The adoption of Cryptography is on the rise, benefiting individuals around the world, as well as projects that aim to do good through Cryptography of liquidity. Nonprofits and others, including digital artists, are leveraging the Blockchain in very creative ways to raise awareness and funds for your causes. As such, the intersection of Cryptography It is donations is helping to boost the online innovation and putting the spotlight on a new arm of trustless finance: Philanthropy decentralized or DePhi (DeFi).

Because the Cryptography It is ideal for donations to the Third sector 

With technology Blockchain At its base, the Cryptography has become a catalyst for innovation because of its many benefits. The attributes that make digital assets great for remittances and e-commerce are the same properties that make them attractive to institutions. Charity and philanthropists who support them:

• Low processing fees Payment
• Efficient, borderless transfers to institutions Charity all around the world
• A high degree of anonymity – an important factor for many donors
• Transparency, which helps track donations

Cryptographic donation traceability is an advantage for those who want to ensure their donors directly benefit a Project or cause, and does not strain the pockets of nonprofit executives or be misspent.

For others, the choice to donate Cryptography It comes down to the tax benefits, which can be especially attractive to those who donate assets that can appreciate in value over time. For still others, crypto donations help raise awareness about digital assets. As Alex Wilson, co-founder of the popular Donation The Giving Block , wrote in Bitcoin Magazine in November : “Imagine hearing about Bitcoin for the first time because your Charity favorite received a bitcoin gift of $ 1 million. This is a very different way of introducing people to Bitcoin.” 

Jason Smythe, co-founder of Wildcards, an institution of Charity Gamified for wildlife conservation that accepts donations from ETH and Dai, says the immutability and the Transparency of Blockchain are the main advantages of your organization. “We were able to create a convenient place for people to donate to wildlife conservation and track their donations to various organizations, without any of our users having to trust us as the platform developers”, he explains. “The process is transparent, open and cannot change in ways that are unpredictable for our users and organizations.” The platform allows people “adopt” animals through the purchase and resale of trading card-like representations of animals. 

Although much of the focus is on institutions of Charity latest technology that uses Blockchain, are the well-established global nonprofits that were among the early adopters of Cryptography and the Blockchain. UNICEF Ventures, the financing arm of the well-known Charity childish, made Investments at an early stage in startups in Blockchain who have been promoting their mission since 2016. UNICEF France added Single Collateral Dai (the precursor to Maker's Multi-Collateral Dai stablecoin ) as a option of Donation in 2018, and in 2019, UNICEF launched its Bottom of Cryptocurrency to manage cryptocurrencies and Investments in open source technologies. 

The numbers don't lie

Although the functionality of Cryptography return to Donation and quick and easy donation acceptance, increased adoption of Cryptography, along with rising market value, means there is more to give away. The expansion of Cryptography was nothing more than a good idea in 2008 for a asset class of almost US $ 2 trillion today has generated new wealth for some and additional discretionary income for others – and nonprofits are benefiting from this new wave.  

Giving Block, which allows nonprofits to easily accept crypto donations, and individuals to make crypto donations just as easily, raised $ 2.1 million in Cryptography only in December 2020. Fidelity Charitable, the Charity from financial services giant Fidelity Investments, raised US$$28 million in cryptocurrency donations in 2020, more than double the amount recorded in 2019.

Many enthusiasts of Cryptography are willing to share their earnings with good causes and, up until this point, Civil society – CSOs everywhere are finding new ways to leverage this money.

How do institutions Charity are aiming to raise funds  

Nonprofits' desire to attract cryptocurrencies is driving new technical solutions and promotion strategies in addition to placing buttons “Donate cryptocurrency” on platforms.

The Giving Block supports about 200 nonprofits, according to Wilson, including large organizations like Save the Children and the American Cancer Society. Users can donate several different cryptocurrencies, including GUSD (a stablecoin created by Gemini) It is Maker's Dai. Organizations that receive donations through the platform can choose to Hodl or immediately convert to Cryptography donated in Fiat to avoid price fluctuation effects. Through the platform, the Cryptography of non-profit fundraising raises an average of US $ 30,000 per year .

