Charity news-Page 10
‘Miss Bitcoin’ launches celebrity NFT art charity project
Early crypto evangelist, Mai Fujimoto, a.k.a. Miss Bitcoin, has partnered with blockchain gaming ecosystem Enjin to launch Japan’s first nonfungible token, or NFT, charity project. According to a Jan. 18 blog post, the project’s first initiative will be the sale of tokenized artwork by Japanese celebrities to benefit DxP, a non-profit that supports teenagers facing challenges during the COVID-19 pandemic. Fujimoto believes that the project embodies the Japanese concept of “Sanpo Yoshi”, or three-way satisfaction. This describes transactions that are good for the seller, good for the buyer and good for society: “When fans purchase NFTs drawn by artists and …
Blockchain / Jan. 18, 2021
What lies ahead for crypto and blockchain in 2021? Experts answer
It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold. Meanwhile, I am certain that humanity has much to learn from its past transgressions, and will move forward by correcting our mistakes and weaknesses. That’s what we always do. Undoubtedly, the major driver of our development this year was the COVID-19 outbreak. The effects of the ongoing global pandemic on every aspect of our lives will form our future, and there are some tendencies we started last year …
Adoption / Jan. 4, 2021
2020 has provided the incentive to rethink our approach to money
2020 has been a year of upheaval throughout the world. Overshadowed by the COVID-19 pandemic, the events of this year brought forth new challenges no one was prepared for, upending the way we live, work, and transact. Early this year, global financial markets took a severe hit as stocks, commodities and even cryptocurrency prices fell. Against the backdrop of economic uncertainty and the declining value of the U.S. dollar, crypto assets are moving higher up the radar screens of commercial banks, hedge funds and other institutional investors. As we approach the end of a tumultuous year, it would be timely …
Technology / Dec. 30, 2020
'Christmas magic,' says Chainlink user who received $11K in donations for $50K mistake
A crypto user who lost roughly $50,000 from a smart contract mistake before the holidays is thanking the crypto community for donating $11,000 to help recover the loss. Earlier this month, Github user dawidkabani13 said he had accidentally sent 4,005 Chainlink (LINK) — worth roughly $47,000 at the time — to an immutable Aavegotchi (GHST) smart contract on the Ethereum blockchain. He immediately realized that it did not support operations for the token and reached out to the crypto community asking for any and all help to recover his "life savings." The crypto user offered a 1,000 LINK reward and …
Business / Dec. 29, 2020
Portnoy’s small business relief fund now accepting Bitcoin, crypto donations
Barstool Media’s Dave Portnoy is accepting Bitcoin (BTC) and cryptocurrency donations for his small-business relief fund. Less than 24 hours after integration, the crypto community has responded with incredible generosity. The Barstool Fund launched last week to raise money for small businesses impacted by the Covid-19 pandemic. At the time of writing, the Fund had raised nearly $5.3 million to help 14 businesses. More than 53,000 donors have contributed. For tax reasons, the campaign is scheduled to run until the end of the year. A huge chunk of those donations came from the cryptocurrency community after Morgan Creek Digital set …
Business / Dec. 25, 2020
The Giving Block and Cointelegraph to host first ‘Crypto’s Biggest Brain’ trivia contest
Want to flex your crypto brain power while supporting charities over the holiday season? The Giving Block and Cointelegraph will host the first Crypto’s Biggest Brain trivia tournament on Friday, December 18 at 7pm ET. The tournament brings together key stakeholders in the cryptocurrency ecosystem while raising awareness and donations for crypto-friendly nonprofits. The tournament will also be sponsored by some of the biggest names in crypto, with Gemini, Ledger and more participating in the event. They’re teaming up with The Giving Block and Cointelegraph to spread the word about how you can contribute to crypto-friendly charities. Trivia game participants …
Business / Dec. 15, 2020
The ‘12 Days of Zombie Christmas’ to auction NFT holiday horrors for charity
Darren Kleine, known to most by his handle DKleine, is an NFT artist with a decidedly specific niche — Zombies. We’re talking crypto zombies, political zombies, mustachioed Salvador Dali zombies. Zombies of all shapes, sizes, and orientations! If it’s green, dismembered, and loves the savory taste of a good brain, it’s ripe for tokenization (and charity) so far as Mr. Kleine is concerned. What started as a quasi-political statement just a few short months ago (his first zombie NFT was a decaying Donald Trump, still running for president in 2040) has now blossomed into a fully matured signature aesthetic. And …
Artists / Dec. 12, 2020
Project gives away 14M tokens in digital universal basic income experiment
A nonprofit initiative that leverages decentralized finance as a means to offer a digital income for its users has announced that people have now claimed more than 14 million of its tokens. According to a Wednesday announcement, the universal basic income, or UBI, project from GoodDollar has reached more than 40,000 people from 180 countries since it launched in September. The project reported that more than half of the participants were claiming its reserve-based token, G$, every day. 14 million tokens have been claimed so far. The project mints its G$ tokens through interest generated by third-party permissionless protocols from …
Business / Dec. 2, 2020
Dwight, not Wright: 'I am Satoshi Nakamoto,' says beet farming #BitcoinTuesday star
The search for Satoshi Nakamoto may be nearing its end as Rainn Wilson, best known as Dwight Schrute from the U.S. version of the TV series The Office, has stepped up to the role as part of Bitcoin Tuesday. In a YouTube video posted as part of the crypto-based charity event, Wilson claimed to be the legendary and elusive inventor to encourage viewers to make “Bitcoin and other cryptocurrency” donations to the Mona Foundation, an organization that supports schools and programs in economically disadvantaged communities, with a specific focus on women and girls. As part of Bitcoin Tuesday, The Giving …
Business / Dec. 1, 2020
Bitcoin Tuesday aims to raise $1M for good causes today
Bitcoin Tuesday, a crypto-based charity event hosted by The Giving Block, is looking to raise at least $1 million in donations today and over the rest of the month of December. The fundraising target makes Bitcoin Tuesday one of the largest crypto-based charity events ever. The Giving Block has secured partnerships with over 120 nonprofits and 30 blockchain companies to spearhead the charity drive. Some of the biggest names in crypto will participate, including: Gemini Ledger Blockfolio Maker Celsius Network Flexa 0x Along with many other blockchain companies, they are stepping up to help charities collect Bitcoin (BTC) and other …
Business / Dec. 1, 2020
Philanthropy: A missing catalyst of blockchain adoption
When most people imagine the problems solved and industries disrupted by blockchain technology, the typical use cases come to mind: global currency, store of value and even a way to track goods on an immutable ledger. A good starting point in understanding what drives the adoption of new technology is to take a deeper look at human psychology and understand what motivates the average person to participate in the cryptocurrency space. As of now, the lion’s share of users who participate in the space do so in the pursuit of riches, not dissimilar to that in the days of the …
Technology / Nov. 29, 2020
‘Bitcoin Tuesday’ to become one of the largest-ever crypto donation events
Bitcoin Tuesday, scheduled for Dec. 1, aims to become one of the largest cryptocurrency fundraisers in history. The Giving Block, a crypto donations company, has secured partnerships with over 120 nonprofits and 30 blockchain companies to spearhead Bitcoin Tuesday — a one-day event that promotes charitable giving via cryptocurrency. Some of the biggest names in crypto will participate in the event, including Cointelegraph, Gemini, Ledger and Blockfolio. Along with dozens of other blockchain companies, they are stepping up to help over 100 charities collect Bitcoin (BTC) and other cryptocurrency donations before the holidays. Bitcoin Tuesday will feature several trivia fundraising …
Adoption / Nov. 25, 2020