Northwest Arkansas is offering $10k worth of ₿ and a bike to attract talent

franky1

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Quote from: SFR10 on January 13, 2022, 03:36:02 AM

Quote from: franky1 on January 13, 2022, 12:10:37 AM

you dont have to physically sleep in the apartment. just have a registered address

Because of the following lines, I have to respectfully disagree with you on that part:

Quote from: https://findingnwa.com/incentive/
we are looking for people who can meaningfully contribute to and actively participate in our vibrant community.
~Snipped~
We’re looking for people who will add to the vibrancy of our community.

well unless they are going to send an agent to the apartment to do a daily check to make sure someone lives there. its not really a rule/law. its just a guide/hope it will add vibrancy.

take other examples of state/government offering incentives for things
just look at all the 'shell companies' that governments offer 0% tax to, if businesses register in these tax free zones. the business does not end up actually living/working/operating in these area's they just have a po box or registered address with mail forwarding to the actual HQ elsewhere.. its standard practice

sunsilk

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Quote from: SFR10 on January 13, 2022, 03:36:02 AM

Quote from: sunsilk on January 13, 2022, 02:23:34 AM

Is the budget firm or there will be next batch once they fulfilled the $1M allotment?

Since it's still in the pilot stage, they "might" extend it in the future:

Quote from: https://findingnwa.com/incentive/
We don’t have a firm number in mind. This is a pilot right now. After the initial feedback and results are reviewed, we’ll determine whether to extend the program.

Hopefully it gets a good result and the number will increase as we always want to see people getting incentives paid in bitcoin. That's what all of us wanted to see and coming from a state or any form of government, that's something as a positive growth that we're all looking forward.

Quote from: hugeblack on January 13, 2022, 06:19:15 AM

Is $10,000 good to start a life there?it's kinda good for those looking for a new experience, but the positive point is that Bitcoin is starting to be used as a currency that has value and not as a speculative asset, which is a good thing on the way to total adoption.

I don't know if that would be enough there but I guess it will be. Knowing that the eligible participants have already their paying jobs, that amount is a good additional for their start.

stompix

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Quote from: hugeblack on January 13, 2022, 06:19:15 AM

Is $10,000 good to start a life there?

it will get you 60 Sq Ft or 6sq meters in Springdale or if you have a year of rent for 1-2 bedrooms in the suburbs, most likely you will need that bike if you don't have a car. Also:

Quote

The program is intended for individuals who have the ability to work remotely in their current job.

So it will be for poeple who work remotely and think 10k is enough to drop everything and move there, might sound tempting but probably only if you were already looking to save some $ and you're currently living in a more expensive area.

After all, it's normal, if poeple would have wanted to move there they would have done so without an incentive, if they are offering $ the situation there isn't really that good, although looking at the census population is growing and there is no large segment of it over 65+, so nothing alarming on the surface at least.

Coyster

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Quote from: SFR10 on January 13, 2022, 03:36:02 AM

It's worth noting that apart from BTCitcoin, they're also offering $10k in cash

You're correct, but the fact that they are offering either Bitcoin and Fiat just goes to show that Bitcoin is actually being seen as a good alternative to fiat, which it actually is, and thus I think it's actually somewhat of a good news, not a really big one by the way, but something to take note of as Bitcoiners look forward to mass adoption. Having said that, it'll honestly be interesting to see if people would take this offer and relocate over there, the money doesn't look too big to be a convincing factor, but maybe that and a couple of other reasons could convince people to try it out.

hugeblack

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Is $10,000 good to start a life there?it's kinda good for those looking for a new experience, but the positive point is that Bitcoin is starting to be used as a currency that has value and not as a speculative asset, which is a good thing on the way to total adoption.

I see some kind of paradox as the bike symbolizes a clean environment but some mediums are trying to link Bitcoin with the destruction of the environment and the consumption of electricity in something worthless.

SFR10

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Quote from: franky1 on January 13, 2022, 12:10:37 AM

you dont have to physically sleep in the apartment. just have a registered address

Because of the following lines, I have to respectfully disagree with you on that part:

Quote from: Poker Player on January 13, 2022, 02:07:36 AM
They could have offered $10K in dollars, but offering it in Bitcoin means they see it as a good asset,
It's worth noting that apart from BTCitcoin, they're also offering $10k in cash:
- Quote from: sunsilk on January 13, 2022, 02:23:34 AM
  Is the budget firm or there will be next batch once they fulfilled the $1M allotment?
  Since it's still in the pilot stage, they "might" extend it in the future:
  - Quote from: https://findingnwa.com/incentive/
    We don’t have a firm number in mind. This is a pilot right now. After the initial feedback and results are reviewed, we’ll determine whether to extend the program.

sunsilk

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Quote from: franky1 on January 13, 2022, 12:10:37 AM

seems they only want 100 people to come to NWA. (invest $1m in allotments of $10k)

I guess that bike is also part of the $1M budget.

But anyway, that's a good start for NWA that they've considered giving it out in bitcoin and that's a positive development on their location. I'm sure that those workers that have seen the ideality of this offer would not hesitate to sign up.

Where do we see if there have been accepted applicants already and how many of them are? Is the budget firm or there will be next batch once they fulfilled the $1M allotment?

Poker Player

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Quote from: franky1 on January 13, 2022, 12:10:37 AM

it has to start somewhere, but the authority 'accepting bitcoin as a real asset' snowball has already started rolling. may it continue

Yes, I think this is the key point here. They could have offered $10K in dollars, but offering it in Bitcoin means they see it as a good asset, and besides that they will have bought Bitcoin to be able to give it. I don't know if they accept Bitcoin for tax payments or in the future they might accept it, googling I don't see anything, but it might be a first step.

franky1

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seems they only want 100 people to come to NWA. (invest $1m in allotments of $10k)

the 'new hampshire project' years ago seemed more interesting as a campaign, i think more then 100 people took up the NHP offer

anyone interested?
well set yourself up as self employed(no min income required). rent a NWA apartment for $500/m ($6k/y) and keep $4k profit.
you dont have to physically sleep in the apartment. just have a registered address

i dont see this as an attempt to make NWA a 'bitcoin region' like el salvador or new hampshire. its more of just a signal that towns, cities and state officials are legitimising crypto (accepting it as a real asset)

it has to start somewhere, but the authority 'accepting bitcoin as a real asset' snowball has already started rolling. may it continue

nullama

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This is the official website:

https://findingnwa.com/incentive

Basically, if you're able to relocate there for a year, they are happy to give you $10k worth of ₿ and a bike.

This would be an interesting experience if you're a tech entrepreneur or you're able to work remotely.

Eligibility Requirements

Quote from: https://findingnwa.com/incentive/

In order to be eligible for our program, applicants must have the ability to relocate to Northwest Arkansas within 6 months of acceptance, and must have full-time remote employment, or be self-employed. Applicants must currently live outside of Arkansas, be 24 years old or older, and be eligible to work and live in the United States.

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