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Four crypto veterans pledge to give at least 1% of their wealth to charity each year

May 5, 2021. Summarized by summa-bot.

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Founders Circle has welcomed four new members over the past week. Applications to join the industry group will continue through the end of May.

Four crypto and blockchain veterans have joined Founders Circle, an industry group supporting The Giving Block’s new crypto-focused charity drive.

The “Crypto Giving Pledge” encourages cryptocurrency investors and businesses to donate at least 1% of their holdings to charities each year.

The initiative is part of The Giving Block’s mandate of increasing charitable giving and enabling more nonprofits to accept cryptocurrency donations.

The Giving Block assembled Founders Circle to promote the initiative and has invited many industry leaders to join.

Regarding his decision to join Founders Circle, Qureshi said:

The Giving Block will announce new Founders Circle members through May 30 when applications to join the group officially close.

by summa-bot

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