Northwest Arkansas will pay you $10,000 in bitcoin to move there and help turn it into a crypto hub

Northwest Arkansas will pay you $10,000 in bitcoin to move there and help turn it into a crypto hub

A nonprofit in Northwest Arkansas is offering $10,000 worth of free bitcoin to lure newcomers to the region. It's part of a broader push to spur migration to Northwest Arkansas and to create a crypto hub in the area, according to the Northwest Arkansas Council, which is offering the incentive. While the council is mostly hoping to attract tech workers and entrepreneurs with an interest in the blockchain, the offer is open to anyone who wants to make the move, it said Wednesday. This offer "embraces the growing trend toward the use of cryptocurrency as a payment option by employers, but also helps increase our pipeline of talent," Nelson Peacock, president and CEO of the council, said in a press release. Northwest Arkansas has been incentivizing artists, entrepreneurs, and other types of tech talent to move to region since November 2020 with — those selected could choose between a road bike and a mountain bike. The offer — funded by the Walton Family Foundation, the family behind Walmart — has garnered more than 35,000 applicants from people in over 115 countries, the council said. So far, 50 people have moved to the region, . By offering bitcoin incentives, the council