# Why web3’s wealthy are donating crypto instead of cash

- Link: https://www.widthness.com/why-web3s-wealthy-are-donating-crypto-instead-of-cash/
- Published: 2022-03-22T09:45:59-05:00
- Author: Curated by Theresa Wysocki

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. […] Click here to view original web page at techcrunch.com