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Crypto And Charity

Crypto-charity? Unicef Urges Gamers To Mine Ethereum For Syrian Children

Crypto-charity? Unicef Urges Gamers To Mine Ethereum For Syrian Children

Crypto-charity? UNICEF urges gamers to mine Ethereum for Syrian children The United Nations International Childrens Emergency Fund has launched the first ever blockchain fundraising project, urging gamers to turn graphics cards into a humanitarian tool and mine Ethereum to help Syrian children. Over 500 people have already joined the unusual initiative to support Syrian children. UNICEFs Game Chaingers charity project has raised more than 1,500 euros in five days since its launch last Friday. In its promotional video UNICEF appealed to video game fans, who have the largest number of graphics cards. The powerful devices are necessary for cryptocurrency mining, which lies at the heart of the project and distinguishes it from other existing initiatives. Through the use of mining we create an opportunity for those who cannot give or have never had the opportunity to do so, UNICEF said. Game Chaingers uses graphic cards as a humanitarian tool, instead of traditional cash donations. However, donations using a credit card or Paypal are also welcomed. The organization urges everyone to engage in the mining process, using the computing power of their PCs (and graphic cards in particular) to operate transactions of a certain cryptocurrency. They are given tokens as a reward. For its project the non-governmental organization has chosen Ethereum second highest valued cryptocurrency after Bitcoin. Game Chaingers aims to ease the suffering of more than nine million children in Syria. According to UNICEF estimates, more than 13 million people in the war torn nation need vital emergency help. Think your friends would be interested? Share this story! Continue reading >>

Donating Bitcoin To Charity | Fidelity Charitable

Donating Bitcoin To Charity | Fidelity Charitable

How donating bitcoin directly to charity increases the size of your gift Before you sell bitcoin and donate the after-tax proceeds, consider donating your bitcoin directly to charity. This model includes two significant benefits, both for you and the charity: Your tax deduction will be equal to the fair market value of the donated bitcoin (as determined by a qualified appraisal). Your gift to charity will be larger because instead of paying capital gains taxes, the 501(c)(3) charity will receive the full value of your contribution. Theres another upside to donating bitcoin to a public charity with a donor-advised fund program such as Fidelity Charitable: the opportunity to recommend how the contribution is invested and potentially grow it tax-free, ultimately providing greater charitable/philanthropic support. Contributing bitcoin to Fidelity Charitable means your tax deduction and your charitable gift may instantly increase over 20%. Charities are exempt from paying capital gains on the sale of assets, so the full value of your gift stays intact. Consider this example: 1This assumes all realized gains are subject to the maximum federal long-term capital gains tax rate of 20% and the Medicare surtax of 3.8%. This does not take into account state or local taxes, if any. 2Amount of the proposed donation is the fair market value of the appreciated property held more than one year that you are considering donating as determined by a qualified appraisal. 3Assuming a contribution of 100 bitcoin. Alexs tax basis assumed to be $100/bitcoin. If Alex sold 100 bitcoin for $250,000, he would have $240,000 in capital gains and would pay $57,120 in tax. What could this extra funding mean for charity? Depending on the organizations you choose to support, consider this example Support Continue reading >>

Donationcoin - The Cryptocurrency Of Charity

Donationcoin - The Cryptocurrency Of Charity

Traditional ways of donating to charities, sending dollars and cents, leaves a lot of room for uncertainty and much to be desired. Using Donationcoin you can remove a lot of the uncertainties and gain much certainty your donation is being received as you intended. Thanks to blockchain technologies open ledger, you can verify that your donation, and all of your donation, was received by the charity you intended. No more guessing if some "middle-man" charged some "administration fee" and lessen the impact of your good intention. Donationcoin makes the charities balance public. When you make a donation, you will be able to instantly verify your donation is in the hands of who you intended. It does not matter where in the world the charity is, your donation will cost you and the charity next-to-nothing to send and receive. No stamps to buy. No waiting or, even worse, losing in the mail. No credit card information to expose. In fact, none of your personal information is exposed. Therefore, you have zero risk of identity theft, credit theft, or any theft at all! With Donationcoin, your charitable donation is safe and sound. To get started, the first thing you should do is download a Donationcoin wallet, launch it, and allow it to synchronize with the network. Synchronization will take a long time. Many hours to even a day or more over slow Internet connections. Continue reading >>

