Bitcoin Nonprofit BitGive Launches GiveTrack 1.0
Santiago, Chile — December 5, 2018 — BitGive, the first Bitcoin 501(c)(3) nonprofit, has announced the launch of GiveTrack 1.0, the latest version of the flagship Bitcoin donation platform designed to enhance transparency in the donation process and empower donors to give more through direct, evidence-based reporting. Launched at the Latin American Bitcoin and Blockchain Conference in Santiago, Chile, GiveTrack 1.0 offers numerous technical upgrades from the beta product, including a brand new technology stack and easy onboarding for donors and nonprofits. In tandem with the launch, BitGive is announcing a Global Bitcoin Fundraiser in support of the four new nonprofits available on the GiveTrack platform.
The participating nonprofits include:
Code to Inspire — Code to Inspire (CTI) is the first coding academy for girls in Herat, Afghanistan. CTI has given more than 150 female students the skills and confidence to code, build apps, and generate work opportunities for themselves. Code to Inspire is fundraising to provide their 2019 class of students with updated computers, faster and more modern equipment, as well as upgrading the Internet connection and speed to maximize productivity and enhance the learning process.
Desafio Levantemos Chile — Desafio Levantemos Chile funds projects throughout Chile through microfinance, in which beneficiaries are empowered to play a lead role in managing and sustaining their own solutions. Desafio plans to provide more than 390 low-income children with sports equipment, providing an alternative sporting outlet so they will have a higher likelihood of staying away from crime and drugs and will also have a greater chance of being successful.
America Solidaria — America Solidaria works directly on social projects with the poorest and most underprivileged communities in the Americas, dedicated to improving quality of life. Specifically, America Solidaria is raising funds to develop leadership skills among youth between ages 10-24 to become agents of social change and rebels with a cause (Concausa) that address the Sustainable Development Goals 2030.
Run for Water — Run for Water addresses the clean water crisis in Africa by providing access to clean water in local communities of Ethiopia. The nonprofit is raising funds to bring the community of Waraba, Ethiopia, an underground fresh water spring for clean water. The local community of 2,175 people currently uses the local river as a source of water for both humans and animals, causing serious water borne illnesses, particularly in children.
Connie Gallippi, Founder and Executive Director of BitGive, said: “One of BitGive’s core missions has always been to leverage the potential of Bitcoin and blockchain technology for more than just simple transactions and to build products that can actually make a real difference. With GiveTrack 1.0, we’re providing a legitimate use case for the technology — utilizing the unique benefits of Bitcoin and blockchain, such as speed, transparency and security, to revolutionize the donation process. We’re hoping that the launch of GiveTrack 1.0 and the initiation of our Global Bitcoin Fundraiser will empower the global Bitcoin community to unite and give back to worthy causes this holiday season.”
As part of the campaign’s goal to encourage corporate donors to give $5K or 1 bitcoin (#Give1BTC) this holiday season, RSK, the creator of the first Bitcoin smart contract, has announced it will kickstart the campaign with a generous donation in the amount of $5,000. In addition, Bloq, a leading blockchain innovation company, has also announced a $5,000 campaign donation. These donations will be spread evenly across all of the participating nonprofits, and will help jumpstart each on meeting their fundraising goals.
Diego Gutierrez-Zaldivar, RSK/RIF Labs CEO, said: “We believe in BitGive’s value proposition to put Bitcoin and blockchain technologies to the service of charitable initiatives. Making the donation process easier, and more importantly transparent, is a great contribution to making the world better; and we are very excited that they have chosen the RSK Smart Contract Network to build this innovative technology.”
GiveTrack offers unprecedented transparency in the donation process, giving donors the ability to trace transactions on a public platform in real time. Donors can see exactly how their funds are spent and ensure they reach their final destination. In addition to an entirely new framework, GiveTrack 1.0 offers multi-signature bitcoin wallet security and smart contracts that leverage RSK technology. GiveTrack also provides donors with direct evidence-based reporting for their donations through milestones.
Peg Peters, Executive Director at Run for Water, said: “We are very honored to be working with Connie and the entire team at BitGive. We’re delighted to expand to a global and digital network that is excited to use technology and innovation as a force for social impact. We’re proud to be a member of this new launch for GiveTrack and are looking forward to being part of this revolution for philanthropy!”
Fereshteh Forough, Founder and CEO of Code to Inspire, added: “We look forward to working with BitGive, as we see Bitcoin and blockchain technologies having a bright future in philanthropy. By utilizing the GiveTrack platform, we’re able to target a network of charitable donors in the cryptocurrency space, which will give us greater opportunity to achieve our broader goals.”
GiveTrack 1.0 will go live today and is available for donations at https://www.givetrack.org/.
BitGive was founded in 2013 by leading industry figure Connie Gallippi. Based in California, BitGive is the first Bitcoin 501(c)(3) nonprofit recognized by the U.S. government. The organization aims to bridge the gap between the Bitcoin and Blockchain industry and its practical applications for humanitarian and nonprofit work.
BitGive facilitates the fundraising for charitable donations using bitcoin and remains dedicated to using today’s cutting-edge financial technologies for social good. The first of its kind, BitGive is revolutionizing global philanthropy through technology with its flagship project, GiveTrack.
The organization has established strong partnerships and raised funds with prominent nonprofits that include Save the Children, The Water Project, TECHO, and Medic Mobile.
For more information, please visit www.bitgivefoundation.org.