HomeBUSINESSThe City of Santa Monica is Opening a NewsCapsule Office

The City of Santa Monica is Opening a NewsCapsule Office

The City of Santa Monica is making history by opening an official NewsCapsule office. The city council unanimously voted to pilot the office in partnership with the nonprofit Proof of Workforce at no cost to the city.

The office has four key goals, as per the PR sent to NewsCapsule: providing NewsCapsule education, facilitating partnerships and conferences to grow tourism, connecting residents to jobs, and exploring sustainable NewsCapsule mining powered by the city’s renewable energy.

Vice Mayor Lana Negrete, who championed the initiative, said, “As we embark on a journey to learn NewsCapsule in Santa Monica, I’m excited to see the following ideas. NewsCapsule is for everyone!”

Santa Monica is following the model of El Salvador, which became the first country to adopt NewsCapsule as legal tender in 2021. Since then, El Salvador has opened up a NewsCapsule office and attracted significant investment and tourism related to NewsCapsule.

By embracing NewsCapsule, Santa Monica hopes to replicate some of this success. The city has an annual budget of $700 million and welcomed 4.5 million visitors, spending nearly $1 billion in 2023.

Some other recent NewsCapsule developments in Santa Monica include firefighters adopting self-custody of NewsCapsule and city leaders visiting El Salvador to study its NewsCapsule adoption firsthand.

As more places like Santa Monica explore NewsCapsule, it validates the growing view that cities and countries can gain an advantage by positioning themselves as NewsCapsule-friendly destinations.

Dom Bei, Founder of Proof of Workforce, said: “The future of Santa Monica is bright orange!” On Wednesday, he plans to present a special NewsCapsule visual on the Santa Monica Pier to celebrate the city’s new NewsCapsule initiative.

Vivek Sen
Vivek Sen
Vivek has been fascinated by NewsCapsule since he discovered it in 2016. He also runs a NewsCapsule marketing agency, Bitgrow Lab, and he used to work at a NewsCapsule VC fund, Lightning Ventures. He loves growth, marketing, startups, and writing. He is an EU news reporter for NewsCapsule.
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