CanadaHelps is now accepting donations in Cryptocurrency. CanadaHelps is the country’s largest platform for donating and fundraising online and supports Canada’s 86,000 registered charities. Since its inception, Canadians have donated over $2 billion to Canadian charities using CanadaHelps.
This new crypto payment initiative was launched to encourage donations from the younger donors, the primary holders and buyers of Cryptocurrencies. According to The Giving Report 2022, younger Canadians are giving at a much lower rate than the older generation, and the acceptance of Cryptocurrency aims to reverse this trend.
“Since our inception, CanadaHelps has been focused on driving generosity through innovation. As technology and digital solutions continue to transform our lives, we’re making it easier for Canadians to engage with and support the charities they care about. At the same time, we are helping charities raise the critical funding they need to provide the services that a growing number of Canadians rely on,” said Jane Ricciardelli, Chief Operating Officer and Acting CEO of CanadaHelps. “The launch of cryptocurrency on CanadaHelps is another key step we are taking to engage younger Canadians in giving.”
To ensure donations are carbon-neutral, CanadaHelp has partnered CarbonX, an environmental software fintech designed to drive the transformation to a lower-carbon world economy by creating investment for carbon mitigation projects.
“We are pleased to be partnering with CanadaHelps to give Canadians the choice to donate cryptocurrency while ensuring its carbon neutrality,” said Don Tapscott, Chairman at CarbonX, world-leading blockchain expert, and co-author of the book, Blockchain Revolution. “Cryptocurrency adoption is growing amongst young Canadians in particular, and those who choose to donate cryptocurrency through CanadaHelps can rest assured that their gift will be carbon neutral.”