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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.



This picture show a bunch of crypto coins.

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)

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Philip Gregg is a tech biz writer, with a keen understanding of blockchain technology, Internet of Things, and cloud services. He also serves as chief consultant for an IT business in Washington and a cryptowallet startup in Tokyo. Philip holds an MBA in finance and has previously worked at a Silicon Valley company before striking out on his own. He is a dad to three German Shepherds and owns a sweet vintage Mustang he fondly calls Sadie.