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Cuddle Inc. Brings Transparency to Charity With Crypto Donations

The crypto company Cuddle Inc. has launched a new project that will enable people to make crypto donations to local nonprofit organisations.

Now the most charitable crypto users will be able to donate to their favourite causes in their favourite form of currency through the latest solution of Cuddle Inc.

In this latest form of ethical banking, the project has taken an extremely transparent approach to charity, allowing all donations to be viewed on the blockchain; while additional insights will be available on the company’s website.

Describing crypto as “the perfect instrument to help in the fastest way possible,” the company’s co-founder said in an official statement: “We are excited to bring crypto to charities that are not yet onboarded, without knowledge about cryptocurrency from their side. 100 per cent of the donations to our charity partner widgets will be sent to the bank account of the related charity partner.”

“Crypto for good is our motto and we are excited to show the world what a great tool crypto can be for helping all over the globe most transparently”, added another company co-founder.

The solution enables nonprofit organisations to implement a widget on their website that contains an Ethereum address. In this way, anyone can make direct transparent donations that are recorded on the blockchain and be sure that 100 per cent of the intended funds go where they should. 

“Enabling the community to connect with their favourite good cause and be sure that their donation goes the intended way is the core reason behind the movement,” continued the statement.

“We hope more people will join our movement to create a clear sign that blockchain is the future for solving the transparency problem in the charity space.”

If you want to help and contribute to the movement you can donate to the company´s impact fund wallet. Halfof the donations are to go towards supporting other nonprofit organisations. 

If you want to donate to already onboarded nonprofit organisations directly you can check the implemented widget on their website and send it to their Ethereum address.

Author

  • Tyler is a fintech journalist with specific interests in online banking and emerging AI technologies. He began his career writing with a plethora of national and international publications.

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