One organization that supports communities in emergencies is using cryptographic hands to open doors to a “wider range of philanthropists”.
Backed by philanthropic provider The Giving Block, Corazón Latino is set to accept Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and many other cryptocurrencies to help achieve their goals of reconnecting communities to the environment and quickly responding to places like those affected. Natural disasters such as the COVID-19 pandemic.
The non-profit organization constantly implements initiatives aimed at ecotourism, nature conservation and climate resilience. In addition, Felipe Benitez, founder and CEO of Corazón Latino, says the organization has “enabled the mobilization of a rapid response to support communities” in emergency situations. Arizona, Puerto Rico, and El Salvador are among the countries that received support.
The founder notes that adapting new technologies will help the organization in the long run. He says they “believe that being at the forefront of new tools and technologies” is very important for their future.
“Cryptocurrency adoption will be part of our long-term strategy to enable us to be more inclusive, creative and innovative as we grow and adapt to our changing world.”
Benitez adds that their team will also use non-fungible tokens to highlight the beauty of the environment. Recognizing the fact that Puerto Rico has become a cryptocurrency hub, Corazón Latino will soon introduce NFTs containing the “most common” wildlife in Puerto Rico. “We hope that each virtual resource will reflect and exemplify our gratitude to Madre Tierra,” Benitez said.
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Meanwhile, The Giving Blocks annual report reveals that 2021 saw the largest amount of cryptocurrency donations in the platform’s history. The company said that donations grew 16 times from $4.2 million in 2020 to $69.6 million in 2021, making this year the largest crypto charity.