Crypto donors to star-studded benefit raise $440K for autism awareness
May 4, 2021. Summarized by summa-bot.
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Crypto holders donated $440,000 of the $3 million raised by a charity fundraiser for NEXT for AUTISM last week.
On April 30, a virtual benefit co-hosted by American TV star Jimmy Kimmel and NASA engineer-turned-YouTuber Mark Rober raised over $3 million in donations to support NEXT for AUTISM, a charity dedicated to addressing the needs of people with autism and their families across the United States.
The virtual benefit was also brought a step forward into the digital currency era, with crypto lender Nexo and The Giving Block offering a payment channel for viewers to donate to the charity using a wide range of crypto assets.
Now that the livestream has ended, Nexo has left open its crypto donations portal for viewers to catch up and contribute their funds to the charity.
"The event raised over $440,000 in crypto donations from about 100 donors.
In The Giving Block's estimation, if every participant in the crypto market donated 1% of their holdings to charities, they could collectively raise $20 billion, based on the market capitalization of digital assets in late April, the time of the initiative's launch.