Opinion
Blockchain tech and crypto donations incorporated into the philanthropy sector have a chance of significantly improving the entire industry.
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Donations News
Cryptocurrency donations are gaining more and more popularity over time. As most cryptocurrencies are still in the so-called legal “gray zone” and have no need to be explained to authorities or be subject to taxationation, their use is very suitable for media creators, publishers and different digital communities. There has been a lot of fascinating news about cryptocurrency donations, such as Potcoin funding Dennis Rodman’s trip to North Korea in an attempt to bring peace for Guam, proving it’s safe during the US-North Korea political conflict. The Dogecoin community is also famous for their donations. For example, they were involved in some interesting charity cases, such as raising fifty thousand dollars for the Jamaican Bobsled team to go to the Sochi Winter Olympics in 2014 and thirty thousand dollars to build a well in the Tana river basin in Kenya.
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The gaming giant released blockchain-based Rabbids tokens that will gather funds for UNICEF.
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Various technologies are being deployed to fight the COVID-19 pandemic, can blockchain play an important role in defeating it?
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Cryptocurrency has become one of the easiest ways to donate to charity without the funds being funneled to third parties.
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Telegram CEO Pavel Durov donates 10 BTC to a Russian charity project backed by a local political activist.
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OKCoin donated funding to a Bitcoin payment processor, tallying its second independent developer grant allocation.
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Bitpoint exchange briefed fiscal year losses, Binance donated masks to Japanese nursing homes, and more headlined news from Japan this past week.
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A crypto exchange from Mexico has launched an initiative to gather COVID-19-related donations through cryptocurrencies.
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Peer-to-peer crypto marketplace Paxul is expanding its charitable program to Africa amid the COVID-19 crisis.
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Blockchain-based cloud network Storj has announced a program to provide free storage to organizations researching COVID-19.
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A cryptocurrency fundraising initiative for the Italian Red Cross has tripled its initial campaign goal of roughly $10,000 in less than four weeks.
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The Stellar Development Foundation will match public donations up to a maximum of 1.9 million XLM.
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BABB and CryptoAM launched an initiative to raise funds for vulnerable people living in some London’s districts.
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Ripple will allocate funds to non-profit organizations in favor of fighting the coronavirus pandemic.
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After successfully raising the money for an advanced pre-triage medical post, the Italian Red Cross will continue accepting Bitcoin donations.
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