How Cryptocurrency And Blockchain Are Changing Philanthropy: Expert Take

How Cryptocurrency And Blockchain Are Changing Philanthropy: Expert Take

How Cryptocurrency and Blockchain are Changing Philanthropy: Expert Take Blockchain-based systems help givers and beneficiaries to interact more directly and improve the reputation of charities In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to [email protected] . Much of the growing interest in Bitcoin and other digital currencies has focused on getting and not giving. But flying under the radar is an exciting new trend toward leveraging cryptocurrencies for philanthropy. Over the last few years, a number of charities and foundations have been trialing Bitcoin donations. These include such well-known organizations as the Red Cross, Save the Children, United Way and the Electronic Frontier Foundation. Cryptocurrency donations to charity are clearly on the rise. Fidelity Charitable, which houses the nations largest donor-advised fund, received $69 mln in cryptocurrency donations in 2017, up from $7 mln received in 2015 and 2016 combined. Beyond charity donations are many innovative platforms and projects happening in the emerging crypto-philanthropy space. These include crowdfunding platforms such as BitHope , which allows donors to make Bitcoin donations to selected charities for their fundraising campaigns. Besides, some new tools like GiveTrack and Alice can track the flow of donations from donor to a donee openly, and to verify what charities have received and achieved, all on a Blockchain. Beyond cryptocurrency do Continue reading >>

Unicef Wants You To Mine Cryptocurrency For Charity

Unicef Wants You To Mine Cryptocurrency For Charity

UNICEF wants you to mine cryptocurrency for charity UNICEF has launched a page that lets you donate to its Australian branch without giving any money at all. All you need to do is give away part of your computing power to let it mine cryptocurrency. Over 2,600 people have already donated through what UNICEF calls The Hopepage. Users are able to set what percentage of processing power theyre willing to give the website out of a max of 80 percent. (Be careful not to set the percentage too high.) The longer they stay on the site, the more cryptocurrency theyre helping to mine on UNICEFs behalf. The site says the cryptocurrency will go toward giving children life-saving supplies like safe water, therapeutic food, and vaccines. Once you click Start Donating, a pop-up in the browser appears stating that www.thehopepage.org would like to use your computing power, assuring you that the algorithms work through your browsers sandbox so no downloads are necessary. (It appears that the site may not work on everyones computer.) The notification says its powered by Coinhives Javascript-based mining tool. Thats the same tool used by Salon as an experimental alternative to generating ad revenue, and weirdly by Showtime websites for a brief period of time. The tool mines Monero, an alternative to bitcoin that is said to be more private because it shuffles users identifying information. Although Monero can rarely be used to purchase goods directly, it can be easily turned into fiat currency to buy supplies. The Hopepage shows you the hash rate the speed at which youre mining cryptocurrency in the upper right corner. For me, it said six hashes per second when I gave the site 20 percent of my 2015 MacBook Airs computing power, a tiny but admirable effort. Once youre donating, the page als Continue reading >>

Crypto Mining For Charity: Your Processing Power Could Save The World

Crypto Mining For Charity: Your Processing Power Could Save The World

Crypto Mining for Charity: Your Processing Power Could Save the World Hektor Ehring Jeppesen / Loc Poivet / Emily Cho Want a new way to improve the lives of children across the globe? Just do what youre probably doing right now:browsing the internet. The Australian branch of the United Nations Childrens Fund (UNICEF) just launched The HopePage. Open the site in your browser, and itll use your computers processing power to mine the cryptocurrency monero . Any mined coin is automatically donated to UNICEF Australia, which spends it on clean water, food, and vaccines for vulnerable children. This isnt the first time UNICEF has dabbled in crypto mining to raise funds. In February, the organization launched its Game Chaingers project , which sought to raise funds for children in Syria by targeting computer gamers . Game Chaingers fell short of its fundraising goal, but it also required users to download mining software. The HopePage requires users to do even less, thanks to Coinhives AuthedMine tool . This is a version of the same mining tool that landedCoinhive in hot water back in October because sites were using it without visitors permission, but this tool solves the problem by allowing to opt in. Tony Andres Tang,UNICEF Australias digital engagement and content manager, was sure to make the distinction between The HopePage and these past Coinhive exploits. We are transparent in the fact we are borrowing a computers processing power, and provide the ability to choose how much power is donated, Tang said in an interview withiTnews .The HopePage is entirely user-initiated, and they have the ultimate power to decide whether to participate or not. Other organizations are turning to crypto mining to bankroll their humanitarian efforts. In October, creative developer/designer Continue reading >>

