UNICEF France has announced that it would be accepting donations in the form of cryptocurrencies, with the stated purpose of expanding their fundraising efforts.
Nine cryptos to be accepted
The French office of the UNICEF stated that it will start to accept payment in nine cryptocurrencies.
In addition to traditional payments, UNICEF now accepts:
- Bitcoin (BTC)
- Ethereum (ETH)UN
- Litecoin (LTC)
- Ripple (XRP)
- EOS (EOS)
- Bitcoin cash (BCH)
- Monero (XMR)
- Dash (DASH)
- Stellar (XLM)
Donations using these cryptocurrencies can now be made directly via the official website of the French branch of the organization.
Sébastien Lyon, the director of UNICEF France, stated that digital currencies and blockchain technology used for charitable causes is something the organization is looking to help appeal to the generosity of the public.
UNICEF is planning to use the funds to continue to develop their operations to help children in developing countries.
Lyon stated that even though crypto fundraising is very effective, few charities have implemented the technology and he wanted UNICEF France to be the first to embrace the nascent technology.
He further added that donating via cryptocurrency is a positive trend that has grown over the past few months, with growth expected to continue as the public embraces cryptocurrencies.
Two successful crypto campaigns led to this development
This latest development is not the first time that UNICEF has embraced the power of cryptocurrencies for doing good.
In February, UNICEF started a fundraising program, with funds collected from the program used in protecting the children suffering from the civil war in Syria.
The program was called Game Changers and was targeted at computer gamers – with users downloading and installing a special mining software application from UNICEF’s website instead of donating money.
Their gaming PCs were then used to mine Ethereum and the proceeds used for charity.
UNICEF appealed to miners and cryptocurrency enthusiasts to donate computing time on their high-end gaming and mining computers.
The large, distributed network of graphics cards helped UNICEF mine Ethereum, which was then sold and the funds used for operations.
In May, Australia’s UNICEF launched its own campaign via a dedicated website called “The Hopepage”. Visitors to that website donate some of their computing power to aid in mining cryptocurrencies.
This is achieved by opening a page and allowing their device to be used to process crypto transactions anytime they are using the internet.
The technology is similar to cryptojacking, however, it differs in that the user consents to donate their resources to aid UNICEF, whereas cryptojackers steal resources without asking.
At the moment, there are more than 22,000 people mining and donating the cryptocurrencies through the platform launched by the Australian office of the UN agency.