Erik Finman actually beamed down money from outer space, doing what he calls a “crypto space drop” to help a school in Africa.
Using a constellation of satellites, he sent $1,000 worth of MTL, the cryptocurrency of Metal Pay, to St. Mary’s School in Korle Gonno in the Greater Accra Region of Ghana.
Back on the ground, a partner held a specially built antenna to receive the cryptocurrency, then he converted it into cash and delivered it to the school’s headmistress.
“We wanted to show that even in the most remote places that don’t have the most functional of infrastructure, money infrastructure, financial infrastructure,” he told Business Insider.
Finman, a high-school drop-out who bought $1,000 worth of bitcoin when he was 12 in 2011, now holds $3.2 million worth of the currency and is an investor in the Metal Pay platform.
His “crypto space drop” helped the St. Mary’s School to offer more facilities to its students.