Givecrypto Nonprofit Launched

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Givecrypto is a nonprofit group whose goal is to distribute cryptocurrency to people in need. The nonprofit organization was started by Brian Armstrong, CEO of Coinbase. The fund will comfrom investors of cryptocurrency. Some of the supported cryptocurrencies include. Bitcoin, Ethereum, Bitcoin Cash, and Ripple.

For many years the main problem with helping impoverished areas is actually getting the money to the people who need it. Between corruption and problems with logistics funds raised by charity organizations often never make it to the intended party.

Integrating cryptocurrency with nonprofits solves these problems.

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