BitGive, the first non-profit organization based on Bitcoin, was created in 2013 to support humanitarian efforts through the use of BTC.
It announced on Monday its new fundraising efforts for people affected by the global pandemic.
Entitled “BitGive COVID-19 Emergency Fund,” the blockchain-based platform aims at the immediate goal of $ 20,000 cash relief for workers who have lost their jobs, as well as purchasing personal protective equipment for healthcare professionals and providing global funding. for emergencies.
Blockchain will allow BitGive to move funds safely and quickly across the globe while offering maximum transparency and efficiency as it connects donors to influential causes.
Donors will be able to choose between contributing to fiat or cryptocurrencies and to see how their donations are spent on the BitGive donation tracking platform – GiveTrack. A public platform that promises full transparency also includes details on the implementation and impact of the Fund.
Connie Gallipi, founder of BitGive, commented;
“Covid-19 has affected our global community and we will all need to come together and support one another to get through this. We are grateful to the non-profit partner organizations for helping us provide a fully transparent path for collective impact by directly helping those in need on the front lines. “
BitGive says they will distribute donations evenly to three partner organizations: ‘Direct Relief’, ‘One Fair Wage Emergency Fund’ and ‘GiveDirectly’.
Direct Relief works with public health authorities, non-profit organizations and businesses in the US, Caribbean and South America to provide essential medical products to coronavirus-responsive medical professionals.
The One Fair Wage Emergency Fund supports restaurant workers, car drivers, vendors, personal service workers and others who lost their jobs in the US due to the pandemic, and Give Direct Direct provides financial assistance for seriously affected Americans and Africans.