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Sunday, April 1, 2018

Third-largest cryptocurrency donates $29 million to teachers in need

  Mian Adeel Soomro       Sunday, April 1, 2018
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You can't say cryptocurrencies have never done anything good. 

Wednesday, education crowdfunding website DonorsChoose.org announced an enormous donation from cryptocurrency company Ripple, and its eponymous cryptocurrency ripple. The company behind the unique crypto, which has quickly risen to be the third-largest alternative currency behind ethereum and bitcoin, announced that it has donated $29 million to fund every project currently posted on DonorsChoose.

DonorsChoose allows teachers to ask for crowdfunded donations to give their classrooms books, educational technology, field trip assistance, and more. With Ripple's donation, DonorsChoose said in a statement that all 35,000 classroom requests on the site have been funded. The donations will affect roughly 1 million students and teachers in about 1 in 6 of all American public schools. Read more...

More about Charity, Social Good, Donations, Ripple, and Donorschoose

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