Ethereum-Powered Fundraising Platform Launches Groundbreaking Initiative to Spark Social Change With Crypto
A crypto fundraising drive is underway. Fourteen organizations are partnering with a platform that supports entrepreneurs and nonprofits who are working on behalf of social causes – from clearing 250,000 marijuana convictions by 2019 to protecting against web censorship and policies that threaten internet privacy.
Ethereum co-founder Vitalik Buterin, MIT Digital Currency Initiative senior advisor Michael Casey, BitGo chief technology officer Benedict Cha, and Cornell University professor and IC3 co-director Emin Gün Sirer lend their support as advisors to WeTrust, a decentralized platform for financial products designed to reach billions of unbanked people around the world.
Built on the Ethereum blockchain, WeTrust was co-founded by ex-Googler George Li in 2016 with a focus on financial inclusion. The San Francisco-based startup launched its fundraising initiative, WeTrust Spring, to create a seamless connection for crypto adopters, investors and hodlers who want to reach nonprofits – with their crypto.
ETH is the initial donation option for the platform with other accepted cryptos planned for the future.
WeTrust Spring will now match 100% of ETH donations, up to $100k, from anyone who makes a contribution to the following organizations – with the donation-matching campaign running through November 27.
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African Advocacy Network
To provide every African and Afro-Caribbean expat with the dignity and legal protection they deserve while easing the many cultural and legal obstacles faced by this immigrant community
Bridge Global Foundation
To provide greater occupational opportunities for students who live in underdeveloped areas globally
Cavalier Rescue
To provide loving families for Cavaliers who are in need of new homes
Code for America
Using tech and design talent to make government work in the digital age for people who need it the most
Cultural Heritage Imaging
Providing tools, technology and training to empower people all over the world to document their cultural heritage
Equity in Access
To scale high quality college admissions counseling to students in underserved communities
Fight for the Future
Working to expand the internet’s power for good by empowering people to demand technology (and policy) that serves their interests
Lava Mae
To rekindle dignity and hope for people experiencing homelessness through our Mobile Hygiene Service, Pop-Up Care Villages and buildIt toolkit
Learning Equality
Enabling every person in the world to realize their right to a quality education, by supporting the creation, adaptation and distribution of open educational resources, and creating supportive tools for innovative pedagogy
Open Library
To create “one web page for every book ever published”.
Rainforest Trust
To help stop habitat loss before it begins
Surgeons of Hope
To create a world in which every infant and child with a damaged heart has an equal opportunity to receive life-saving surgery
Ubuntu Foundation
To create “inch wide, mile deep” social impact for mothers and children in Kenya
VietSeeds Foundation
Providing scholarships, mentoring and support networks to help Vietnamese high school graduates achieve their greatest potential through a college degree
Michael Karpeles, the lead maintainer of Open Library, the world’s largest online, open-source, nonprofit digital public library, says,
“Open Library is all about exploring how we can make the Library work for the people. We see ETH donations as an opportunity to improve inclusivity and democratize our bookshelves.”
Organizations that are interested in joining the platform can apply here.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any losses you may incur are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.
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