How Crypto Shamed The UN: Larger And Transparent Donations
Crypto donations have been pouring into Ukranian efforts and have reached almost $70 million. Official reports show how the country has already started to successfully use the financial aid. Meanwhile, the United Nations lags behind with only $20 million in donations that fail to be as transparent as crypto. Unflustered UN? On 24 February 2022, […]
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Helperbit is an Italian startup which has created a platform to manage natural disaster donations. The project was born in 2014, but only now has it finally started to accept donations thanks to its collaboration with Italian non-profit organization Legambiente. As revealed in a recent press release, Helperbit will now help Legambiente to raise funds for its campaign entitled "The Rebirth has a Young Heart" dedicated to youth entrepreneurs in the Italian areas affected by the earthquakes in 2016. Thanks to the Blockchain technology, Helperbit adds another channel for fundraising....
Digital currencies have the potential to make politics in Ireland more transparent. That's what political candidate Ossian Smyth thinks, anyway. The hopeful is running for a local election in the Dún Laoghaire town just over 7 miles south of Dublin's city center, and he's making a splash in the crypto-currency community by announcing he's accepting bitcoin for his campaign. This effectively makes Smyth the first in Ireland to do so. Smyth is running for the Green Party, and his experience in the technology field is extensive, having worked for Microsoft and Citibank as an IT consultant.....
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....
With the exponential growth of blockchain, the world is finally witnessing the use cases of cryptocurrency and blockchain technology for social causes and non-profit organizations. There has been a positive movement within the space as several projects have begun donating portions of their revenue to charity. However, there are very few direct connections between blockchain projects and nonprofit organizations that can actually benefit from the transparent technology. As a solution, Baby Santa, a DeFi protocol, is making it possible for investors and organizations alike to donate to....
“Cryptocurrency may be tricky to understand, but the value of a major crypto donation converted into cash is not," said Engiven founder James Lawrence. Engiven, a crypto donation platform that has helped facilitate contributions to the Salvation Army and others, expects religious groups and non-profit organizations will see significant charitable payments in crypto tomorrow for Giving Tuesday.The Tuesday after Thanksgiving is celebrated in the United States as a day when people and organizations come together to donate their time and money towards worthwhile causes — wherever they might be....