\The South Korean arm of the charitable organization World Vision has announced that it will accept donations made in cryptoassets – a first for a South Korean NGO.
Per the media outlet EDaily, as well as Maeil Kyungjae, the charity has signed a “blockchain cooperation deal” with a startup named Publish. The move will allow donors to use cryptoassets to sponsor children living in poverty around the world – as part of the NGO’s “Dreaming Children” program.
The program allows donors in South Korea to sponsor a child via financial contributions that the charity distributes. The new Publish deal will allow crypto holders to use their tokens as a form of payment – and the startup will provide technological solutions that allow the charity to convert the coins it receives into fiat KRW in real-time.
Charity to issue sponsorship certificates as NFTs
In return, the charity will issue sponsorship certificates in the form of non-fungible tokens (NFTs). Donors will also be entered into a prize...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...