In a heartwarming bid to alleviate the crisis borne out of the ravages of war, a crypto-based charitable campaign dubbed ‘Children of Heroes’ has been launched to support children in Ukraine who have lost their parents in the ongoing conflict. The initiative spearheaded by Cointelegraph in collaboration with the charity fund ‘Children of Heroes’, is inviting people across the globe to wield the power of cryptocurrency for the noble cause.
Donations are accepted in several popular digital assets including Bitcoin, Ether, Dogecoin, and Litecoin, to name a few. The funds raised will be funneled toward long-term support for over 5,000 beneficiaries, who will be catered to until they reach adulthood. The ultimate mission of Children of Heroes is to extend a nurturing hand to over 10,000 Ukrainian children by the end of 2023, inducting up to 50 new children each day.
It’s important to note that the charity is registered in the U.S. state of Delaware, imbuing all donated sums with tax-deductibility. As reassurance to potential donors, the initiative employs Fundraise Up and Stripe to process donations and secure data, ensuring that contributions flow directly to a Coinbase wallet while the associated data is safeguarded on Stripe’s PCI-compliant servers.
The campaign has an inclusive focus, with funds allocated across six core areas: emergency aid, essential support, education and development, healthcare, socialization, and mentorship and career planning. To ensure tailored support, each beneficiary is assigned a “Family Helper” equipped to provide one-on-one care.
In parallel news, the world of cryptocurrency mirrors the reality of market volatility. While crypto value is taking a nosedive globally, Bitcoin has surged to new heights in Argentina following the victory of Bitcoin-friendly presidential candidate Javier Milei in the primary elections. In stark contrast, Bitcoin has seen a noticeable decline internationally over the past 30 days, underscoring the unpredictability of the crypto market.
In conclusion, while cryptocurrency may be a high-risk, high-reward game in the field of finance, its potential as a force of good is evidenced by campaigns like ‘Children of Heroes’, spotlighting the brighter side of the decentralization revolution.
Source: Cointelegraph
