Pledge, a fundraising platform, created “PledgeCrypto,2/51,” which allows nonprofits to accept crypto donations in more than 130 cryptocurrencies, including Bitcoin, Ethereum, and Tether, and then convert them into fiat money.
Fundraising platform Pledge launched PledgeCrypto to enable nonprofit organizations to accept crypto donations in more than 130 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) and then convert them into fiat. to convert money.
Famed music artist and prominent transgender rights advocate Ariana Grande, who is also the founder of her own charity Protect and Defend Trans Youth Fund, has offered to match donations of up to $1.5 million. Grande raises money for LGBTQ organizations that advocate for and provide direct services to transgender youth.
The announcement states that PledgeCrypto is a free, fully integrated fiat and cryptocurrency donation platform that delivers donations to verified nonprofits. It requires no technical knowledge, crypto wallet expertise or KYC documentation.
James Citron, CEO of Pledge, says that approximately 300 million people worldwide currently own cryptocurrencies and intend to fund causes close to their hearts. In addition to Ariana Grande’s campaign, Pledge Crypto’s other charity partners include The Boys and Girls Club of Metro Los Angeles, Big Brothers and Big Sisters LA, Streetcode Academy, Worthy of Love, Safe Place for Youth, CoachArt, Goodie Nation and Taraji P .Henson’s Boris Lawrence Henson Foundation.
Pledge has also implemented a mechanism that allows every crypto transaction to contribute to verified carbon offset initiatives via the United Nations Climate Neutral Now Initiative to offset the environmental impact of cryptocurrency mining and transactions.
2021 will be remembered as the year of new all-time highs for digital assets; However, it was also the most successful year for crypto philanthropy to date. As Cointelegraph reported in early February, total crypto donations in 2021 totaled $69.6 million, up from $4.2 million in 2020. Over the same period, crypto donation volume increased by 1,558%, or about that 16x.
Related: Tracked crypto donations to Ukraine surge to $108 million as Kraken, Bored Ape joins in
In March, government officials of Ukraine partnered with cryptocurrency exchanges FTX and Kuna and staking provider Everstake to create a donation platform for individuals looking to donate Bitcoin (BTC) and other cryptocurrencies to support the war against Russia.
https://cointelegraph.com/news/ariana-grande-s-fundraiser-for-trans-visibility-adds-crypto-option Ariana Grande’s Trans Visibility Fundraiser Adds Crypto Option