Giving back with crypto is as easy as it should be

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Published in
3 min readJan 30, 2020

eSolidar is helping people and businesses give back, and charities amplify their reach and diversify their fundraising efforts. We will help them with the power of digital currencies.

Every company has a culture. Ours is, and will always be, a culture of community, giving back and making everyone’s lives a little better. This is the whole point of embracing and working on innovative technologies like blockchain and crypto. We’re not just in this to create a profitable enterprise, we’re in this because we believe that can be achieved while having a positive impact on our ecosystem.

Doing charity with the money of tomorrow

eSolidar joining us as a merchant is glorious news for this very reason. They work tirelessly to connect their audience with charitable causes they can help, and have expanded to businesses as well. It’s their job to create company cultures of giving back, and to help businesses maximise their social reach. They also work directly with charities, helping them diversify their fundraising opportunities and giving them the tools they need for their all important work. Now, as merchants in the Utrust ecosystem, they will have digital currencies on their arsenal as well.

Here’s what eSolidar’s CEO, Marco Barbosa, had to say:

“We have been exploring blockchain technology to improve transparency and accountability when giving, to remove intermediaries and provide new financial services to those in need (unbanked/underserved). This partnership with Utrust is a great step towards our goal of enabling new funding possibilities, including digital currencies. We believe this new kind of currencies/money will expand the possibility of any charity in our platform to diversify their fundraising base and enable anyone to donate to the causes they care about from anywhere in the world, using cryptocurrencies like Bitcoin or Ethereum.”

We feel very strongly about this as a company. Our mission is to remove barriers, to make payments easier, safer and cheaper. That has to include charitable giving. Here’s our CEO, Nuno Correia:

“We truly believe in community and in improving the lives of the people in our ecosystem. All our merchants are chosen not only because of their elite status within their respective fields, but because we feel they address a real necessity and will improve the lives of our friends and customers. eSolidar will make it easier for everyone to give back, and together we will work to remove all barriers and constraints on selfless and charitable giving. This couldn’t be more in tune with our values as a company.”

eSolidar’s first crypto project will help the favelas

This project is a crowdfunding drive, geared towards helping people from 10 different Brazilian favelas. It’s a joint effort between eSolidar, G10 Favelas and Canal Transformadores, and its aim is to promote entrepreneurship and the development of 10 of the most underserved neighbourhoods in Brazil: Rocinha (RJ), Rio das Pedras (RJ), Heliópolis (SP), Paraisópolis (SP), Cidade de Deus (AM), Baixadas da Condor (PA), Baixadas da Estrada Nova Jurunas (PA), Casa Amarela (PE), Coroadinho (MA) and Sol Nascente (DF).

The funds raised will be used in two ways:

1- Projects located in the favelas that are part of the G10 will receive 80% of all funds collected, so as to be able to develop their ideas, generating businesses with social impact in their communities.

2- 15% of the funds will be destined to individuals residing in the Paraisópolis Community and who are in a highly vulnerable condition. This will be done through blockchain technology, to ensure that more money circulates in these urban regions, effectively achieving a UBI (Universal Basic Income).

The 5% left will be used for the maintenance and promotion of the campaign and subsequent efforts.

You can find out more at http://bit.ly/38NEk1Z

Ready to do some good?

eSolidar entering our ecosystem is our first foray into the world of philanthropy and charitable giving, and it has inspired us all to do more and invest in making the world a better place. Our ecosystem is growing stronger and better, and this is the perfect example. Join us!

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The easiest way to pay with & accept digital currencies. The money of tomorrow is here. Experience digital payments with Utrust: utrust.com