Charity
How Charities Can Utilize NFTs to Maximize Fundraising
As digital assets continue to grow in popularity, non-fungible tokens (NFTs) have proven themselves as useful to charitable causes for incentivizing donations and creating communities. “The Hash” group discusses how Web 3 can be embraced for philanthropy and addresses the barriers to entry for artists.
Shift4 Buys Crypto Donation Firm The Giving Block for up to $300M
Payment technology provider Shift4 announced its recent acquisition of crypto donation marketplace The Giving Block, paying $54 million upfront with a potential future payment of up to $246 million. “The Hash” discusses the intersection of crypto and charity and how third-party platforms like The Giving Block can streamline crypto donations for users, as well as the utility of decentralized philanthropy as seen in the current conflict between Russia and Ukraine.
People Sending Bitcoin to Aid Ukraine's Military
A bitcoin wallet listed by a charity organization has received more than 19 bitcoins worth around $700,000 to support the Ukraine military against Russian invasion. "Market speculation is a tiny fraction of the promise of bitcoin which ultimately is the ability to have uncensorable money," Naomi Brockwell says, adding that people are starting to see the real value of BTC. "The Hash" hosts dive into the uncertainty around where this money is going, how off-ramping these bitcoin would work and more.
