Virginia Union University Receives Pioneering Cryptocurrency Gift from The Paragon Universe

February 25, 2024

RICHMOND, VA – February 25, 2024 – Virginia Union University is honored to announce an unprecedented cryptocurrency donation from The Paragon Universe, led by visionary entrepreneur and inventor Dwight Thanos Smith. This pioneering contribution of $250,000 in ParaCoin cryptocurrency is dedicated to empowering students attending Historically Black Colleges and Universities (HBCUs), reflecting Mr. Smith's commitment to driving change through education and innovation. 

"Allow me to introduce you to The Future of Everything," said Dwight Thanos Smith, Executive Chairman and Chief Visionary Officer of Paragon VTOL Aerospace. 

The Paragon Universe's "Pioneering Crypto Gift to Empower HBCU Students" theme highlights Smith's dedication to supporting the African diaspora and communities worldwide. The significance of this donation lies in its direct impact on HBCU students' educational pursuits, furthering the mission of these institutions and promoting inclusion initiatives. 

Smith's background in supporting the African diaspora and communities worldwide showcases the importance of donating to an HBCU through the ParaCoin cryptocurrency donation. He values the transformative impact that educational institutions like HBCUs can have and recognizes their pivotal role in shaping tomorrow's leaders. 

Dr. Hakim J. Lucas, President and CEO of Virginia Union University, expressed the institution's profound gratitude for the transformative gift. 

"We are deeply honored to receive this donation from The Paragon Universe. The Paragon Universe is committed to advancing educational opportunities for HBCU students resonates with our institution's core values, and we are excited to collaborate on programs that will positively impact our students' academic and personal development,” said Dr. Hakim J. Lucas 

The programs and initiatives that will benefit from this generous contribution are currently being determined in collaboration with VUU's legal counsel. The university looks forward to leveraging this support to create opportunities to empower and uplift its student body. 

Virginia Union University extends its heartfelt appreciation to Dwight Smith and The Paragon Universe for creating a visionary approach to supporting higher education and recognizing the role that HBCUs play in shaping the leaders of tomorrow.