Crowdfunding
Several organizations accept donations in cryptocurrencies to fight the pandemic
As a consequence of the situation caused by the coronavirus pandemic in the world, interesting events related to Bitcoin and cryptocurrencies have been generated. The initiatives include everything from the creation of a token called coronacoin to offering rewards to miners for lending computing power to fight the disease. Several foundations are accepting donations to help fight the pandemic.
Over the years, Bitcoin has become an effective way to donate to those who need it most. Some non-profit organizations trying to fight the coronavirus are adapting to the increasing use of Bitcoin and cryptocurrencies to fund their activities.
Download our companion app Born2Invest and find out the latest happenings in the crypto sector, as well as the most important financial headlines.
A fundraising project to support the Red Cross in Italy has started on Helperbit
Helperbit is a platform that aims to provide support in the event of a natural disaster and allows users to donate safely. The platform accepts Bitcoin, as well as other cryptocurrencies. Based on what it describes on the Helperbit homepage, it is not necessary to create an account to make a donation. The platform promises that the blockchain technology it uses allows donations to be made transparently.
Among the projects that are part of Helperbit is a fundraising project to support Red Cross efforts in Italy, with a plan that has already received about 3,1868 BTC.
Gitcoin aims to raise $100,000 to support medical research
Gitcoin is a crowdfunding platform based on Ethereum. It aims to help blockchain projects that need funding and allows anyone to fund independent developers’ projects. On March 13th, Gitcoin announced that its next round of funding will include a category focused on public health.
Currently, the platform is seeking to raise at least about $100,000 in funding to support medical research. Of this amount, Gitcoin is contributing about $50,000 to be spent on various projects related to the investigation and eradication of the coronavirus.
Gitcoin will make further rounds of funding for Ethereum projects that are part of the efforts to combat the coronavirus in different parts of the world. Donations can be made using ethers or ERC-20 tokens.
Blocking will partner with Gitcoin to fight the coronavirus pandemic
Giving Block is a platform founded in 2018 that allows registered users on its page to raise funds in cryptocurrency for non-profit projects. Blocking recently announced in a tweet that it will partner with Gitcoin to fight the coronavirus pandemic.
Anyone who donates money via the donation block can also take advantage of some of the fundraising rounds where the platform accepts donations via BTC, LTC, and ZEC. In addition to receiving donations, the platform organizers encourage users to share the hashtag # cryptoCOVID19 in an effort to reach more people who are able to donate to the cause.
Unicef is helping children in areas affected by COVID-19
The renowned United Nations non-profit organization has been accepting donations in cryptocurrency since 2019, through the UNICEF Cryptocurrency Fund. Given the global coronavirus situation, Unicef is focusing its efforts on helping children in different parts of the world affected by the pandemic. For COVID-19, the NGO is currently providing support through the delivery of masks and other necessary supplies. Also, on its homepage, Unicef offers important information on how to avoid contagion.
Fidelity Charitable accepts a wide range of cryptocurrencies
Fidelity Charitable is an institution that connects with philanthropists and charitable foundations around the world. One aspect to consider when making donations on this platform is that you need to create an account and then make a minimum investment of $5,000. The platform accepts a wide range of cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple XRP.
The organization continues to work closely with the Center for Disaster Philanthropy (CDP or Disaster Center Philanthropy) to find out which organizations and businesses are helping the American people who need it most.
__
(Featured image by WorldSpectrum via Pixabay)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in BREAKINGNEWS, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
-
Crypto2 weeks ago
Robinhood’s Vlad Tenev Drops RWA Bombshell. Oxbridge Re Could 100x by Next Year
-
Crowdfunding4 days ago
Foreign Investments in Italian Real Estate Are Growing and Crowdfunding is Carving Out a Role for Itself
-
Fintech1 week ago
FINRA Slowly Opens Up to Cryptocurrencies Despite Resistance from Major Banks
-
Crowdfunding2 days ago
Macelleria Zivieri Raises Over 4 Million with Equity Crowdfunding on Mamacrowd