Indacoin teams up with Charity Token to revolutionize charitable giving
Indacoin, the international fiat-to-crypto exchange company, has announced a strategic partnership with Charity Token, a Web3 fundraising platform to build a new form of charity powered by the blockchain. As part of the collaboration, these two companies will cooperate to drive mass adoption of the $ChaT token and make it available to millions of credit and debit card holders in more than 180 countries.
Today, the number of people in need can be counted by millions. This regrettable reality has awakened awareness, and, as a result, many charitable organizations have emerged to address the situation. However, charitable donors hesitate when depositing their funds, as donations do not always reach needy people. Charity Token has come to change this and restore confidence in contributions thanks to crypto and the power of Web3. The project’s solution enables users to donate $ChaT tokens directly to registered charitable organizations and relatives. Thus, beneficiaries can receive donations instantly, without fees, and sell the tokens against fiat money. Furthermore, the current token utility model allows holders of the $ChaT token to donate, stake, give, spend, be rewarded for their participation, and be entitled to a share of the commissions generated by the network. That way, an investor will only need to deposit funds into its wallet once, as the fund will continue to grow. Then, the investor will continue to donate its earnings, thus creating a sustainable and circular economic model. Based on these points, Charity Token is quickly becoming a trusted gateway for charitable investments to make more of a positive impact on our society and turn ordinary citizens into real investors.
To enable mass adoption of $ChaT, the Charity Token team has decided to join forces with Indacoin, a pioneer in the fiat authenticated fiat-to-crypto exchange industry with a track record of working with top-tier companies, including Changelly and OKX. Thus, all Visa and MasterCard owners can feel confident in buying the native $chaT token with ease in a secure space in a matter of minutes.
Anvar Sidorov, Partnerships Director at Indacoin, commented on the news:
“Charity Token is a groundbreaking company, and we are excited to partner with them. We share and believe in their values and will do everything we can to help them achieve their mission. Their beginner-friendly platform will allow anyone to do charitable giving to those in need and make a real impact in their lives and the world”.
About CHARITY TOKEN:
Charity Token is the world’s first investment app for charities. Launched in 2022, this Australian company is looking to help users earn and donate to those in need through a revolutionary friendly-dApp that relies on regulatory bodies and agencies such as ASIC and AUSTRAC to ensure compliance. Their platform also helps connect donors, fundraisers, artists, celebrities, and more to raise money for small charities worldwide.
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About INDACOIN:
Indacoin is a pioneer fiat-to-crypto gateway with Visa and Mastercard processing globally. The company has been operating since 2014 and its primary focus lies in developing anti-fraud software, which has enabled millions of users worldwide to quickly and safely buy cryptocurrencies. Indacoin is one of the most prominent players in the crypto community that provides risk-free transactions for more than 100 partners.
