BlocksInform
Decentralized Finance (DeFi) focused automated donation platform, Munch has inked a partnership with crypto-based donation platform, The Giving Block. The partnership seeks to help Munch users and investors give out a portion of their earnings to charity. Per the details of the forged relationship, Munch will become exposed to a broader ecosystem to help advance its basic tenets of giving to non-profits.
Cryptocurrency-based donations are fast becoming enshrined in the growing world of digital currencies. While charity-related activities and giving are central to new projects in the DeFi world, Munch’s dive to help non-profit organizations recertify the essence of our humanity. With the link-up with The Giving Block, the former organization is connected to a host of non-profits that can be funded, As well as other unique benefits.
While the ultimate goal is to reach out to those who need help the most, non-profits within the Giving Block network will be able to accept the Ethereum-based donations from Munch, while Munch’s profile will be created on The Giving Block platform. Prior to this partnership, Munch had a growing record of fund donations, marked by a $1 million donation to GiveWell Maximum Impact Fund. This non-profit helps combat Malaria and other diseases in Africa and developing countries.
In the trailing two months period, Munch has raised as much as $3 million for charity according to Alex Wilson, the co-founder of The Giving Block. He noted that “Not only will this support amazing causes and deliver major impact, but it will continue to expose a new audience to cryptocurrency.”
“This partnership gives us the reach to offer our community more causes they care about. With our future development, this is set to do a tremendous amount of good for a lot of people,” said Rodrigo Silva, CEO of Munch while commenting on the partnership with The Giving Block.
