Cryptocurrency Help End Homelessness. Today, the director of Newstory Charity – Brett Hagler posted a tweet about meeting and talking about the project to build housing for the homeless in low-income countries.
Newstory Charity is a non-governmental, non-profit organization. Since 2015, they have built 2529 homes across 4 countries for the homeless.
In 2017, Newstory received $2 million in 220 BTC donations from the Pineapple Fund. This is also seen as a test of the organization’s crypto-philanthropy. In addition, this is also the organization’s largest cryptocurrency donation to date
To attract more crypto funding, one of New Story’s longtime supporters, Ramon Ramentol, led New Story’s first peer-to-peer crypto campaign. He calls it One More Home, “leveraging the Internet of Values to help New Story Charity build One More Home for a struggling family in El Salvador.”
The campaign focuses on XRP, a digital asset built for payments owned by Ripple. Ramon used a Twitter bot to collect donations through a digital wallet, and when the XRP community hit his fundraising goal, he donated 100% of the cryptocurrency directly to New Story.
There have been over 100 small donations, totaling $30k during Ramon’s campaign.
Organize the fundraiser for about six months. This initial donation, converted from XRP to USD, raised a total of $52,000.
With no extra effort, New Story made an extra $22k. This increased the impact of the campaign and allowed New Story to build a total of 5 homes, housing more than 20 people in El Salvador.
Realizing the potential and growth of the Cryptocurrency Community, the fund has partnered with ICON and Echale to create the world’s first 3D printing community, wishing to use cryptocurrency technology to pioneer solutions to end homelessness globally wide fundraising opportunities.
Today, the director of Newstory Charity – Brett Hagler posted a tweet about meeting and talking about the project to build housing for the homeless in low-income countries.
Brett is the CEO and Co-Founder of New Story, an innovative nonprofit founded in 2015, pioneering solutions to ending homelessness globally. Brett’s a Y Combinator aluminum, 2016 Forbes 30 Under 30 Entrepreneur, author, speaker, and cancer survivor.
In chat Brett Hagler and the team at NewStoryCharity have partnered with coinbase and Bitcoinbeach to bring affordable housing to families in El Salvador. Bitcoin and Lightning Network are used to process monthly mortgage payments.
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