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Timeline of cryptocurrency and philanthropy

541 bytes added, 16:26, 16 January 2022
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! Time period !! Development summary !! More details
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| 2013–2015 || Early developments || Donations in cryptocurrency, particularly in Bitcoin, begin in 2013.|-| 2016 || Emergence Formalization || Organizations trying to do charity work and delivering aid through the form of Bitcoin begin to emerge, along with organizations that do impact investing based on blockchain technology.<ref>{{cite web |title=Blockchain for Philanthropy – Master of Development Practice |url=https://mdp.berkeley.edu/blockchain-for-philanthropy/ |website=mdp.berkeley.edu |access-date=14 December 2021}}</ref>
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| 2017 || Take off || Cryptocurrency donations accelerate in this year after Bitcoin hits US$20,000 for the first time. Over US$100 million in crypto is donated to the few organizations who are ready to accept Bitcoin. Since then, cryptocurrency donations would increase with estimates of $200-$300 million per year being donated in crypto.<ref>{{cite web |title=Is your nonprofit missing out on a huge crypto-tunity? |url=https://www.helenbrowngroup.com/is-your-nonprofit-missing-out-on-a-huge-crypto-tunity/ |website=Helen Brown Group |access-date=16 January 2022 |date=13 May 2021}}</ref>
! Year !! Month and date (approximately) !! Currency !! Cause !! Event type !! Details
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| 2013 || October 31 || Bitcoin || Education {{w|Poverty alleviation}} || Donation Recommendation || American early bitcoin investor {{w|Roger VerRipple Labs}} donates US$1 million worth of Bitcoin encourages people to give to the nonprofit organization {{w|Foundation for Economic EducationGiveDirectly}}, which provides a U.S. conservative libertarian economic think tankplatform for donors to make direct transfer resources to the extreme poor.<ref name="henryharvinsfwfrw"/><ref>{{cite web |title=WHO ARE THE RICHEST BITCOIN OWNERS? Bitcoin - Henry Harvin Help the World's Poor Via GiveDirectly and Ripple |url=https://www.henryharvinripple.com/bloginsights/whohelp-the-areworlds-thepoor-topvia-richestgivedirectly-bitcoinand-ownersripple/ |website=www.henryharvin.com Ripple |access-date=8 February 17 December 2021|date=31 October 2013}}</ref>
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| 2013 || October 31 Early November || Bitcoin || Emergency relief || Donation || Immeditely after {{w|Poverty alleviationTyphoon Haiyan}} || Recommendation || strikes the {{w|Ripple LabsPhilippines}} encourages people to give to nonprofit , charitable organization {{w|GiveDirectlySave the Children}}begins accepting Bitcoin donations via BitPay, which provides a platform for donors company that processes the donations. The charity becomes the world’s first {{w|INGO}} to make direct transfer resources to the extreme pooraccept a Bitcoin donation.<ref name="sfwfrw"/><ref>{{cite web |title=Help the World's Poor Via GiveDirectly Donate Bitcoin and Ripple other Cryptocurrencies |url=https://ripplewww.savethechildren.comorg/insightsus/helpways-theto-worldshelp/ways-poorto-viagive/ways-givedirectlyto-andhelp/cryptocurrency-ripple/ donation |website=Ripple Save the Children |access-date=17 December 2021 16 January 2022 |language=en}}</ref><ref>{{cite book |last1=Mehdi |first1=Khosrow-Pour, D. B. A. |title=Advanced Methodologies and Technologies in Digital Marketing and Entrepreneurship |date=31 October 9 November 2018 |publisher=IGI Global |isbn=978-1-5225-7767-6 |url=https://books.google.com.ar/books?id=cbJ2DwAAQBAJ&pg=PA343&lpg=PA343&dq=Save+the+Children+accept+a+bitcoin+donation+in+2013&source=bl&ots=MGct79-8y2&sig=ACfU3U3uK1yPqJVo3mFKmNDbKG6I9Zl1Dg&hl=en&sa=X&ved=2ahUKEwjxs4marLf1AhUUqpUCHUQCBXcQ6AF6BAgREAM#v=onepage&q=Save%20the%20Children%20accept%20a%20bitcoin%20donation%20in%202013&f=false |language=en}}</ref>
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| 2013 || November 30 || Bitcoin || Emergency relief Education || Donation || Immeditely after American early bitcoin investor {{w|Typhoon HaiyanRoger Ver}} strikes donates US$1 million worth of Bitcoin to the {{w|PhilippinesFoundation for Economic Education}}, charitable organization {{w|Save the Children}} begins accepting Bitcoin donations via BitPay, a company that processes the donationsU.S. The charity becomes the world’s first {{w|INGO}} to accept a Bitcoin donationconservative libertarian economic think tank.<refname="henryharvin">{{cite web |title=Donate WHO ARE THE RICHEST BITCOIN OWNERS? Bitcoin and other Cryptocurrencies - Henry Harvin |url=https://www.savethechildrenhenryharvin.orgcom/usblog/wayswho-toare-help/waysthe-totop-give/waysrichest-tobitcoin-helpowners/cryptocurrency-donation |website=Save the Children www.henryharvin.com |access-date=16 January 2022 |language=en8 February 2021}}</ref>This is the largest charitable Bitcoin donation to date.<ref>{{cite book web |last1=Mehdi Southurst |first1=Khosrow-Pour, D. B. A. Jon |title=Advanced Methodologies and Technologies in Digital Marketing and Entrepreneurship |date=9 November 2018 |publisher=IGI Global |isbn=978-Roger Ver, 'Bitcoin Jesus', Makes Largest Ever Bitcoin Donation of $1-5225-7767-6 Million |url=https://bookswww.googlecoindesk.com.ar/books?id=cbJ2DwAAQBAJ&pg=PA343&lpg=PA343&dq=Save+the+Children+accept+a+markets/2013/11/30/roger-ver-bitcoin-jesus-makes-largest-ever-bitcoin+-donation+in+2013&source-of-1-million/ |website=bl&ots=MGct79www.coindesk.com |access-8y2&sigdate=ACfU3U3uK1yPqJVo3mFKmNDbKG6I9Zl1Dg&hl16 January 2022 |language=en&sa=X&ved=2ahUKEwjxs4marLf1AhUUqpUCHUQCBXcQ6AF6BAgREAM#v=onepage&q=Save%20the%20Children%20accept%20a%20bitcoin%20donation%20in%202013&f=false |languagedate=en30 November 2013}}</ref>
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| 2013 || December 17 || Bitcoin || Digital privacy || Adoption || {{w|The Tor Project}}, a Seattle-based research-education nonprofit organization, starts accepting Bitcoin donations.<ref name="sfwfrw"/> In partnership with Bitpay, BTC can be donated to support Tor’s mission of being the global resource for privacy technology advocacy.<ref>{{cite web |title=Announcement: The Tor Project is now accepting Bitcoin Donations {{!}} Tor Project |url=https://blog.torproject.org/announcement-tor-project-now-accepting-bitcoin-donations/ |website=blog.torproject.org |access-date=28 December 2021}}</ref>
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