Digital Asset Outlook 2022
Bonus. Crypto-Philanthropy
Bonus. Crypto-Philanthropy Key Highlights •
Crypto-philanthropy has become increasingly popular among digital asset investors who have benefitted from wealth creation.
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The advantages of crypto-philanthropy, such as transparency and costeffectiveness, differentiate it from traditional means of donations.
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Crypto-philanthropy has been gaining momentum in North America. Innovations such as charity tokens and more transparent regulations could drive global market adoption.
Crypto-Philanthropy Theme Outline
13.1 What is Crypto-philanthropy? “Crypto-philanthropy” is poised for further growth and will exist alongside traditional philanthropy in 2022 and beyond. With the tremendous amount of wealth being created in digital assets and the increasing prevalence of this asset class, we believe crypto-philanthropy is a logical next step. In addition to accepting fiat currency, more charities accept bitcoin and other digital assets as donations and increasingly leverage blockchain technology for philanthropic purposes. Innovative pilots in the emerging crypto-giving space address the issue of transparency in giving (such that donors can openly track the flow of donations) and have tax advantages.
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