The Northwest Arkansas Council is offering $10,000 worth of Bitcoin in an effort to bring in remote tech professionals to move to the region. This report comes from the KNWA, a local media outlet. The region includes Fayetteville, Rogers, Bentonville, and Springdale.
Aside from Bitcoin, any tech professional that heads over to Arkansas would be rewarded a street or mountain bike.
“This expanded incentive offer—Bitcoin and a bike—not only embraces the growing trend toward the use of cryptocurrency as a payment option by employers, but also helps increase our pipeline of talent to benefit tech employers, startups, cities, local businesses and the region overall,” said Nelson Peacock. Peacock serves as the President and CEO of the Northwest Arkansas Council.
“Northwest Arkansas is one of the fastest-growing regions in the country, and we’re now seeing the more explosive growth in our tech sector,” he also stated.
On the off chance these rewards do not interest the prospective Arkansas tech professional, cash, along with an annual membership to an art or cultural institution will be provided to them instead.
This effort is only made possible thanks to the support from the Walton Family Foundation, which places its primary focus on the improvement of education, as well as protecting rivers and oceans, along with investing in Northwest Arkansas. Helen and Sam Walton, the founders of Walmart, serve as its creators.
The Blockchain Center of Excellence of the University of Arkansas seems to be particularly excited by the initiative and endeavor.
The center will also provide technical expertise and support for all blockchain-related technologies.
We believe next-generation talent is essential to further transform our region into a hub for up-and-coming tech innovators and businesses,” said Mary Lacity, the director of Blockchain Center for Excellence, when speaking with KNWA.
“We’re excited to see our region leading the way with Bitcoin and a Bike to not only bring in new talent, but also generate interest in the important blockchain-focused work taking place in our region,” Lacity added.