The project is collecting Tots for Tots cryptocurrency donations this holiday

In this holiday season, fintech provider Unbanked will provide cryptocurrency donations to Toys for Tots, a program run by the US Marine Corps to collect toys for distribution to disadvantaged children.

In the announcement on December 2, Unbanked Said It will allow users to donate cryptocurrencies including Bitcoin (Bitcoin) And ether (Ethereum) As part of the Toys for Tots fundraising event.Before December 20th, well-wishers can send any amount of funds to the program give Provided 604 million toys to 272 million children in the United States, Puerto Rico and the U.S. Virgin Islands.

Ian Kane, Co-CEO of Unbanked, said: “The cryptocurrency bull market is good for everyone in our industry. This holiday is the best time to move forward.” “We naturally hope to take advantage of the benefits of cryptocurrency during this holiday period. Give back.”

However, Unbanked does not completely represent the charity of all encrypted users.Projects operated under the name of Elf Token Report As of December 4, it has received US$41,200 for the purchase of Toys for Tots, with the goal of raising US$100,000 during the holidays.In addition, Giving Block is a platform Allow non-profit organizations and charities to accept donations In encryption, currently Enable Many tokens are used to donate to the toy collection program.

related: The charity platform expects that the cryptocurrency donated on Tuesday will be much larger than the fiat donationX

As part of this Tuesday’s donation activity, charities, universities, faith organizations, and other institutions have increased the number and amount of cryptocurrency donations. Cointelegraph reported on December 2 that, Giving Block raised $2.4 million in cryptocurrency This year, this is an increase of 583% from the Tuesday after Thanksgiving in 2020. The platform’s goal is to raise more than 100 million U.S. dollars in cryptocurrency donations by the end of the year.