Hence, crypto donations differentiate the beginning of the process of verifiable donation. Since they initiated their support in 2005, ING has raised over US$ 25 million (€ 20 million) for UNICEF education projects in Brazil, Ethiopia, India, and Zambia. In total, the existing Innovation Fund has already backed six blockchain companies in a portfolio of 72 companies from 42 nations.The investments in crypto have been limited at the moment.
This fosters the inclusion of crypto in the various national NGOs as well.
The proceeds of the donation will be invested in blockchain projects that favor UNICEF’s cause.
UNICEF works in more than 190 countries and territories to reach the most disadvantaged children and adolescents Headquarters : New York, New York, United States Subsidiaries : UNICEF Ireland, Girls’ Education Movement, The money has already received its first gift of 1 BTC and 10,000 ETH from the Ethereum Foundation. Coingape is the most trusted source of News, Insights, Reviews and Price Analysis on Bitcoin, ICO, Blockchain, Cryptocurrency. © 2019 CoinGape.
The contributions in BTC and ETH will not be converted into FIAT or any other investment asset as well; it will be set directly into the development of blockchain. Ltd. The names of the institutions or programs in existence in 2002, most of which were set up under the joint aegis of the General Assembly and the Economic and Social Council and operate through ECOSOC, appear in the lower left-hand column of the UN Family of Organizations chart.
The prototype will begin with accepting Bitcoin and Ethereum donations. Nivesh from Engineering Background is a full-time Crypto Analyst at Coingape. The remaining subsidiary …
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The contributions in BTC and ETH will not be converted into FIAT or any other investment asset as well; it will be put directly into the development of blockchain.