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Donation to help disaster relief! The Giving Block has established a relief fund for the victims of the California wildfires, raising 2 million to provide full assistance.
The disaster of the California wildfires has shocked the world, with donations pouring in from all sides to local relief organizations. The non-profit organization The Giving Block, which focuses on Crypto Assets emergency relief, has also set up an emergency relief fund for the victims of the disaster, and plans to raise $2 million to provide full assistance.
The disaster of the Los Angeles wildfires has now led to over 100,000 evacuations.
Los Angeles has long been affected by the Santa Ana Winds. In the past week, there have been multiple wildfires in various parts of California, burning an area of nearly 8,900 hectares, equivalent to half the size of Taipei City. According to the Los Angeles Fire Department, 12,000 buildings have been destroyed, over 100,000 people have been evacuated, approximately 450,000 people are without power, and there have been 24 deaths, with the possibility of the death toll increasing.
Some areas of California have become a sea of fire, and local buildings have been engulfed in flames. The disaster relief fund aims to raise 2 million US dollars, with the CEO adding an additional 1 million.
After the news spread, donations from all parties continued to pour into local relief organizations. The Giving Block, a non-profit organization dedicated to cryptocurrency emergency relief, has also set up an emergency relief fund for the affected households, with a goal of raising $2 million to provide full assistance to the local victims. Jared Isaacman, CEO of The Giving Block, also took the lead by donating $1 million as a relief fund and helped achieve the fundraising goal.
Experienced in crisis relief, from wildfires in Maoyi Island to hurricane rescue in the United States
The Giving Block has provided encryption donations in multiple disasters in the past:
2023 Maoyi Island Wildfire: The company has initiated a post-disaster reconstruction fund and donated over 500,000 US dollars.
2024 Hurricane Rescue: Raise $1 million for post-disaster relief for hurricanes Helene and Milton to help residents affected by flooding and damage on the east coast of the United States.
In addition to disaster relief, The Giving Block also partners with thousands of non-profit organizations, such as:
American Cancer Society
Animal Rights Organization PETA
Child Nutrition Support Organization No Kid Hungry
The image shows The Giving Block collaborating with non-profit organizations to donate Crypto Assets in the future, with a goal of reaching or exceeding 100 billion USD within 10 years.
According to The Giving Block's 2023 report, Crypto Assets donations are expected to exceed $10 billion in the next decade. Vitalik, co-founder of Ethereum, also donated nearly 5 million US dollars worth of Ether (ETH) to Ukrainian refugees affected by the Ukraine-Russia war in April 2022. In summary, using cryptocurrency as a donation method is becoming one of the main modes of global charitable assistance, not only becoming an important force in disaster relief, but also potentially becoming a major driving force in the field of public welfare.
(行善不欲人知,Vitalik Buterin quietly donated $5 million to help Ukraine)
This article encryption donates to disaster relief! The Giving Block has established a relief fund for California wildfire victims, raising 2 million euros to provide full assistance. First appeared on Chain News ABMedia.