Additionally, Pledge has implemented a method that enables each crypto transaction to contribute to verified carbon offset projects under the United Nations Climate Neutral Now Initiative.
Pledge, a fundraising platform, has developed “PledgeCrypto,2/51,” which enables non-profits to collect cryptocurrency donations in over 130 different cryptocurrencies, including Bitcoin, Ethereum, and Tether, and then convert them to fiat money.
PledgeCrypto enables NGOs to accept crypto donations in more than 130 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), and then convert them to fiat money.
Ariana Grande, a well-known musician and outspoken campaigner for transgender rights who also founded her own charity, Protect and Defend Trans Youth Fund, has promised to match donations up to $1.5 million. Grande is fundraising for LGBTQ organisations that advocate for and assist transgender youngsters.
According to the statement, PledgeCrypto is a free, fully integrated fiat and cryptocurrency donation platform that facilitates the transfer of funds to certified non-profit organisations. It does not require technical expertise, knowledge of crypto wallets, or evidence of KYC.
According to Pledge CEO James Citron, over 300 million people worldwide now own bitcoin and intend to utilise it to support organisations they care about. Apart from Ariana Grande’s campaign, Pledge Crypto has partnered with the Boys and Girls Clubs of Metro Los Angeles, Big Brothers Big Sisters of Los Angeles, Streetcode Academy, Worthy of Love, Safe Place for Youth, CoachArt, Goodie Nation, and Taraji P Henson’s Boris Lawrence Henson Foundation.
Additionally, Pledge has established a method that enables each cryptocurrency transaction to contribute to verified carbon offset programmes through the United Nations Climate Neutral Now Initiative, thereby mitigating the environmental impact of cryptocurrency mining and transactions.
The year 2021 will be remembered as the year when digital assets reached new all-time highs; nevertheless, it was also the year when crypto charity achieved its greatest triumph to date. predicted in early February, crypto contributions will hit $69.6 million in 2021, up from $4.2 million in 2020. During the same time span, the volume of crypto donations increased by 1,558 percent, or roughly 16 times.
Ukraine’s government officials partnered with cryptocurrency exchanges FTX and Kuna, as well as staking provider Everstake, in March to launch a contribution platform for anyone looking to donate Bitcoin (BTC) and other cryptocurrencies to aid in the war against Russia.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.