Crypto Charity Fund Is A Global Charity Platform Based On Blockchain Technology

Crypto Charity Fund Is A Global Charity Platform Based On Blockchain Technology

Crowdfunding involves cooperation of millions. We would like to help people to do good and do it together, to pay their social tribute to the world. Nowadays, when the world of cryptocurrency is perceived as either a space shuttle or scam bag or money makers, it is vital to help the cryptoworld establish its identity. Crypto Charity Fund will play a critical role in adopting the cryptoindustry as the new standard. Why do we accept only crypto currency in donations? Right now we are focused on developing the community-management system. Handling jurisdictional questions related to fiat money regulation is out of scope now, but we have it on our roadmap. Charity is an organisation or a person requesting a donation How can a Charity get help from the Fund? Charity registers on CCF website to receive donations. Charity can register themselves or with coordinator's help. When Charity is validated, it requests a donation for specific purposes. CCF Fund transfers tokens to Charity using scoring system. Charity spends tokens independently or using integrated fund's features. Charity must provide a financial report on spent tokens. Reports are moderated and published on the site. Donator is a person or organisation giving a donation by transferring money to the Fund's account How Donators can donate to the Charities? Donators buy tokens on CCF website. They can delegate management of donations to the Fund or choose Charities from the list independently and donate tokens to them directly. Donators can keep tokens and donate them at any time at their discretion. Coordinator carries out the fund assignments, for example, validates volunteers, moderates the reports. Coordinator receives tokens as a reward, which they can keep or spend at their own discretion. Register above to beco Continue reading >>

What Bitcoin And The Blockchain Means For Charities

What Bitcoin And The Blockchain Means For Charities

WHAT DOES BITCOIN AND BLOCKCHAIN TECHNOLOGY MEAN FOR CHARITIES? Bitcoin is an example of cryptocurrency: a new form of digital money not linked to a government or central bank. The technology which makes this possible is the blockchain: a revolutionary new type of ledger for transactions that is owned and maintained by all the users of the system rather than being controlled by a single authority. Cryptocurrency and blockchain technology have some fascinating features that could have a huge impact on charities and charitable giving . In this series of videos based on three discussion papers, we explore what this impact might be. New models of digital 'cryptocurrencies', such as Bitcoin, could present both major opportunities and challenges for charities. In this video we look at some of these opportunities and challenges, such as the potential for radical transparency of donations, the possibility of making it easier to get aid money to where it is needed and the challenge of anonymous cryptocurrency donations. The blockchain is the decentralised, shared public ledger at the heart of Bitcoin and other cryptocurrencies, but it also has far wider applications. This video looks at the role blockchain technology could play in boosting transparency and trust in charities; the impact of new assets becoming available for giving, and the potential for smart contracts that govern philanthropy. This leads to the idea that in the future, smart domestic appliances could become AI philanthropists. In this video we consider whether blockchain technology could be used to transform the way charities are created and regulated. We look at what it might mean for registering and monitoring charities; whether it could open up the possibility of 100% transparent, real-time financial informa Continue reading >>

Making The World A Brighter Place - Wishcoin

Making The World A Brighter Place - Wishcoin

Robert is a serial entrepreneur, currently CEO of The British Property Awards, one of the largest awarding bodies within the UK residential sector, judging thousands of agents each year. Robert has sold a successful estate agency that he personally built and has brokered commerical office space in London for a number of years. Robert co-founded Wishcoin to utilise his business experience within an altrustic marketplace, firmly believing that Wishcoin can revolutionise fundraising, creating stronger corporate links whilst changing the face of cryptocurrency. John has extensive business systems development & management experience. With interest in application development, John adopted CSS, Javascript and SQL early. John is experienced in programming Java, VB, VB.NET and C#, and coding primarily with the PHP language; building corporate management tools for businesses globally. John operates J-D.Design, and has been lead developer on a cutting-edge website management system due for release in 2018. Joleon has had an accomplished career in football, playing professionally for Premiership teams such as Manchester City, West Bromwich Albion and Everton over the past 17 years, including 6 years representing England. Joleons altruistic nature lead him to be pivotal in the creation, structure and progression of Wishcoin. Through both social media, traditional media and his extensive set of contacts, Joleon will continue to be a driving force behind Wishcoin. Howard Lake is a digital fundraising entrepreneur. He has published UK Fundraising (fundraising.co.uk) since 1994, helping charity fundraisers make the most of digital tools. He has worked in fundraising since 1988 for Oxfam GB, Afghanaid and Amnesty International UK. He wrote the world's first book on digital fundraising ( Continue reading >>

