Home Finance News UNICEF France Decides To Accept Donations in 9 Different Cryptocurrencies

UNICEF France Decides To Accept Donations in 9 Different Cryptocurrencies

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In an attempt to reach out to a new category of donors, UNICEF France declared that they are now accepting cryptocurrency donations. This is done in an attempt to change the way the organization has been collecting donations.  Nearly, 71.6% of donors are more than 50 years old. 

UNICEF remarked, “The current donor population is aging.  There is a need to identify a new sector of donors who will stand for a cause.”

“Following the success of the Game Chaingers Operation launched in February 2018, the Gamers community, UNICEF France goes further and offers the possibility to virtual currency holders to make a donation in cryptocurrency to support its actions in favor of children.”

The “GAME CHAINGERS” is a project that previously made use of the computing power of all the graphics cards of the gamers from across the world.  This project made use of the graphics cards to mine Ethereum in order to reap benefits for the UNICEF fundraising projects.

This was a different solution, where 711 million gamers in the world and many from the sports community contributed to a fundraiser campaign.  There were many with just a computer with a graphics card who participated in the fundraiser campaign.  This was a painless method of donation because the graphics cards of the gamers were used to mine the cryptocurrency.  There was no need for donors, in this case, to donate fiat currencies like Euro.

Those who participated in this fundraising event were not necessarily proficient gamers.  All they had to do was to own a computer with a graphics card and they had to install the mining software to complete their mining operation. Right from the time this software was installed, gamers were free to start and stop the software as they pleased.  The participation was non-binding.  And it was left to the participants to decide when they will want to start and when they will want to stop.

Anyone who is interested can do it.  They can run the software as they desired.  The software has been pre-configured for every participant.

The Executive Director of UNICEF France, Sébastien Lyon, states “Cryptocurrencies and blockchain technology for charitable purposes offer a new opportunity to appeal to the generosity of the public and continue to develop our actions with children in our country of intervention. It is an innovation in terms of solidarity and fundraising.”

UNICEF accepts nine cryptocurrencies in total.  The list of accepted cryptocurrencies are as follows:  “Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dash, Monero, EOS and Stellar.”

Donors can visit the UNICEF France website, to make the donations in one of the nine accepted cryptocurrencies.

Donations can also be made by mining.  The electronic wallet on UNICEF France allows for some mining.

UNICEF is considering to raise funds for the “Children of Syria” by making use of Ethereum. UNICEF is partnering up with an advertising agency known as BETC for this purpose.  UNICEF claims that this is going to be a futuristic project.

For more info about the Chaingers – visit: https://www.chaingers.io/

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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