The world of philanthropy is changing day by day, and cryptocurrency plays a major role in this transformation, given that the industry has the potential to revolutionize the way charitable donation is given, by making it more transparent, secure, and effective.
Also Read: Cryptocurrency Donations Accelerate Global Reach During Crisis
where considered PAT WARS (PAWS) One of the newest cryptocurrency projects making waves in the industry, we will explore how it aims to achieve effective philanthropy and community welfare, with a focus on social awareness.
How are cryptocurrencies revolutionizing philanthropy?
Cryptocurrencies have revolutionized donation and charitable work, by providing a new channel for charitable contributions, and by enhancing transparency, security, and efficiency in donations, by leveraging the power of technology. blockchain.
Cryptocurrencies have also made cross-border donations faster, easier, and less expensive, increasing individual autonomy in developing countries, and among all unbanked nations.
In addition, cryptocurrency-based charitable donation enables donor privacy and anonymity, as well as tax benefits for donors, which include challenges and volatility, regulatory environment, education and awareness, security risks, transfer and liquidity.
Despite the potential benefits, significant challenges remain in using cryptocurrency for charitable purposes.
Community-Based Cryptocurrency: Pat Wars
considered as PAT WARS (PAWS) A new cryptocurrency project that values the community first, as it proves PAT WARS Its dedication to decentralization, transparency and democracy, by providing the community with the tools to collectively determine the direction of the project, through cross-voting PAT WARS DAO.
It also brings the community closer together, by providing those who purchase a token NFTs for PAT WARSWith exclusive content and privileges.
Also Read: Charities Missing Cryptocurrency Donations
On the other hand, investors can choose to direct the project’s efforts towards any charitable cause they deem worthy PAT WARS on a network Ethereumwhich gives it superior speed and security, and also makes it environmentally friendly, because it uses PoS proof of stake instead of PoW Proof of Workwhich requires more energy.