Credits: Bitcoinist
United Nations Internation Children Emergency Fund (UNICEF) France division has started accepting donations in cryptocurrencies, after the successful execution of raising funds through Ethereum mining. The campaign was known as the “GameChaingers” and was launched in Feb 2018.
GameChaingers, a UNICEF France initiative, asked the gaming community of the world to mine Ethereum using their graphics cards to help the children of Syria. The campaign was a success, with 85 ETH being mined in 59 days, with 1 ETH having a value of $750.
With the success of GameChaingers, UNICEF France is making another move into cryptocurrency space, by accepting cryptocurrency donations. Currently, UNICEF will accept 9 cryptocurrencies, which includes, Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dash, Monero, EOS and Stellar.
According to Sébastien Lyon, Executive Director of UNICEF France,
” Cryptocurrencies and blockchain technology for charitable purposes offer a new opportunity to appeal to the generosity of the public and continue to develop our actions with children in our country of intervention. It is an innovation in terms of solidarity and fundraising that we are still few to propose, but which tends to become more democratic. “
The ease of use of cryptocurrencies for international payments has made cryptocurrencies a good choice for donations, especially where proper financial establishments are not functioning. Reddit user “Window7733” was able to raise thousands of dollars from the Nano community to help is people in Venezuela and The Ocean Cleanup project started accepting cryptocurrency donations.
In the recent times, people living in a war-torn region of Gaza are using Bitcoins to pay for their daily meals, and many NGO and humanitarian aids are sending Bitcoins to help them.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Circle of Games (COG)—Web3's multi-gaming platform has raised a $1mn round from Nazara, with participation…
Unconference Bali 2024, Asia’s premier Web3 event, is poised to take center stage against the…
Tradeleaf, a leading FinTech company empowering global trade through digital solutions, recently celebrated a significant…
Foundership Global Accelerator, a prominent force in the Web3 & Emerging-Tech Community boasting over 10,000…
April 16, 2024 - Condo, the world's first real-world asset (RWA) meme token, was recently…
The Partisia Blockchain Foundation, at the forefront of crafting privacy-enhancing and interoperable blockchain platforms, today…