Commentary: Don’t let crypto collapse cast a pall on blockchain philanthropy

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Commentary: Don’t let crypto collapse cast a pall on blockchain philanthropy - Channel News Asia

Quick Summary:

Despite the crypto carnage of 2022, blockchain-enabled fundraising remains a promising option to transform the charity landscape, says Digital Philanthropy’s co-founder Lim Soon Ying.

Such a move comes at a tipping point in a so-called crypto winter period whilst businesses and people around the world have started taking their first steps into Web3, cryptocurrencies and the metaverse.

In Singapore, there are some charities that welcome cryptocurrency donations, including the Singapore Children’s Society, Singapore Red Cross Society, Singapore Cancer Society, Singapore Association for the Deaf, and Singapore Association of the Visually Handicapped.