Northwest Arkansas offering $10K in Bitcoin to attract remote workers
The Northwest Arkansas Council, consisting of business leaders aimed at promoting development in the region, has announced a crypto incentive program to bring in tech professionals and entrepreneurs willing to work remotely.
In a Wednesday announcement, council president and CEO Nelson Peacock said the area would be looking to expand its range of talent in the tech industry by offering $10,000 in Bitcoin (BTC) — roughly 0.23 BTC at the current price of $43,610 — in addition to a bicycle or membership to arts and cultural facilities. The “Bitcoin and a Bike” program, the next stage of the area’s Life Works Here initiative, is specifically aimed at embracing professionals in blockchain-related fields. The program will offer the crypto incentive to qualifying individuals willing to live for at least a year in Northwest Arkansas — presumably close to the cities of Fayetteville, Springdale, Rogers and Bentonville.
“Northwest Arkansas is one of the fastest-growing regions in the country, and we’re now seeing more explosive growth in our tech sector,” said Peacock.
Among the requirements for applicants are the ability to work remotely, moving to the area within six months of acceptance and two years of experience at their current position in the tech industry. Northwest Arkansas is already home to major retailer Walmart’s headquarters in Bentonville — the Walton Family Foundation is contributing to the Bitcoin and a Bike program and Walmart founder Sam Walton was a founding member of the council — as well as the University of Arkansas’ Blockchain Center of Excellence, offering education in blockchain-enabled tech.
“Next-generation talent is essential to further transform our region into a hub for up-and-coming tech innovators and
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