Pledge Announces Launch Of Platform Allowing Nonprofits To Accept Crypto Payment

Fundraising platform Pledge on Tuesday introduced the launch of “PledgeCrypto,” which permits nonprofits to just accept crypto donations in over 130 cryptocurrencies, together with Bitcoin, Ethereum (ETH), and Tether, and immediately convert them to fiat.

Popstar Ariana Grande, who has launched her ‘Protect and Defend Trans Youth Fund’ on the platform, has pledged to match as much as $1.5 million of her personal cash in donations.

“Over 300 hundred million individuals world wide maintain cryptocurrency at the moment and need greater than ever to assist the causes they care about,” says James Citron, CEO of Pledge. “Now we’ve made it seamless for anybody to assist the world’s largest community of two+ million verified charities and for charities in all places to seamlessly settle for cryptocurrencies and additional energy their mission.”

PledgeCrypto affords a free, fully-integrated fiat and crypto donation platform within the trade, the place donations go on to verified nonprofits. The platform permits a non-profit to begin accepting crypto donations in minutes with no technical expertise, crypto pockets, KYC or contract required.

Building on the profitable marketing campaign launch with Ariana Grande, further nonprofit launch companions for PledgeCrypto embody The Boys and Girls Club of Metro Los Angeles, Big Brothers and Big Sisters LA, Streetcode Academy, Worthy of Love, Safe Place for Youth, CoachArt, Goodie Nation and Taraji P Henson’s Boris Lawrence Henson Foundation. Additionally, to compensate for the environmental influence of crypto mining and transactions, Pledge can be launching a function the place each crypto transaction will assist verified carbon offset initiatives through the United Nations Climate Neutral Now Initiative.

PledgeCrypto permits a nonprofit to begin accepting crypto donations in minutes with no expertise expertise required. Any consumer has the choice of both making a fundraiser web page to just accept crypto donations for a selected marketing campaign or trigger that connects a number of nonprofits or embedding a donation type and button instantly on an internet site, all of which could be accessed by means of the nonprofit’s Impact Hub.

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About the Author: Daniel