Spreading Holiday Cheer with Crypto
This holiday season, Unbanked is stepping up to make a difference by enabling crypto donations for the time-honored Toys for Tots initiative, run by the United States Marine Corps. Who knew that Bitcoin could help keep the spirit of giving alive? From now until December 20, generous souls can donate various cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), helping to distribute toys to children who need them most.
A Heartfelt Effort
Unbanked recently announced this fabulous initiative, stating, “We are honored to support the incredible work of @ToysForTots_USA this #holidayseason.” What’s even more exciting is that donations can be made using 28 different cryptocurrencies! Talk about a Crypto Wonderland!
How is it Possible?
It may seem like a stretch, but the marriage of crypto and charity is becoming a beautiful reality. The Toys for Tots program has been a gift-giving machine, having provided over 604 million toys to 272 million kids across the U.S., Puerto Rico, and the U.S. Virgin Islands. With that kind of history, it’s no wonder that good Samaritans are keen to contribute.
Other Players in the Game
It seems Unbanked isn’t the only crypto Santa in town. A project known as Elf Token has proudly reported receiving $41,200 toward this noble cause, with a goal of raising $100,000. If Elf Token can be so jolly, maybe we should all channel our inner elves?
“The cryptocurrency bull market has been good to all of us in this industry and this holiday season is the perfect time to pay it forward.” – Ian Kane, Co-CEO of Unbanked
The Bigger Picture
Beyond just Toys for Tots, the entire landscape of charitable giving has witnessed a significant transformation. This year, platforms like the Giving Block are expecting to see a surge in crypto donations, with $2.4 million raised just this Giving Tuesday, marking an astonishing 583% increase since last year. It seems that as the crypto world grows, so does the spirit of giving. So what are you waiting for? Grab your crypto wallet and let’s make the holidays a little brighter for those in need!
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