Brazilian Indigenous Tribes Neglected by the Government

  • Jair Bolsonaro, The President of Brazil, is known for looking down on its indigenous people. He is racist and discriminative towards them
  • He considers their culture to be a total waste of resources

According to the April 12, 1998 report of Correio Brasiliense, a Brazilian newspaper, the President had worked actively to take away indigenous people’s fundamental rights and legal benefits. He said that it’s a pity that the Brazilian cavalry was not as efficient as the American cavalry, as Brazil’s indigenous tribes cannot be exterminated like the Indians were. 

 The Two Rivalry Tribes Join Forces 

The two tribes in Brazil, who’ve been rivals since the previous era, have recently planned to create cryptocurrency together. They have come together with this to fight the government to survive. 

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These two indigenous tribes are from the northern region of Brazil; they are cheated of their income and neglected by the government. A decent income is necessary to feed their families and survive, so the two-rival tribes have joined forces to create their native cryptocurrency. 

United by Cryptocurrency 

The President and the government have become the common enemy for the tribes, it’s kind of surprising because nobody would have expected cryptocurrency to be the binding agent of these two tribes with traditional rivalry. This is undoubtedly a historical moment. 

OYX is a utility token cryptocurrency created by these joined forces. Elias Oyxabaten Surui, a native entrepreneur, created this cryptocurrency. They aim to issue at least 100 million tokens. The initial selling price of the tokens is 10 Brazilian reais. It costs less than $2 each. They hope to acquire the basic needs to survive with this. If it proceeds successfully, then they can stay. 

Although the benefits of the tokens will go to the Surui Paiter and the Cintas-Largas tribes, these two tribes are scattered in the states of Rondonia and Mato Grosso. Both the tribes consist of around 4,000 people who strive to earn a fixed income. 

Why is OYX technologically and politically stable? 

  • Corrupt practices can be prevented.  
  • It assures the donors that their money is fulfilling their objective. 
  • It enables the donators and investors to know the exact amount received and spent. 

The token’s whitepaper consists of a component of political protest. It helps the people; in case they are refused to receive support from the government. 

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Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.

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