The State Of Charitable Giving Withcrypto

The State Of Charitable Giving Withcrypto

Entrepreneur and writer. E-commerce and blockchain, Benja & Chapin Labs. The State of Charitable Giving withCrypto In late March, the public school crowdfunding platform DonorsChoose.org , which allows teachers to crowdfund for classroom projects, received a record $29 million donation from the folks at Ripple one that filled every open crowdfunding request. Ripple isnt the only one thinking about the cross-section of charitable giving and cryptocurrency. As Brian Armstrong of Coinbase wrote , Cryptocurrency has produced a handful of billionaires already Similar to the GivingPledge , many of these early holders will want to engage in philanthropy. It clear: a new group of people are suddenly flush with crypto wealth, and theyre looking for the same opportunities that the fiat wealthy have. Its not just charities from real estate to buying expensive baseball cards , there is a need here. There is progress on the charity front: the Pineapple Fund , started by an anonymous donor who claims to be among the 250 largest holders of bitcoin in the world, has donated more than $55.3 million to 60 charities including The Water Project. But ultimately, its not just about the donors deciding to give and groups providing the system to do so its paramount to get buy-in from the charities themselves. Intiva Token has made such strides, according to their platform overview , reaching an agreement with groups like the National Osteoporosis Foundation to accept crypto token. This is a big deal and we need more activity like this. Accepting crypto may put an administrative or accounting strain on non-profit organizations that are not always among first adopters of technology and are often short-staffed. Not exactly a recipe for adoption. For now, its on the donors to help those charities Continue reading >>

What Bitcoin And The Blockchain Means For Charities

What Bitcoin And The Blockchain Means For Charities

WHAT DOES BITCOIN AND BLOCKCHAIN TECHNOLOGY MEAN FOR CHARITIES? Bitcoin is an example of cryptocurrency: a new form of digital money not linked to a government or central bank. The technology which makes this possible is the blockchain: a revolutionary new type of ledger for transactions that is owned and maintained by all the users of the system rather than being controlled by a single authority. Cryptocurrency and blockchain technology have some fascinating features that could have a huge impact on charities and charitable giving . In this series of videos based on three discussion papers, we explore what this impact might be. New models of digital 'cryptocurrencies', such as Bitcoin, could present both major opportunities and challenges for charities. In this video we look at some of these opportunities and challenges, such as the potential for radical transparency of donations, the possibility of making it easier to get aid money to where it is needed and the challenge of anonymous cryptocurrency donations. The blockchain is the decentralised, shared public ledger at the heart of Bitcoin and other cryptocurrencies, but it also has far wider applications. This video looks at the role blockchain technology could play in boosting transparency and trust in charities; the impact of new assets becoming available for giving, and the potential for smart contracts that govern philanthropy. This leads to the idea that in the future, smart domestic appliances could become AI philanthropists. In this video we consider whether blockchain technology could be used to transform the way charities are created and regulated. We look at what it might mean for registering and monitoring charities; whether it could open up the possibility of 100% transparent, real-time financial informa Continue reading >>

Crypto For Charity: Mine Ethereum To Help Children In Syria

Crypto For Charity: Mine Ethereum To Help Children In Syria

Crypto For Charity: Mine Ethereum To Help Children In Syria News and reviews from the crossroads of PC gaming & consumer hardware Opinions expressed by Forbes Contributors are their own. I've written a lot about the intersection of cryptocurrency mining and PC gaming hardware since coming back to Forbes, but sadly thisstory flew under my radar. I'm glad I stumbled across it because sometimes we need some positivity to combat the collective (albeit well-founded) outrage the PC gaming community is feeling about theoutrageous prices afflicting the graphics card market. Enter " UNICEF Game Chaingers ," a charity effort that leverages Ethereum and theClaymore mining software to raise money for emergency aid and supplies for the 13.5 million people affected by thewar in Syria. You can mine multiple crypto coinswith Claymore, but UNICEF is choosing Ethereumwhich remains one of the moreprofitable crypto coins out there, so it's a good choice. And with a powerful graphics card, you could donate $2 to $3 per day just letting your PC mine to UNICEF's wallet when it's idle. [Ed note: Though this article is not about investing in cryptocoins or tokens, please note that investing in it is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] Claymore is probably a household name if you're an existing miner, but if you've never tried it before I'm pleased to report UNICEF has all but eliminated thesmall learning curve associated with the software. Their sitehas a tool that lets you generate a configuration file based on your operating system and whether you use Nvidia or AMD. It then wraps what would normally be an editable batch file that's used to launch the software into a simple executable that you ins Continue reading >>

