Crypto is redefining how charities raise funds

Non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and decentralized finance (DeFi) are redefining how charities raise donations and distribute funds to those most in need. 

Through ever-evolving crypto and blockchain-related technology, crypto philanthropists told Cointelegraph that they’ve witnessed “new wealth distribution mechanisms” never seen before. 

“Philanthropy has traditionally been seen as a high-cost-of-entry, individualistic activity but with web3,…

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