The new philanthropic frontier: How Web3 could democratize donations.
18 Jul 2022, 01:15
The new philanthropic frontier: How Web3 could democratize donations💡💡
A philanthropic DAO would transform fundraising, grant distribution and nonprofit management into a truly transparent and democratic process.
A merge between crypto and philanthropy is already underway as decentralized autonomous organizations (DAO) and nonfungible token artists alike fundraise and donate crypto to nonprofits. But what does the age-old institution of philanthropy have to learn from emerging technologies in the crypto space? Additionally, what does crypto have to offer philanthropy that could improve the sector generally?