Partnering With The Giving Block To Support Crypto-Friendly Nonprofits
Using The Giving Block platform to seamlessly donate ETH
We are pleased to announce that we have joined forces with The Giving Block to bring sustainable funding to crypto-friendly nonprofits. Cryptograph will now be enabled to donate crypto to nonprofits via The Giving Block.
Since Cryptographs are sold for Ether (ETH), proceeds from the creations can now be seamlessly donated to the nonprofits who are equipped to accept cryptocurrency donations with The Giving Block. This helps cut down on exchange, transfer and administrative fees that would normally be incurred by having to convert to fiat and then distribute the funds to the charity.
Cryptographs have been selling for as high as 77.35 ETH (roughly $18.5K at time of sale) and in some cases 90% of the proceeds are going to charity. Cryptographs also do not just generate income for charity from the initial sale but also from every other subsequent transaction in perpetuity. So being able to seamlessly donate to the relevant nonprofit via The Giving Block will help to further cut down on fees for the non-profit over the long term.
We are very happy to partner with The Giving Block and we hope that our partnership will further encourage non-profits to engage with the new fundraising tools and opportunities that the wider Cryptosphere has to offer.
