Tag: Donations

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Where do crypto donations go? Here are six charities that have benefited, as told by The Giving Block

“As a smaller organization with a smaller team, we saw how crypto could level the playing field and provide massive fundraising success,” said giving associate Alexa Castellano at Trees for the Future. Charities and donations have been a trending topic in the cryptocurrency realm as of late. And it’s not simply an act of giving.…
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Bitcoin set to help communities — Latinx nonprofit now accepts crypto donations

“This funding mechanism will allow us to widen our donor base and reach a new generation of supporters,” said Corazón Latino founder Felipe Benitez. An organization that supports communities in times of need employs the helping hands of crypto to open the doors for a “broader swath of philanthropists.” Powered by charity provider The Giving…
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Ukrainian Volunteer Groups Accept Bitcoin Donations Amid Tensions With Russia, Study Finds

Non-government and volunteer organizations collecting funds to support Ukrainian forces have been accepting donations in cryptocurrency, a new report has unveiled. The findings have been published amid heightened tensions with Russia, which has been accused of amassing troops at the border with Ukraine. Ukrainian Organizations Crowdfund Defense Effort With Crypto Ukrainian NGOs and volunteer groups…
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US national figure skating body adopts Bitcoin donations

After announcing plans to go crypto in September last year, U.S. Figure Skating now officially accepts Bitcoin for donations. The United States national governing body for the sport of figure skating, U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like Bitcoin (BTC). The association has partnered with the…
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Crypto donations jumped nearly 16x in 2021, new report says

The average crypto donation size was $10,455, 82x more than an average $128 cash donation. 2021 was not just the year of institutionalization of crypto and new all-time highs; it also turned out to be the biggest year for crypto philanthropy. According to research data from The Giving platform, crypto donation volume rose to $69.6 million…
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Presidential Candidate in South Korea to Raise Funds in Cryptocurrency, Issue NFTs  

Lee Jae-myung, nominated by the ruling party in South Korea for the upcoming presidential elections this spring, is preparing to raise funds in cryptocurrencies and issue non-fungible tokens for supporters. His campaign hopes that the initiative will woo young and tech-savvy Korean voters whose interest in digital assets is growing. Ruling Party of South Korea…
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From art to gaming: The biggest NFT trends of 2021

Pop culture NFTs, blockchain art games, Metaverse NFTs, charity auctions and worldwide NFT art are the year’s central themes. According to a recent report by Cointelegraph Research, the volume of nonfungible tokens (NFTs) sold this year could eclipse $18 billion. From artwork, music and in-game characters to videos and photographs, these minted certificates of ownership…
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Spreading holiday joy through charitable giving with cryptocurrency

Charitable crypto campaigns aim to give back this holiday season, demonstrating how effective cryptocurrency and NFT donations can be for donations. The holidays are the perfect time of the year for giving back, and the rise of cryptocurrencies has created even more opportunities for charitable initiatives. This was highlighted during Giving Tuesday 2021, the Tuesday…
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Vodafone auctions world’s first SMS ‘Merry Christmas’ as NFT for charity

The historic 15 character-long SMS will be auctioned off to help the displaced refugees across the globe. British telco giant Vodafone has reportedly plans to auction the world’s first Short Message Service (SMS) in the form of a nonfungible token (NFT) on Dec. 21. The SMS, that reads “Merry Christmas”, was sent 29 years ago…
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Circle and Endaoment to create USDC-based disaster relief fund for communities impacted by deadly tornado

Yet another stablecoin philanthropy initiative launched by Circle during the past year. Circle, the company that created the USDC stablecoin, announced a partnership with public charity Endaoment to create a disaster relief fund. The fund will help mid-western American communities impacted by last week’s deadly tornadoes. The two entities hope to raise $1 million in…
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