Did you know that cryptocurrency donations have the ability to change single parents’ lives?
As cryptocurrencies gain traction in popularity and use, nonprofits are seeing the benefits of crypto gifts. Since 2018, over $2 billion in cryptocurrency has been donated to nonprofits, and that number is only growing.
At H.O.P.E. Inc., we have also seen the impact of crypto giving, having recently received a gift of $10,000 last month. Through this ongoing support, we can reach more single parents as they work to pursue their higher education dreams, changing the trajectory of their families.
Are you new to cryptocurrency, or you aren’t sure how it can help nonprofits like us? Let’s take a deeper dive into why crypto matters — and the difference it can make.
What is cryptocurrency?
A digital currency, cryptocurrency can be exchanged like other currencies to purchase products and services. Existing only in electronic form, crypto uses blockchain technology that is independent of central authorities for secure transactions.
Cryptocurrencies like Bitcoin and Ethereum are rapidly gaining momentum as people around the world are favoring its “peer-to-peer” system, where anyone anywhere can send money and receive payments without a middle man. Many view crypto as the currency of the future, and they predict the value of cryptocurrency will only accelerate in coming years.
Why is cryptocurrency beneficial for nonprofits?
As more and more people use cryptocurrency, the capacity for donations and charitable giving is huge! Crypto is growing as a common way for donors to give to organizations they care about, and for nonprofits, it’s a way to diversify and expand the potential for revenue and increase impact.
The majority of crypto buyers are young (millennials), and so adopting crypto currency as a donation method allows nonprofits to reach new audiences to support their missions, especially as the world of crypto continues to expand.
Why donate cryptocurrency to H.O.P.E. Inc.?
At H.O.P.E. Inc., we strive to reach our community of single parents, offering them the necessary financial and personal support needed to receive their degrees, pursue their careers, and change their families’ lives. Through child care funding, budget training, rent assistance, career coaching, and more, we want to come alongside single parents and remind them that they are not alone on their journeys.
By donating to H.O.P.E., you can join us in our mission and help us reach more families. Whether through cryptocurrency or other means, your generosity gives us the ability to meet needs and alter lives.
So, are you interested in partnering with us? Learn more about our program and check out our donation page today.
