Where do crypto donations go? Here are six charities that have benefited, as told by The Giving Block -Breaking
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As of recent, donations and charities have become a hot topic within the cryptocurrency world. It’s more than a simple act of charity. Donating crypto to charities registered in the United States is a generous way for the revenue authority of a country like the United States to provide tax deductions. The Giving Block provides crypto-fundraising services to over 1,000 non-profits.
What does it take to make investors’ money work for good? The Giving Block provided a number of case studies to Cointelegraph that showed how six charities benefitted from the increase in overall donations on their platform by more than 1,000% over the previous year. This was all in 2021. Tammy Tibbetts (co-founder, CEO, and chief executive officer of She’s the First), a charity that promotes equality in gender through education, shared her story.
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