In this Tech for Sustainability live chat we speak to The Giving Block, a crypto donation platform that makes it easy for companies and individuals to donate crypto, and for non-profits to fundraise.
Pat Duffy, co-founder at The Giving Block will share:
How nonprofits can accept Bitcoin donations
Benefits of accepting, and donating crypto
Bitcoin Tuesday- how they're using crypto as a fundraising platform
The Giving Block is the #1 crypto payments solution for universities, faith-based and other charities. With over 100,000,000 users, Bitcoin and other cryptocurrencies have become more popular than Venmo among Millennial and Gen-Z donors. What makes The Giving Block special is not only their products, but their community, as they have consistently pulled together the biggest names in crypto for nonprofit fundraising campaigns generating millions of dollars in donations for charities.
Meet Pat Duffy:
Pat Duffy is a Co-Founder of The Giving Block. In 2018, Pat created The Giving Block with Co-Founder Alex Wilson. Together, they created a turnkey solution for nonprofits to fundraise cryptocurrency (like Bitcoin).
Donating Bitcoin, and donating other cryptocurrencies, rose to prominence in late 2017 as Bitcoin's price surged. Pat and Alex quickly discovered that Bitcoin and other cryptocurrencies received the same tax treatment as stocks. In other words, when you donate cryptocurrency to nonprofits, you pay no capital gains tax on the appreciated crypto - kind of a big deal.
Connect with Pat: