Why web3’s wealthy are donating crypto instead of cash

Image Credits: Bryce Durbin. Article by Anita Ramaswamy. TechCrunch – March 20, 2022.

As the Russia-Ukraine war rages on, crypto has become an integral tool for donors abroad to support Ukraine. The success of crypto-native fundraising campaigns in this context is reflective of a broader trend that’s taken off in a big way this year of crypto holders giving away their coins to support charitable causes. Charities around the globe are soliciting donations in crypto to aid Ukraine. Endaoment, a popular crypto giving platform, said it has raised over $2 million for charities supporting Ukraine since the onset of the war in late February. […]

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