MUNCH Project Reaches $1 Million Milestone in Charitable Donations

PRESS RELEASE. Charity donation project MUNCH announces the ground-breaking milestone of donating over 1000 ETH to various charitable projects, making MUNCH the world’s leading charitable crypto project. MUNCH is a Defi project that incorporates automatic donations into financial transactions. 3% of every MUNCH transaction is diverted, automatically converted to ETH, and then routed to a community-chosen and verified charity. It requires no action or decision making and gives people autonomy over their investments. MUNCH converts donations at the point of the transaction and....

PRESS RELEASE. Charitable company MUNCH will lead a philanthropic effort called Charity Circle, which will donate to charitable global causes using ETH. 13th August 2021, London, UK — Leading DeFi charity platform MUNCH has announced ‘Charity Circle’ – a philanthropic effort led by Munch to encourage DeFi projects to donate to charitable causes through sending Ethereum to Munch’s smart contract, Charity Circle will trustlessly and automatically donate to the current charity selected by the Munch community. MUNCH and Partnerships MUNCH is a DeFi cryptocurrency....

The partnership connects The Giving Block, one of the biggest platforms for crypto-friendly nonprofits, with the Munch protocol’s automated donations tool. Munch, an up-and-coming decentralized finance (DeFi) project that lets investors give back a portion of their earnings to charitable causes, has officially partnered with The Giving Block — a move that could provide a significant boost to the rapidly growing crypto donations industry.The new agreement connects The Giving Block’s growing community of crypto-ready nonprofits with the Munch network, which allows users to easily donate to....

The cryptocurrency community is flexing its generosity amid the latest bull market, as charitable donations continue to grow. Two unrelated cryptocurrency projects have collectively raised over $3 million for charitable contributions this month, underscoring the potential of digital assets in aiding mission-based non-profits around the world. Elongate, a cryptocurrency project that began as a parody of Elon Musk’s reference to the Watergate scandal, has raised $2 million for various food and general support programs via Human Relief Foundation and Give India. The latter is a Covid-19....

Fidelity Charitable, an independent public American charity, has announced that it received $7 million in bitcoin donations in 2016 from donors across the country. To enable Fidelity Charitable donors to give more and to support a broader expansion, in November 2015, the charity began accepting bitcoin. Donors were then able to donate more with the non-profit efficiently monetizing the bitcoin for grant-making. As well as accepting digital currency donations, the charity also raised $3.5 billion in donor-recommended grants to non-profit organizations last year, which saw a 15 percent....