Charity


Opinion

1 Way to Revive Dead NFT Wallets

Artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits.

cemetary (image by John Thomas on Unsplash, modified by CoinDesk)

Opinion

How Sam Bankman-Fried Mastered the Art of Crypto Marketing

The “most generous billionaire” weaponized altruism to built an almost mythical brand, Web3 marketing expert Tim Haldorsson writes.

Sam Bankman-Fried (MIT Bitcoin Club, Mercatus Center, Cointelegraph/Wikimedia Commons, modified by CoinDesk)

Opinion

Sam Bankman-Fried Demonstrates Ineffective Altruism at Its Worst

The road to hell is paved with good intentions.

(CoinDesk)

Web3

Web3 Charity Teddy DAO is Raising Money Through Daily NFT Auctions

Teaming up with fundraising platform JustGiving, Teddy DAO will hold a daily auction of teddy bear NFTs, allowing the buyer to donate proceeds to a charity of their choosing.

(Teddy DAO)

Web3

From FOMO to JOMO: Web3 Mental Health Collective Peace Inside Live Launches NFT Collection

The collection, which encourages holders to practice the “Joy of Missing Out,” will donate primary sale profits across five mental health organizations in honor of May’s Mental Health Awareness Month.

The JOMO Effect (peaceinside.live)

Learn

Crypto Philanthropy 101: What Donors and Organizations Need to Know

Giving crypto as a charitable donation or setting up a nonprofit to receive crypto isn’t hard, but there are some unique considerations to think about.

(Samuel Regan-Asante/Unsplash)

Policy

UK Charities Offered Guidance for Accepting Crypto Donations

Nonprofits need to weigh the risk of volatility and hacks, and follow money laundering norms, the Charity Commission said.

(Katt Yukawa/Unsplash)

Opinion

Nervous About Crypto Taxes? Donate Your Profitable Holdings Instead

Crypto traders can avoid paying capital gains taxes by reaping the benefits of one of the most generous deductions in the tax code.

(Yunha Lee/CoinDesk)

Opinion

Why Not Donate Dead NFT Wallets?

Inaccessible cryptocurrencies presumably have taxable value, meaning they can be donated to a museum, conceptual artist and lawyer Brian Frye writes.

Robert Rauschenberg, creator of “Canyon” (Nijs, Jac. de/Fotocollectie Anefo/Nationaal Archief, modified by CoinDesk)

Opinion

Sam Bankman-Fried’s Altruism Wasn’t Very Effective

The FTX founder's obsessive emphasis on charity is a troubling example of "impact washing," Lucía Gallardo, founder of regenerative finance project Emerge, writes.

Sam Bankman-Fried in June/December 2022 (Craig Barritt/Joe Raedle/Getty Images)