Online Auctions for a Greater Good
CharityStars has stepped into the charitable realm with a unique fundraising auction platform that combines the world of cryptocurrencies and nonprofit organizations. By bringing stakeholders from the blockchain space together, this initiative is creating a buzz that aims to benefit various charitable sectors.
Meet the Blockchain Giants
Imagine chitchatting with some of the most influential people in crypto! That dream can become a reality as CharityStars hosts auctions featuring leaders such as:
- Dr. Julian Hosp, co-founder and President of TenX
- Ryan Taylor, CEO of Dash
- Brock Pierce, chairman of the Bitcoin Foundation
- Erik Voorhees, CEO of ShapeShift
The auctions, which close on December 18, promise not just the allure of high-profile meetings but also substantial contributions to causes that truly need it.
Turning Proceeds into Purpose
All proceeds from these auctions will be strategically channeled to help several notable organizations, including:
- Blockchain Education Network (BEN)
- Bancor Foundation
- World Wide Fund for Nature (WWF)
- Save the Children
- Unsung
Francesco Nazari Fusetti, CEO of CharityStars, emphasized the potential impact of joining forces with industry leaders. In his words, “we should highlight the staggering benefits that this emerging technology can bring to the nonprofit sector.”
Special Guests Share Insights
Ryan Taylor of Dash shared his excitement: “The charity sector has always been an area where Blockchain application is particularly beneficial, and I am thrilled to be a part of it.” Meanwhile, Erik Voorhees noted the shared responsibility of early adopters of blockchain technology to increase awareness and foster community collaboration.
Payments in Cryptocurrency: A Game Changer
In a groundbreaking move, CharityStars recently announced the acceptance of Bitcoin (BTC) and Ethereum (ETH) payments. This allows users to bid on auctions using popular cryptocurrencies. For example, one lucky bidder paid $36,000 in Bitcoin to meet soccer superstar Cristiano Ronaldo, with proceeds benefiting the Forever Dream Foundation.
Introducing AidCoin
Seeking to further capitalize on blockchain advantages, CharityStars is launching AidCoin, a project designed to streamline and enhance transparency in charitable giving. Soon, users will experience donor empowerment through a more straightforward process of tracking raised funds.
To kick things off, CharityStars initiated a pre-ICO that raised an impressive 8,333 ETH to fund AidCoin. Planned as an ERC20 token on the Ethereum blockchain, AidCoin is set to revolutionize how donations are made and service fees are managed within the nonprofit ecosystem. An ICO will launch on January 16, with a price of 1,000 AID equating to 1 ETH.
The Future of Charity
The online donation market is valued at a whopping $15 billion in the US alone, demonstrating the immense potential for transformative fundraising techniques. With innovative solutions like CharityStars and AidCoin, the future of charitable giving looks bright and full of promise.
