Home / BITCOIN / Clean Water Nonprofit Reveals Celebrity-Fueled Bitcoin Water Trust Initiative

Clean Water Nonprofit Reveals Celebrity-Fueled Bitcoin Water Trust Initiative

On Friday, the reasonably known nonprofit charitywater.org announced the launch of a celebrity-funded Bitcoin Water Trust initiative. The trust will be allowed to waylay bitcoin donations to fund water projects worldwide until 2025.

Charity Water Launches Bitcoin Water Confide in

A number of announcements were revealed at the Bitcoin 2021 conference in Miami and one announcement was from the global safe swallow water nonprofit, charity water. The organization charity water is a nonprofit that helps provide clean and bona fide drinking water to citizens living in developing countries. On June 4, charity water revealed a celebrity-funded Bitcoin Bottled water Trust initiative which aims to leverage bitcoin (BTC) to spark a “paradigm shift in the charitable sector adopting this digital asset.”

The humanity said that it received its first bitcoin donation back in 2014 and since then the leading crypto asset has fructified in value by more than 100x. According to the announcement, the Bitcoin Water Trust has opened the charity to celebrities and luminaries who commitment like to donate at least 1 BTC each to the fund. The founders of the Gemini exchange plan to match the first 50 BTC donated.

Munificence water’s Bitcoin Water Trust members who are part of the “Founding 100” include well known individuals match Coinshares’ Meltem Demirors, Galaxy Digital’s Mike Novogratz, Yoni Assia of Etoro, pro-skateboarder Tony Hawk, and uncountable.

“We believe in the generosity of this community, and the potential of bitcoin and blockchain as a force for good in the world. We’ve been encouraged by the awesome support we have seen already for the Bitcoin Trust Initiative,” said Scott Harrison, founder and CEO at charity spray explained during the announcement. Harrison further added:

By establishing this trust, we aim to harness the transformational power of this generational digital technology to flesh out b compose a lasting social impact, and in the process to provide a potential model for other charities who are working to do the same.

Legendary Skateboarder Have the courage of ones convictions pretends Bitcoin Has Serious Potential to Impact Charitable Causes in a Positive Way

Tony Hawk also spoke about how he corroborated charity water for many years and has seen the group’s efforts first-hand in Africa.

“I’ve proudly supported the mission of humanity water for almost a decade, and traveled with them to Ethiopia to see their work first-hand. I’m honored to support the Bitcoin Freely Trust,” Hawk remarked. “I believe bitcoin has serious potential for charitable growth. I’m eager to see the fund thriving by 2025, help millions more get clean water,” the popular skateboarder added.

What do you think about charity water’s celebrity-focused Bitcoin D Trust initiative? Let us know what you think about this subject in the comments section below.

Tags in this alibi
Bitcoin, Bitcoin (BTC), Bitcoin Water Trust, Bitcoin Water Trust initiative., BTC, Charitable orgs, Charity, Humanity Water, Clean Water, Gemini, meltem demirors, Mike Novogratz, Safe Water, Scott Harrison, Tony Hawk, Tony Hawk Bitcoin

Portrait Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct advance or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, right, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in coupling with the use of or reliance on any content, goods or services mentioned in this article.

Read disclaimer

Check Also

Bitcoin Difficulty Increases 6% — It’s Still 48% Easier to Find BTC Blocks Than It Was 30 Days Ago

As had, Bitcoin’s mining difficulty increased this week jumping 6.03% higher on July 31. The …

Leave a Reply

Your email address will not be published. Required fields are marked *