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    QONEQT in Crypto News

    15-Nov-2022 07:33 AM


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    Charities risk losing a generation of donors if they don’t accept crypto

    Charities accepting crypto donations are setting themselves up for an entirely new demographic of funders — who just so happen to be one of the most giving, according to charity organizations.
    The top charity organizations in the world by funds received including United Way Worldwide, Feeding America, and UNICEF.
    All three of them accept cryptocurrencies as a means of donation.
    The Giving Block co-founder said the crypto community has been great with the “philanthropic use” of cryptocurrency, and those crypto donors are also some of the “most generous” — with the average gift being over $10,000.
    She also noted that the technology will also give them access to a “new demographic of funders.”
    UNICEF’s Whitnall said its current focus with blockchain technology is improving its efficiency in distributing resources globally, as well as making its internal operations more efficient and transparent to the wider community.

    Source - Coin Telegraph

    #crypto #cryptocurrency