United Nations International Children Emergency Fund (UNICEF) France division has begun accepting gifts in digital forms of money, after the fruitful execution of raising capital through Ethereum mining. The battle was known as the “GameChaingers” and was propelled in Feb 2018.
GameChaingers, a UNICEF France activity, solicited the gaming network from the world to mine Ethereum utilizing their graphic cards to help the poor children in Syria. The crusade was a win, with 85 ETH being mined in 59 days, with 1 ETH having an estimation of $750.
With the achievement of GameChaingers, UNICEF France is making another move into digital currency space, accepting cryptographic money gifts. At present, UNICEF will acknowledge 9 cryptographic forms of money, which incorporates, Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dash, Monero, EOS, and Stellar.
As per Sébastien Lyon, Executive Director of UNICEF France,
“Cryptocurrencies and blockchain technology for charitable purposes offer a new opportunity to appeal to the generosity of the public and continue to develop our actions with children in our country of intervention. It is an innovation in terms of solidarity and fundraising that we are still few to propose, but which tends to become more democratic. “
This isn’t the first time when cryptocurrencies have been used in an off-beat way. The convenience of cryptographic forms of money for universal instalments has settled on digital forms of money in a decent decision for gifts, particularly where appropriate monetary foundations are not working. Reddit client “Window7733” raised a great many dollars from the Nano people group to help individuals in Venezuela. The Ocean Cleanup venture also began accepting the crypto donations.
In the ongoing occasions, individuals living in a war-torn district of Gaza are utilizing Bitcoins to pay for their everyday meals, and numerous NGO and philanthropic guides are sending Bitcoins to encourage them.