With the Hive Empowers Communities Project, which began last year, we have witnessed immense potential in the Hive's ability to change lives for the better. The project has brought to light the true value of crypto and has shown the world that crypto can indeed be used for good. In all the projects we have embarked on in Ghana under this initiative, one thing has been very significant: the Hive-branded plaque.
Placing these plaques on all the Hive Boreholes has been about leaving a lasting brand impression of Hive. The Hive plaques also serve as a tool that exposes Hive to the masses. We have always believed that effective marketing, a crucial activity that not only attracts investments but also contributes to Hive's growth in terms of its user base. This has been the reason why every available tool at our disposal has been well-utilized to help people learn about Hive.
This particular plaque has been designed for the current ongoing Hive Borehole project in the north, which will soon be launched. It has been two weeks of intensive construction works, beginning with drilling, mechanization, and then moving on to construction works. We are currently in phase two, where the final works leading to the launch will be completed.
Phase two work always concludes with tiling and the installation of the plaque. We firmly believe in the power of Hive, and it is crucial to help others learn about it and experience it. These plaques, as always placed at the center of the tiled wall, will serve as a testament to the impact of Hive in every town we have reached out to.
These beautifully designed plaques will continue to be a reminder and tell the story of how Hive brought hope to the towns where we have constructed community boreholes. I believe we have a truly inspiring story to share with the rest of the world. Through the Hive Borehole project, many lives have been transformed.
Everything we have done has been a blessing to those who faced water challenges, and for Hive, it's a testament to its immense potential. The impactful story is captured on the plaque; the story of what community efforts can achieve. We have achieved a resounding success, and I hope it fills everyone who is part of Hive with pride for being part of the decentralized blockchain community.