Cryptocurrency Philanthropy
27 Pages Posted: 15 Apr 2024
Date Written: April 2, 2024
Abstract
The transformative power of blockchain and cryptocurrencies has rippled across diverse industries, sparking innovation and redefining established norms. In this chapter, we explore how the nonprofit sector can tap into the vast potentials of cryptocurrencies in fundraising, providing financial inclusion to disadvantaged population, and helping the underdeveloped communities. Furthermore, we examine the challenges associated with adopting cryptocurrencies, as well as strategies to navigate and harness these challenges effectively.
Keywords: Cryptocurrency, Blockchain, Nonprofit, Philanthropy, Dona- tions, Financial Inclusion, NFT
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