Four veterans of cryptocurrency and blockchain have joined Founders Circle, an industry group supporting the new cryptocurrency-focused charity The Giving Blocks.
The Crypto Giving Pledge program encourages investors and cryptocurrency companies to donate at least 1% of their share to charity every year. The initiative is part of The Giving Blocks staff, which aims to increase charitable donations and enable more non-profit organizations to accept cryptocurrency donations.
The Giving Block Founders Circle got together to promote the initiative and invited several industry leaders to join. Over the past week, Founders Circle has welcomed four new members, starting with Ryan Selkis, founder and CEO of Messari, on April 27th.
Deng Matuszewski, founder of CMS Holdings and former president of Circle Trade, also answered the call, and Qiao Wang of the DeFi Alliance. They joined Circle on April 28 and 29, respectively.
Dragonfly Capital CEO Hasib Qureshi was announced Tuesday as the fourth member of the industry group. Regarding his decision to join the founding circle, Qureshi said:
“The cryptocurrency community has been incredibly generous to me and I’m lucky to be able to return some of that generosity. I’m happy to donate to charities – and when that happens, cryptocurrency is the best way to do it. ”
Giving Block will announce new Founders Circle members by May 30th, when applications to join the group will be officially closed.
The Crypto Giving Pledge was launched just in time for digital asset development. The cryptocurrency market is currently valued at about $ 2.3 trillion, which means that 1% of all industry participants and investors contribute $ 23 billion. The growing mass acceptance of digital assets is likely to force more and more non-profit organizations to accept cryptocurrencies.
A good example of this change in direction is the Crypto Cancer Fund, launched by the American Cancer Society and The Giving Block in January. The search box accepts donations in Bitcoin (BTC), Ether (ETH), and other cryptocurrencies.