Behind every successful cryptocurrency is a philanthropic core that endeavors to pay forward whenever possible.
Beyond ingenious strategies to be at par with market trends or quell economic conditions, financial speculation, and market volatility, Ethereum and USD Coin have proved to care about the society and environment, as well.
While Signuptoken.com is yet to launch, it sure has garnered significant traction, already securing community support for the future. With such passionate supporters behind all three cryptos, it’s no surprise that the philanthropic side of the blockchain continues to grow strongly.
Giving Block’s Philanthropy Data
According to a recent report by Cointelegraph and Binance, The Giving Block platform saw a remarkable surge in crypto donations, reaching its all-time high of $125 million in 2022.
Additionally, the Giving Block has predicted that donations could exceed $5 billion by the end of Q2, 2031. By November 2032, projections say it will hit the $10 billion mark.
Additionally, the report includes The Giving Block’s forecast of Bitcoin’s price trajectory. They expected BTC to reach $100,000 by 2026 (Q3) and $250,000 by October 2029.
USD Coins and Ethereum — Crypto Donation Heroes
Furthermore, the report shed light on the most commonly used cryptocurrencies for donations and the biggest crypto donation received. USD Coin led the pack with 44% of donation volume, immediately followed by Ether at 24%.
Six charitable organizations that benefited from these large crypto donations, including Orangutan Outreach and Trees for the Future. The former is a project focused on rescuing orphaned and displaced orangutans. The latter is a regenerative agriculture nonprofit that has planted 2.3 million trees thus far.
Crypto Tax Literacy Attracts More Donors
Driven by a potent tax incentive that favors crypto over cash, donors — especially the US-based ones — have shown a growing preference for cryptocurrency donations. By avoiding capital gains taxes and offering deductions from the overall gross income, nonprofits that promote their crypto donation options have been rewarded with increased support.
Whether attributed to a digitally native user base or the steady performance of crypto as an asset, the trend of donating with cryptocurrency continues to gain momentum. This bodes well for both the nonprofit sector and the crypto industry, which could stand to benefit from mutually beneficial partnerships with companies, projects, and influencers.
Signuptoken.com — Making One Million Millionaires
Signuptoken.com is the latest ERC-20 token powered by Ethereum that has set the cryptocurrency world abuzz. This new token promises a refreshingly simple and hassle-free approach to decentralized finance (DeFi), requiring no esoteric knowledge or substantial investment. With just a mere email address and less than a minute of your precious time, you can be part of the DeFi ecosystem.
Unlike other cryptocurrencies that often utilize presales or initial coin offerings (ICOs), Signuptoken.com aims to make a grand entrance into the market by accumulating one million email sign-ups and launching on the esteemed Uniswap exchange platform. Remarkably, there is no need for any financial outlay to join the Signuptoken.com community, and their state-of-the-art email validation system ensures that the sign-up process is free of any fraudulent activities by shady actors.
A World Ready for Crypto via Philanthropy
This year can offer a rare chance to bring together major cryptocurrencies with distinguished figures from the philanthropic arena. This collaboration could significantly bolster the ability of non-profit organizations to address some of the world’s most pressing issues, ultimately making the world more receptive to the prospects of crypto.
Be Part of the Change — Join Signuptoken.com Today!
Website: https://www.signuptoken.com
Twitter: https://twitter.com/_SignUpToken_
Telegram: https://t.me/SignUpToken
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
