Six Cryptocurrency-Friendly Nonprofit Philanthropy Projects To Accept Bitcoin Donations
6 Nonprofit Projects That Have Gone Crypto
Bitcoin and other cryptocurrencies have started attracting a lot of attention in the last few years. In fact, they became popular enough for numerous online traders and services to start accepting them as a payment method. Many others see crypto as a way of getting rich by exploiting market trends and investing in carefully researched projects.
While cryptos can be used in such a way by those who are very careful and lucky, many are forgetting that there are other ways to utilize digital coins and bring a positive change in the world. One such way is to donate digital coins to charity, which is a topic recently explored by news.bitcoin.com. According to their research, there are several philanthropic projects that have decided to go crypto.
And, since cryptocurrencies managed to generate quite a lot of wealth, the decision to share some of it with those in need might be the right thing to do. In order to make it easier for kind-hearted investors to donate, the following six projects can accept aid money, even if it comes in the form of a cryptocurrency.
Givecrypto.org was introduced by Brian Armstrong, the CEO of the largest US crypto exchange, Coinbase. The charity has received a lot of attention since its launch, and it distributes the gathered funds to those living in poverty. Armstrong himself stated that he is a firm believer in cryptocurrency's power to help and that the goal of his charity organization is to educate, empower, and improve the conditions for global communities.
2) The Bitcoin Cash Association Initiative
A new initiative launched by The Bitcoin Cash Association sends around $1,000 in BCH per month to two campaigns dedicated to feeding the hungry in troubled countries. One of the Eatbch campaigns is in South Sudan, while the other one is in Venezuela, and they help those in need by purchasing food via BCH.
While Venezuela is facing significant difficulties due to hyperinflation, the situation is likely even more difficult in South Sudan, as the region suffers its own economic turmoil. As a result, the lack of nourishment is one of their biggest problems right now. By using BCH donations, the campaigns can help these struggling regions, and help satisfy their citizens' basic needs.
3. The Water Project
Sub-Saharan Africa is a region that suffers greatly due to the lack of clean, safe water. This is why The Water Project has been established, with the goal of providing a reliable source of clean water to those in need. The charity can accept a donation in Bitcoin Cash, Bitcoin Core, Litecoin, or Ethereum.
Another important aspect of this charity is that it recognizes and puts to use transparency behind cryptocurrency donations. They have designed an application that allows any donor to track the funds they provided, and see how are they being used. The app users can also see the total amount of donated crypto, as well as how the coins help those in need.
4. The Red Cross
The Red Cross is already a well-known non-profit organization that is focused on helping people around the world. The group has already had countless projects involving blood donations and being among the first whenever there is some kind of a disaster. Furthermore, their first responders are trained always to be prepared for different kinds of emergencies, so that they can assess the situation and start helping right away.
Another thing that the organization is praised for is their willingness to start accepting donations in cryptocurrency. So far, they have started accepting Bitcoin and Bitcoin Cash payments, with details on how to donate being listed on this Bitpay page.
5) Save The Children
While there is no lack of adults around the world who are in need of help, there is also a lot of children who are much more vulnerable due to young age. The organization called Save the Children is one of the groups dedicated to giving aid to children in need. Their main focus is providing as many children as possible with education and healthcare.
The group has been working in Africa, Eurasia, the Middle East, Latin America, Asia, the US, and the Caribbean. Just like the Red Cross, Save the Children also accepts donations in Bitcoin and Bitcoin Cash.
While on the topic of healthcare, another noteworthy organization with a focus on this aspect is Watsi. Watsi is creating new technologies that can help with financing healthcare through crowdfunding, with the donations being used to cover the costs of necessary surgeries. The funds are also used for providing community-based health coverage. Those wishing to donate funds also have the option to meet those in need online and choose which patient they wish to donate to.
Of course, there are many more similar organizations that are trying to make the world a better place. With the trend of crypto-adoption becoming ever stronger, it is possible that more of them will choose to open their doors to crypto and use digital currency donations to aid their cause.