ACCESS Newswire
23 Jul 2021, 17:35 GMT+10
ATLANTA, GA / ACCESSWIRE / July 23, 2021 / Ikechi Nwabuisi, founder and CEO of TriBL, today calls for a 'New Black Wall Street,' offering a bold vision on how Blacks around the world can create generational wealth by building off some of the many lessons learned 100 years after the famed Greenwood community in Tulsa was destroyed.
Nwabuisi, a Nigerian-American and the founder and CEO @ TRiBL, a messaging app for Pan-African commerce, says that while it's a great time for to celebrate the 100th anniversary of the horrific 'Black Wall Street' massacre where nearly 300 people were killed and 35 acres of businesses and homes were destroyed, a strategic plan is needed to lay the groundwork for a new global digital wealth strategy built on community and e-commerce.
'I can't tell you how angry I am that this part of our nation's history was hidden for so long,' Nwabuisi says. 'More importantly, the seemingly sudden awareness about the success of those brave Black men and women only validates the false narrative that lives in the media on why Black people can't create wealth, leading us to approach the problem incorrectly.'
Here are three other key components of his strategy:
'The new Black Wall Street empowers us to re-train our community with a community-first mentality that will significantly shift our behavior,' Nwabuisi says. 'Group economics amongst Black people around the world will enable us to take advantage of some of the biggest wealth-creation events which will occur over the next 50 years, i.e., emerging market real estate/infrastructure, blockchain, cryptocurrency, etc. With the power of our global community, we have the potential to tap into more than $2.5 trillion in Pan-African commerce.'
Nwabuisi's app, TRiBL, is an all-in-one crypto platform that uses a Discord-meets-CashApp-like experience to pool money and streamline commerce within Black communities across the U.S., Nigeria and more. The company has partnered with VISA and crypto firms Circle Internet Financial and Paxos Brokerage Firm to enable interoperable exchange of digital currencies worldwide.
To set up interviews with Nwabuisi, contact Neil Foote, Foote Communications, [email protected], 214.448.3765.
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SOURCE: TriBL
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