Others take a different approach. GiveCrypto was founded in 2018 by Coinbase CEO Brian Armstrong to “raise funds from the first holders of Cryptography and distribute payments to people around the world who are living in poverty or in some type of economic crisis.” The organization, which aims to put cryptocurrencies directly into the hands (or smartphones) of recipients is a good example of a Initiative in Charity which continues to be marketed intelligently. Your new Program Ambassadors recruit people to find people in need of donations in their communities, vet them, and then teach them how to use the Cryptography. With a transparent approach to Charity, O Project currently publishes real-time data about your Program of Venezuelan Ambassadors.

BitGive, a pioneer in crypto-Philanthropy founded in 2013, developed the GiveTrack, a platform that offers institutions Charity the ability to fund specific projects with crypto donations (or credit/debit card). It also offers Transparency by sharing the results of donations from the Project with users in real time. BitGive carried out the De-Phi Crypto for Good Conference in November 2020, an unprecedented event that showcased several initiatives helping to improve the world through Donation in Cryptography.

An imaginative example of attracting donors is provided by rTrees, one Initiative based on Ethereum which allows users to generate returns on Dai held in their wallets MetaMask. Earned tokens are automatically donated to the Trees for the Future, an institution of Charity which aims to end hunger and train farmers in sub-Saharan Africa by planting trees that create and protect nutrient-rich soil. The planted trees are represented in a virtual forest that users can help cultivate with “energetic” donations that accelerate planting and growth.  

Donate Inspired by Art

While the non-profit organizations use apps DeFi In creative ways to attract donors, artists are now creating art as programmable non-fungible tokens (NFTs) to draw attention and donations to the causes they support.   

The artist Micah Johnson created a digital work to benefit two boys facing adversity, Jacque and Rayden. The piece, titled sä-v (ə-) rən-tē , is described in artist's Async.art page as “a symbolic act of sovereignty, an independent artistic solution to an ongoing national conversation about equity, diversity and inclusion.”

The work depicts the boys on one side of a door that is left unsupported in a field. Waiting on the other side of the door is an astronaut, a figure who represents the boys' dreams. Each year, on the boys' respective birthdays, the door opens to reveal their aspirations and Bitcoin wallet addresses to which people can send contributions. Starting this year, people can also donate Dai. When the boys turn 18, they each disappear from the picture and receive their crypto wallets.

Programmed art allows the layering of images in a work. In Johnson's art, the astronaut is the only layer that can be purchased.  

Another example of Donation powered by Blockchain Through Art is provided by cryptoevangelist Mai Fujimoto, known to her fans as Miss Bitcoin. In January, Fujimoto launched a Project of celebrity NFT art for Charity in Partnership with the gaming platform Blockchain Enjin. The aim is to sell tokenized art created by Japanese celebrities to raise funds for Japanese non-profit organization DxP, which offers help to teenagers facing challenges during the coronavirus pandemic. 

Donations with Cryptography

Nonprofit Organizations and individuals are taking advantage of the Cryptography and the DeFi creative ways to develop new funding models for good causes. In this sense, the benefits of DePhi go far beyond Cryptography donated, extending to create a cycle of benevolence through which causes, donors, and the Blockchain they are all winners.

As we can see, a new dawn opens for Fundraising for the Third sector. The organizations of Civil society, they can, anywhere, at any time, with a simple phone connected to the internet and a little creativity, raise funds for their projects, their organizations and their institutions.

The solutions are almost infinite and whoever manages to embark on this wave will be able to benefit from a universe of opportunities, we can say, still untouched in the decentralized funding model, without a centralized regulator, without charging fees, taxes or any type of toll,

So, I understand that the Blockchain, DeFi, decentralized finance, cryptocurrencies and digital donations are the future that awaits and awaits all people, including Organizations of Civil society.

I encourage you to follow this path of no return and be successful in this new fundraising model for your organization.

If you want to talk more about this subject, I am available on my channels.

Content extracted from the website MrkeDao