Developers from Polkadot and VeChain have put an additional $13M on the table as well.
Where do crypto donations go? Here are six charities that have benefited, as told by The Giving Block
“As a smaller organization with a smaller team, we saw how crypto could level the playing field and provide massive fundraising success,” said giving associate Alexa Castellano at Trees for the Future.
American Cancer Society Launches $1M Cryptocurrency Fund
The first cryptocurrency donor to contribute $250,000 or over will have the opportunity to choose a name for the fund
Crypto Version of ‘Giving Tuesday’ Returns With 10X as Many Charities
While only 12 non-profits had signed up for the event last year, crypto donations platform The Giving Block said that over 120 such organizations will be taking part in this year.
Children’s Heart Charity Receives $48K in Crypto Donations
The Children’s Heart Unit Fund which supports children with cardiac ailments, received the crypto donations using The Giving Block platform.
Chinese Ministry Eyes Blockchain Tech to Boost Trust in Charity Sector
China’s Ministry of Civil Affairs is planning a blockchain upgrade of the country’s charity tracking system to bring more transparency to donations.
UK Charity Taps Blockchain Platform to Boost Trust in Donations
British charity English Heritage has joined the Giftcoin platform, which tokenizes donations for the purpose of traceability.