The first cryptocurrency donor to contribute $250,000 or over will have the opportunity to choose a name for the fund
The American Cancer Society (ACS) has launched a cryptocurrency fund to support cancer research.
- The non-profit organization announced Tuesday it has partnered with cryptocurrency donations platform The Giving Block to launch the fund, setting a fundraising target of $1 million by early 2021.
- Cryptocurrency raised through the Crypto Cancer Fund will go directly to funding the society's cancer research program, supporting research for "new discoveries and better treatments."
- The first cryptocurrency donor to contribute $250,000 or over will have the opportunity to choose a name for the fund, such as after themselves or a loved one.
- Any donations of $10,000 or more will feature on the Crypto Cancer Fund “Wall of Honor.”
- Contributions in bitcoin (BTC, -2.43%), bitcoin cash (BCH, -7.93%), ether (ETH, -2.7%), litecoin (LTC, -6.19%), zcash (ZEC, -6.74%), gemini dollar, basic attention token (BAT, -3.18%), and chainlink (LINK, -4.56%) are accepted.
- “I
believe cryptocurrency will play a pivotal role in curing cancer,” said
Pat Duffy, cofounder of The Giving Block in a statement. “With Bitcoin
hitting a new all-time high, the creation of this new fund opens the
door for the booming crypto market to save lives.” source link : https://www.coindesk.com/american-cancer-society-launches-1m-cryptocurrency-fund
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