The Jamaican Bobsled team was thrilled when they learned they qualified for the 2014 Olympic Games in Sochi, Russia. However, they had one huge problem: funding. Luckily, the Internet came together and raised more than enough money to make the team members’ dream come true!
Money was raised using the cryptocurrency Dogecoin. The name may seem familiar to you because it’s based on the popular meme! After learning that the team needed $80,000 for travel and equipment, the online community set up dogesled.net. The site says the target to raise was $30,000. Thanks to people’s generosity, the goal was reached just after one day! To date, the site says it has raised $33,269.
But Dogecoin wasn’t the only virtual community helping out the Caribbean team. A campaign was set up on the crowdfunding site Crowdtilt, which raised almost $130,000. Another one is on Indiegogo, which has received nearly $56,000 to date.
Thanks to people’s generosity, the Jamaican bobsled team has raised more than enough money. We look forward to seeing them in Russia! Internet FTW!
Tell us, what sport are you most looking forward to watch during these Games?