UNICEF France Division has Started Accepting Donations in Cryptocurrencies
The France’s division of United Nations International Children Emergency Fund has now begun accepting cryptocurrency donations following a successful campaign dubbed ‘GameChaingers”, which was meant to raise funds through Ethereum mining.
GameChaingers A Success
The UNICEF France Initiative, GameChaingers, asked the gaming community across the world to mine Ethereum with the use of graphic cards to help Syrian children. According to the organization, the campaign was successful as 85ETH was mined in 59 days, with 1 ETH estimated to be valued at $750.
With the success of the initiative, UNICEF France will be making another move into the crypt space by allowing people to make donations in cryptocurrencies. As of this writing, it will accept 9 cryptocurrencies, including Stellar, EOS, Monero, Dash, Bitcoin Cash, Ripple, Litecoin, Ethereum, and Bitcoin.
According to the Executive Director of UNICEF France, Sebastien Lyon:
“Cryptocurrencies and blockchain technology for charitable purposes offer a new opportunity to appeal to the generosity of the public and continue to develop our actions with children in our country of intervention. It is an innovation in terms of solidarity and fundraising that we are still few to propose, but which tends to become more democratic.”
Rising Cases of Cryptocurrency Donations
UNICEF France support of cryptocurrency donations is just one of the many cases of major companies and organizations accepting donations in crypto. These ease of use of the digital assets when it comes to international payments has made them a great choice for donations.
For instance, a Reddit user, “Window7733” engaged the Nano community and raised thousands of dollars to help his people in Venezuela.
In these recent times, many people the worn-torn region of Gaza are using Bitcoin payments for their daily meals, with many humanitarian and NGOs sending Bitcoins to help them.