Cryptocurrency and blockchain technology have revolutionized not only the financial system but also philanthropic efforts đ. In 2024, the value of crypto donations surpassed $1 billion đ€Ż, reflecting the rapid growth of the crypto market and improved regulations đ.
Crypto philanthropy promotes transparency đ, reflects distrust in traditional institutions đ«, and redefines generosity đ€. However, questions arise about donor control over fund usage and balancing aid with recipient needs đ€.
Despite challenges, crypto philanthropy has the potential to promote transparency and trust đ, highlighting a new dimension of social values đ. As this space evolves, it's essential to address regulatory and ethical considerations to ensure the positive impact of crypto philanthropy đ.