Fund a charity project with cryptocurrencies

I would like to finance a charitable project with cryptomonnaies. How to do ? Cryptocurrency and blockchain open up new perspectives for collecting donations and financing humanitarian, charitable or ecological projects.

Thanks to these decentralized technologies, we can now receive funds from from all over the world in a transparent way, without intermediary. More and more associations, NGOs and foundations have understood this and begin to integrate Web3 and cryptocurrencies in their fundraising strategy.

But concretely, how to go about making the best use of crypto in the service of your solidarity project? In this article, we are going to explore in depth all the tips and best practices for succeed in raising funds in cryptocurrency and use them optimally for your action. We will review the choice of platform, the most suitable cryptos, the most effective promotion techniques, as well as the optimized management of donations collected. Ready to take your fundraising to the next level with blockchain? Let's go !

Choose the right platform

The first step is to choose the technical platform that will allow you to collect your donations in cryptocurrency. Several specialized websites now exist, which greatly facilitate the reception of cryptodonations and their conversion into local currency to finance your actions. These dedicated platforms also offer increased visibility to your campaign thanks to exposure to the crypto community. To make the best choice, compare in detail the different options available to you. GiveTrack, Alice, Helperbit, Giveth are general platforms known to collect cryptodons.

Others specialize in specific causes: Save the Children for the rights of the child, UNICEF, WWF for animal and environmental protection, The Giving Block for ecological projects… Choose the one that best matches the theme of your fundraising. This first step in choosing a host is crucial to allowing your cryptodons campaign to take off!

Accept the most relevant cryptos

Once your platform has been chosen, you must determine the cryptocurrencies that you will accept for your donations. Indeed, not all cryptos are equal for raising funds effectively. Bitcoin is obviously the best known and can attract significant contributions thanks to its notoriety. But its high transaction fees and slowness make it moderately suitable for small and medium donations.

The dollar-backed stablecoins such as USDC or BUSD have the advantage of high stability and minimal transfer fees. They are therefore excellent choices for raising funds, as their value is not subject to speculative fluctuations. There are also cryptocurrencies specifically designed for donations, such as Paras or Care. Those " charity coins » facilitate charitable contributions at the technical level. They can be a good choice if your donor community is aware.

You can also create your own cryptocurrency, a native token dedicated to your fundraising. This option allows you to mobilize your community around a cryptocurrency bearing your identity or that of your project. But the creation of a token requires advanced technical skills.

Effectively promote your collection

Once your platform is configured and your cryptocurrencies activated, it is time to actively promote your campaign to collect as many donations as possible. Several complementary techniques can be implemented to raise public awareness and widely disseminate your call for cryptodons.

First of all, mobilize your existing community via your usual communication channels: emailings, social networks, website... Explain to your supporters and donors regulars this new possibility of contributing in cryptocurrency. They will surely be seduced by this modern and transparent way of helping you. To reach beyond your close circle, bet on the power of social networks by posting your appeal for donations on Twitter, Facebook, Instagram, TikTok… Target primarily the influencers and opinion leaders of Web3 with whom to get in touch.

Don’t hesitate to cross-relay your messages between your different accounts. You can also target the crypto community through dedicated forums like Reddit, BitcoinTalk or certain Facebook groups. Bring real value added in your posts rather than simple spam. Explain in detail how you will use the funds to generate engagement. To give substance to your action, nothing beats reality: organize online or physical fundraising events to present your project in concrete terms. A well-produced video can also bring your campaign to life.

Finally, ensure optimal referencing of your collection page to appear in search engine results. Thanks to this 360° promotion, your collection of cryptodons will meet the expected success. Be creative and work tirelessly to make it impact!

Manage and use funds optimally

Congratulations, your collection campaign is coming to an end and the cryptodons are flowing! But your mission does not stop there. You must now ensure rigorous management of the funds received, and use them optimally for your solidarity action. Here are some tips to achieve this. First, carefully configure the platform to regularly convert cryptocurrency in local currency. The value of cryptos varies constantly: it is therefore better to convert them frequently than to wait.

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You will thus limit the impact of their volatility on the final amount obtained. You must also secure the collected cryptos before conversion. To do this, set up a reliable digital wallet that will store your funds securely before transfer. Trezor and Ledger are two options robust to store your cryptodons.

Define upstream the maximum percentage of the sums collected which you will devote to the technical and administrative costs inherent in the collection and conversion of cryptos. Set this ratio as closely as possible to allocate the maximum number of donations to your action. Manage the destination of funds transparently, with precise objectives. Report publicly and regularly on the use of donations.

Conclusion

Cryptocurrency offers promising prospects for associations, NGOs and charitable actors wishing to raise funds in an innovative way. But succeeding in this area requires real technical and marketing expertise. By choosing the appropriate platform, the most suitable cryptos, and by carrying out creative promotion, you will maximize the donations collected. Then ensure that the funds are managed flawlessly and account for it publicly.

Thanks to this total control from collection to use, you will get the most out of cryptocurrency to finance your positive impact action. And you will pave the way for a more virtuous fundraising model. So don't hesitate any longer: bring your collection into the blockchain era today.