Why Crypto Philanthropy Continues to Outperform the Market

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

'For the second year straight, more Google searches contained “donate crypto” than “donate stocks” because a growing number of crypto users are getting wise to asset-giving strategies.' Opinion by thisisPatDuffy

are now fundraising via crypto and non-fungible tokens . With thousands of nonprofits now involved in Web3, crypto philanthropy not only weathered last year’s storm but thrived in it., which compares the total in crypto donated via The Giving Block compared to the average price of bitcoin over time, we can measure if changes in crypto giving are outperforming or underperforming the crypto market as a whole.

As we face another year of market uncertainty, we’ll continue to see stablecoins take donation volume market share, demonstrating the growing use of stable-value cryptocurrencies as payment methods. In 2022, USD coin was the most donated crypto, clocking in at 44% of our donation volume. This was followed by ether as the second-most donated cryptocurrency at 24% of donation volume and bitcoin in third place at 17% of donation volume.

For as long as millions of people in the U.S. remain incentivized to give crypto over cash, crypto will continue being a force for good in the nonprofit industry. This trend is good for the planet, but the crypto industry could see tremendous opportunities to benefit as well.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 291. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Can't believe it's been a year since we met her

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Russia makes Western firms exiting market to donate to federal budgetRussia is forcing Western companies exiting its market to make a donation to the country — and it's making it harder for them to leave When will we seriously start to legally arrest and confiscate Russian state’s, Putin‘s and the oligarch‘s wealth and properties and hand it over to Ukraine? Is there no „rule of law“ way to do so? Can the EU create one? Sounds like overreach to me They owe workers compensation package. No one is forcing them to leave the market
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »