Charity: Water’s Bitcoin Trust Is Raising 100 BTC To Bring Safe Drinking Wate...
Nonprofit group charity: water’s Bitcoin Water Trust Initiative seeks to raise 100 BTC in donations, which will be HODLed into the next epoch.Nonprofit group charity: water, which is focused on bringing safe drinking water to people in developing countries, has announced its “Bitcoin Water Trust Initiative,” which seeks to raise 100 BTC to further its mission.“The trust will allow charity: water to receive and ‘HODL’ bitcoin donations to fund global water projects until 2025,” according to a release shared with Bitcoin Magazine. “In line with the values of the donors, the trust’s funds....
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The Bitcoin Water Trust currently has collected more than 12 BTC so far, representing a cumulative value of $468,000 at today’s prices. Charity: water, a New York-based nonprofit with a mandate to bring clean and safe driving water to developing countries, has begun accepting Bitcoin (BTC) donations through a dedicated cryptocurrency fund — a move that could help the organization attract new donors towards its initiative. The launch of the Bitcoin Water Trust allows charity: water to receive and hold Bitcoin donations to fund global water projects through 2025, the nonprofit announced....
The Bitcoin Water Trust, a fund that accepts and holds bitcoin donations for charity: water, has received over 33.75 BTC since inception.
The Bitcoin Water Trust has already received more than $1.3 million worth of BTC donations despite launching just three weeks ago. New York-based non-profit, Charity: water, has received more than $1 million in BTC donations to its Bitcoin Water Trust within three weeks of the trust's launch.The Bitcoin Water Trust was announced during the 2021 Bitcoin conference in Miami. The initiative attracted attention for its “HODL MODL” treasury management strategy — with the non-profit accepting donations in Bitcoin that it will not touch until 2025. According to the charity’s website, a total of....
Given the lack of trust in charity commissions to deliver the raised funds to the right people, such a concept could radically change the way we donate. Most cryptocurrency enthusiasts will remember The DAO, a failed Ethereum-based experiment creating a major crowdfunding effort to deliver nothing in the end. Even though that concept was a disaster, the original team is trying their hand at a new venture. Under the Charity DAO banner, their new effort will focus on bringing transparency and trust to the charitable sector. That seems to be the main question for the time being. It is....
Three weeks ago, Tyler and Cameron Winklevoss announced the formation of a new trust, Bitcoin Water Trust. A trust whose aim is to bring drinkable water to people who do not have access to it. The Winklevoss twins announced the launch of the trust in Miami earlier this year. The unique model for the trust […]