Free Airdrop Season 7 is LIVE! Answer fun questions or do simple tasks to earn rewards from the $30K BitDegree prize pool. Participate Now ! 🔥
Key Takeaways
Free Airdrop Season 7 is LIVE! Answer fun questions or do simple tasks to earn rewards from the $30K BitDegree prize pool. Participate Now ! 🔥
The World Food Program USA, a nonprofit closely connected to the UN World Food Programme but operating independently, has begun accepting donations in over 80 cryptocurrencies.
This includes cryptocurrencies like Bitcoin
This decision supports the organization’s goal of raising $25 million for its Emergency Hunger Relief Fund. The fund helps provide ongoing food support to 58 million people facing serious hunger.
Did you know?
Subscribe - We publish new crypto explainer videos every week!
What is Tezos? XTZ Cryptocurrency Easily Explained (ANIMATED)
Meanwhile, the decision to accept crypto is due to the previous US administration ending funding for UN food assistance in 14 countries, including Afghanistan, Syria, and Yemen. UN officials have since warned that this loss of support could put millions of lives at risk.
Dorota Amin, who oversees partnerships and fundraising, stated that traditional systems are under pressure and new tools like blockchain and cryptocurrency are now essential.
She added that as needs grow and budgets tighten, crypto donations open the door to a group of people who want to make a difference.
There are also advantages for those donating. Cryptocurrency payments usually come with lower fees, faster delivery of funds, and potential tax deductions. This allows a larger share of each donation to go directly to those in need, with money arriving in minutes instead of days.
On April 3, Changpeng "CZ" Zhao, the co-founder of Binance
To ensure the highest level of accuracy & most up-to-date information, BitDegree.org is regularly audited & fact-checked by following strict editorial guidelines & review methodology.
Carefully selected industry experts contribute their real-life experience & expertise to BitDegree's content. Our extensive Web3 Expert Network is compiled of professionals from leading companies, research organizations and academia.