chew, an up-and-coming DeFi The project which gives investors a portion of their earnings back to charitable causes has officially partnered with The Giving Block – a move that could give a significant boost to the fast-growing crypto donation industry.
The new agreement connects The Giving Block’s growing community of crypto-ready nonprofits to the platform network, which allows users to easily donate to causes they care about. The partnership will enable new nonprofits to accept platform donations directly, as well as create a profile on The Giving Block’s fundraising platform.
As Cointelegraph reported in early May, Platform for Developing Countries Raises Over $1 Million Givewell is represented by the Maximum Impact Fund, which is dedicated to combating malaria and other diseases in Africa. According to Alex Wilson, co-founder of The Giving Block, the platform has now raised about $3 million in two months. “Not only will this support amazing causes and provide major impact, but it will also continue to expose new audiences to cryptocurrencies,” he said.
Platform CEO Rodrigo Silva also commented about the new partnership:
“This partnership gives us the access to offer our community more causes they care about. With our future growth, it is set to do a lot of good for a lot of people.”
crypto-focused charity continues to grow in popularity, as evidenced by Endowment. over $2 million in funding for, a new charitable organization that aims to eventually function as a decentralized autonomous organization or DAO.
For The Giving Block, the organization has accelerated efforts in the crypto donation industry, such as helping nonprofits. American Cancer Society And others start accepting contributions in bitcoin (B T c), ether (ETH) and other digital assets. Back in April, The Giving Block Crypto Giving Pledge Launched To encourage more cryptocurrency investors to donate.