Munch and The Giving Block partner to connect crypto-ready nonprofits
June 10, 2021. Summarized by summa-bot.
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The crypto donations industry continues to grow. Munch and The Giving Block plan to make it easier for crypto users to donate to their favorite causes.
Munch, an up-and-coming DeFi project that lets investors give back a portion of their earnings to charitable causes, has officially partnered with The Giving Block — a move that could provide a significant boost to the rapidly growing crypto donations industry.
The new agreement connects The Giving Block’s growing community of crypto-ready nonprofits with the Munch network, which allows users to easily donate to causes they care about.
The partnership will also enable new nonprofits to accept Munch donations directly, as well as create a profile on The Giving Block’s fundraising platform.
As for The Giving Block, the organization has ramped up efforts in the crypto donations industry, helping nonprofits like the American Cancer Society and others begin accepting contributions in Bitcoin (BTC), Ether (ETH) and other digital assets.
Back in April, The Giving Block launched the Crypto Giving Pledge to encourage more cryptocurrency investors to donate to charities.