Crypto donations expose charities to a “new demographic of funders” that they can’t afford to miss out on.
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Crypto donations expose charities to a “new demographic of funders” that they can’t afford to miss out on.
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The popularity of NFTs drives fundraising experiments for UNICEF’s Giga initiative to connect more schools around the world to the internet.
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The United Nations Children’s Fund (Unicef) has announced its largest cryptocurrency investment funding of startups. Eight companies in seven countries will use Unicef’s crypto fund to develop prototypes, pilot, or scale their technologies. Several of them are working on mitigating the hardships resulting from the covid-19 pandemic. Unicef Announces Largest Crypto Investment Unicef Cryptocurrency Fund […]
The post Unicef Funding Startups With Cryptocurrency for Covid-19 Relief appeared first on Bitcoin News.
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UNICEF is a globally recognized nonprofit organization. It too decided to jump on the crypto donation bandwagon, courtesy of The Giving Block. More and more nonprofits see merit in accepting bitcoin donations. UNICEF Sets the Right Example That decision is straightforward, as it is one of a handful of global currencies. More importantly, the cryptocurrency community is widely considered to be a generous one where good causes are concerned. In the case of UNICEF, their acceptance of bitcoin donations began some time ago. An important change was made in recent months, however. As of October 2019, UNICEF confirmed it will
The post When Will Other Nonprofits Begin to Keep Bitcoin Donations Like UNICEF? appeared first on The Merkle Hash.
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Numerous organizations around the globe can benefit from various cryptocurrencies. UNICEF is one of those organizations, and it seems they are taking it to the next level. The UN Children’s agency now accepts, holds, and distributes donations of cryptocurrencies through the UNICEF Cryptocurrency Fund. UNICEF and Cryptocurrency It is rather surprising to see UNICEF bank so big on cryptocurrencies in this day and age. By actively launching the Cryptocurrency Fund, an important first step is taken in this regard. The goal is to use cryptocurrencies to fund open source technology projects. All contributions made in cryptocurrencies will be held in
The post UNICEF Will not Convert Bitcoin and Ethereum Donations to Fiat Currency appeared first on The Merkle Hash.
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Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide. Also read: RBI Ban Stops Indian Police From Cashing Out Seized Crypto […]
The post United Nations Agency Unicef Launches Cryptocurrency Fund appeared first on Bitcoin News.
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UNICEF states that it became the first U.N. organization to hold and make transactions in cryptocurrency
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