From Crypto to Community: How volunteers are using cryptos to aid the homeless

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'Charity comes in many shapes and forms. For some, the easiest way to do it is by making a contribution to Oxfam. Others have a more personal touch, by personally volunteering to distribute essential items to those in need. Tuden is one of the latter.'

– Brad Garlinghouse, CEO of Ripple Labs

“Most of the time, it was only food. But earlier this year, I did distribute blankets. A bunch of blankets because it was getting really cold here.” Tuden, like many who populate the crypto-space today, once had just a mere passing interest in cryptos. Even then, he used to shy away from investing owing to the seemingly complicated nature of these digital assets. An asset class that has a history of overwhelming and even, intimidating people.

Crypto-donations are not something out of the blue though. During the peak of the second COVID-19 wave in India, Ethereum founder Vitalik Buterin transferred cryptos worth millions to several non-profit organizations in the country. In fact, this was one of the largest individual philanthropic efforts in history.

Well, as unusual as it may sound, it was 2017’s Blade Runner 2049 that did the trick. According to the exec, the dystopian film birthed in Ken the idea of digital currencies – A dark future where even the poor can hold something like a barcode so that people can donate credits.

 

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