The Giving Block launches 'Crypto Giving Pledge' to ramp up crypto donation e...
“Crypto Giving Pledge” is the organization’s most ambitious fundraising initiative yet. The Giving Block, a leading cryptocurrency donations platform, has launched a new initiative with the stated goal of making crypto the most charitable industry in the world. The “Crypto Giving Pledge” encourages digital asset investors to pledge at least 1% of their holdings to charities each year and for cryptocurrency companies to contribute 1% of their revenue toward similar causes. Users can join the initiative anonymously and without having to disclose their contributions. If everyone in crypto....
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The Giving Block and Shift4 have partnered for a Caring With Crypto nonprofit donation campaign to support Miami-based nonprofits.
Giving Tuesday marked the start of the season for crypto giving and The Giving Block is leading the crypto fundraising campaign. After Thanksgiving Thursday, Black Friday and Cyber Monday comes Giving Tuesday, a day that encourages contributing to charity. The year saw a rise in crypto-philanthropy, thanks to The Giving Block’s initiative of Crypto Giving Tuesday, which initially began in 2019. The organization that equips nonprofits to accept cryptocurrency donations raised $2.4 million dollars in crypto this year, a 583% increase from Crypto Giving Tuesday 2020. From charities,....
Giving Block co-founder Pat Duffy said the service streamlines the platform's existing donation process, allowing “high-value donors to quickly and securely give large gifts to their favorite charities while reducing their tax bill.” The Giving Block, an online platform which allows nonprofit organizations and charities to accept digital asset donations, has launched a service tailored to donors wishing to send large amounts of crypto.In a Wednesday announcement, the Giving Block said it partnered with crypto tax startup Taxbit, New York-based accounting firm Friedman LLP, and Ren to start....
Ryan Selkis, Dan Matuszewski, Qiao Wang and Haseeb Qureshi join the new crypto donations initiative established by The Giving Block. Four crypto and blockchain veterans have joined Founders Circle, an industry group supporting The Giving Block’s new crypto-focused charity drive. The “Crypto Giving Pledge” encourages cryptocurrency investors and businesses to donate at least 1% of their holdings to charities each year. The initiative is part of The Giving Block’s mandate of increasing charitable giving and enabling more nonprofits to accept cryptocurrency donations. The Giving Block....
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 in 2021 compared to $4.2 million in 2020. Crypto donation volume spiked 1,558% or nearly 16x over the same period. The average crypto donations also saw a 236% increase, rising from an average of $3,109 in 2020 to $10,445 in 2021.The data further revealed....