202331 Dec

Givepact Builds Free Crypto Fundraising Platform for Nonprofits

Summary

"We want the DAO (decentralized autonomous organization) to be a training grounds for the nonprofit industry to learn how Web 3 works, how governance of a DAO works, how buying [non-fungible tokens] works, how buying and staking Ethereum works," Givepact co-founder Steven Aguiar said, "so they can take those skills back to their nonprofits and figure out how to implement a Web 3 strategy for their own organization internally. We will convert the crypto into cash to make it very easy for our clients to benefit," Givepact co-founder Alicia Cepeda Maule told CoinDesk.Givepact, a finalist in the Web 3 Pitch Fest, a hackathon hosted by Extreme Tech Challenge at CoinDesks Consensus Festival, is also building its own Wiki, "the nonprofit knowledge hub for all things Web 3." But then we also want to rally our community to say where can we sort of put our treasury to work to support that cause as well," Aguiar said. "Were creating the next generation of nonprofit fundraisers who understand how to further their mission through crypto donors and community." "Were facilitating a network that we say is creating the layer of social good in the metaverse economy."

Source: Coindesk

Funding

$400K
Amount
Dec 31 2023
Date
-
Investor
Givepact
Company

Classifications

Companies