicholas Judge. “The ICO having ended less than three months ago and hiring and tech build now in full swing. It feels so exciting to start doing real, tangible good while, we’re building the tech to scale that good by orders of magnitude. Cycle Kids is a great program, and will always have a special place in our hearts and RootProject’s founding.”

We started RootProject to use the power of blockchain, impact investing and crowdfunding for social good. We are excited that we get to be part of the solution and collaborate with non-profits such as CYCLE Kids to help with some of society’s most pressing issues.

With our second project funded, momentum is building.