The American state wants tech professionals and entrepreneurs to relocate its Northwestern Arkansas region. Northwest Arkansas Council just announced that it would be providing $10,000 in BTC to tech professionals and entrepreneurs looking to relocate to the region.
Basically, this part of the non-profit’s more comprehensive incentive offer is called “Bitcoin and a Bike.” This offer aims to grow the region’s tech sector.
That’s why Arkansas welcomes the crypto industry with bitcoins and bikes!
This effort makes Northwest Arkansas the first region in the country to offer crypto inducements. This central American state has big plans this year, and the focus is on growing its sprawling blockchain sector.
Furthermore, Nelson Peacock, the president and CEO of the Northwest Arkansas Council, stated that the region’s tech industry has been on the rise. Also, the effort was designed to attract new talent to develop the state immediately.
It’s not just the blockchain experts Arkansas wants to attract. In fact, the incentive is open to a diverse pool of applicants looking to move. If accepted, applicants will receive $10,000 worth of BTC and a bike from taking advantage of the region’s biking trails.
In addition, this effort is part of the more comprehensive Life Works Here initiative. The aim of this initiative is to attract talent to the region. Since its launch in November 2020, the initiative has generated over 35,000 applications in more than 115 countries. Also, 50 American states from people eager to move to Northwest Arkansas.
The region is home to the Blockchain Center of Excellence at the University of Arkansas, one of the famous blockchain-focused academic hubs in the U.S.