Charity Mine | Charity Mine

Charity Mine | Charity Mine

Open a Charity Miner tab and begin generating real money for charity. Create an account to track your donations and stay up-to-date with the Charity Mine community. The Charity Mine platform lets ordinary internet users do extraordinary good. The Charity Mine team saw the need for a new, innovative way to contribute to causes that affect our shared social experience. In todays increasingly complex, time-stretched society, people should have an effortless way to contribute to the betterment of our world. The Charity Mine community is a decentralized network of individuals who donate their unused computing power. The Charity Mine platform uses this donated computing power to mine cryptocurrency, which is then donated to charity. We envisioned a website that allows people to generate real dollars for charity, but doesnt require direct donations from peoples bank accounts. Our platform allows internet users to have a more equal ability to help those in need. It's a one click process. Simply start our Charity Miner and we take care of the rest. Start mining by clicking the, Get Started, button at the top of the website. Hashes are sort of like puzzles. Charity Mine uses some of your computers unused power to solve these puzzles. When hashes get solved, the Charity Mine platform is rewarded in Monero (XMR). Monero is a cryptocurrency which can be traded in for US Dollars. Charity Mine accumulates Monero (XMR), and converts it to US Dollars using a coin exchange service. We then donate the money to the current charity of choice. Direct Relief is a humanitarian aid organization, active in all 50 states and more than 80 countries, with a mission to improve the health and lives of people affected by poverty or emergencies." Direct Relief Charity Mine is now partnering with non-p Continue reading >>

Refugee Charity Turns To Crypto With $1m Donation From Ethereums Founder And Omisego

Refugee Charity Turns To Crypto With $1m Donation From Ethereums Founder And Omisego

Refugee charity turns to crypto with $1M donation from Ethereums founder and OmiseGo The crypto industry is often criticized from the outline for creating wealth that exists only in digital form, is unstable and driven by greed. Thats why a new charity initiative from top figures inside the Ethereum community might make a few non-believers sit up for a moment. GiveDirectly , a charity that provides no-strings-attached grants to the worlds extreme poor, has revealed it has received a $1 million donation from OmiseGo, a fintech startup that held a $25 million ICO last year to develop a decentralized payment network, and Ethereum creator Vitalik Buterin. The donation will go towards a GiveDirectly campaign inUganda aimed at providing more than 12,000 refugee households with a grant to change their life by enabling business growth and other opportunities fueled by investment. An initial pilot project reached4,400 households (covering an estimated 21,500 individuals) with $650 which the recipient can choose to use in any way they wish. GiveDirectly said it is looking to scale significantly over the next year on the back of this new donation and others. GiveDirectly is backed by a range of well-known tech names including Google, eBay founderPierre Omidyar, and Facebook co-founders Dustin Moskovitz and Chris Hughes. The company opened its donation drive to the public in 2013, and since then it has raised over $200 million. Now it is looking to work more closely with the crypto industry, both in terms of high-profile figures and crypto enthusiasts themselves who can take part in the Uganda campaign by donating to the charitys crypto wallet directly. This is a major new chapter for us,entering the humanitarian space with a service to give money directly to refugees, GiveDirectl Continue reading >>

Charitable Giving With Cryptocurrency

Charitable Giving With Cryptocurrency

Co-Founder and CEO at @Coinbase. Building an open financial system for the world. Engineers, try our coding challenge Ive been thinking more about how to accelerate the worlds transition to an open financial system (this is our mission at Coinbase). One way to do this is via a non-profit that distributes small amounts of cryptocurrency to people in developing countries. There is good evidence that unconditional cash transfers are an effective way to help people, and it may help spark economic growth, along with additional usage of cryptocurrency, in those regions. Cryptocurrency has produced a handful of billionaires already, and I suspect it may produce the worlds first trillionaires in the next decade. The Forbes list of wealthiest people is going to be shaken up by early digital currency holders. Similar to the GivingPledge , many of these early holders will want to engage in philanthropy. The Pineapple Fund was a recent example of this, and I think well see more. Most charities dont accept digital currency today, and those that do often sell the digital currency into USD so they can start to utilize it right away. They arent in the speculative investment business. But early crypto holders are long crypto. It would be nice if there was a non-profit which: held it to capture future potential upside used it to help people in need while also accelerating the adoption of digital currency A unique moment to raise a non-profit fund Given the enormous wealth creation from cryptocurrency, and the future potential upside, I believe there is a rare opportunity to create a large non-profit fund. (Note that the following is not investment advice. The value of cryptocurrency could go to zero.) Suspend disbelief for a moment, and imagine the following could happen: A cryptocurren Continue reading >>

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