ADVERTISEMENT

[email protected]

  • Submit Press Release
  • Submit Guest Post
  • Write for Kryptomoney.com
Latest Crypto News
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
Latest Crypto News
No Result
View All Result
Home News

US Foundation to Use Cryptocurrency in the Fight Against Amazon Deforestation

KryptoMoney by KryptoMoney
September 5, 2019
in News
0
US Foundation to Use Cryptocurrency in the Fight Against Amazon Deforestation
0
SHARES
75
VIEWS
Share on FacebookShare on Twitter

A New York based non-profit NGO is now extending its reach to parts of South and Central America, in a bid to use cryptocurrency and blockchain technology to fight against deforestation and forest fires in the Amazon forest. According to a publication on the official website of the Rainforest Foundation U.S., the organization is “calling out to members of the cryptocurrency community” for support.

The NGO further places some blame on the current Brazilian administration, suggesting that deforestation got worse under the regime:

“Since Bolsonaro took office in January, deforestation in the Brazilian Amazon is up 75% and forest fires in the Brazilian Amazon have doubled compared to the past year. As guardians of our rainforests, its animals and its people, we are working with The Giving Block to form a coalition of crypto sponsors, donors and media partners who will help stop this devastation.”

The post further mentions a “blockchain transparency pilot program which will allow all interested participants to easily track the progress of all the efforts being carried out in the Amazon Rainforest. Furthermore, Rainforest Foundation U.S.  is looking to use crypto as a reward system for local communities who are as committed as they are, about protecting their forests.

The foundation is accepting donations in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). On why the foundation is specifically asking for cryptocurrency donations, the publication says:

“In the United States, and many other jurisdictions, cryptocurrencies are classified as property for tax purposes (like stocks). This means that when you donate appreciated crypto directly to a nonprofit, you don’t owe capital gains on these earnings, and neither does the nonprofit. You can donate more, and pay less in taxes. It’s that simple.”

Image Credits: Stock Photo Secrets

Tags: amazon rainforestBitcoin CashBitcoin NewsbolsonaroBrazilCryptocurrency Newsethereumlitecoinrainforest foundation
Previous Post

MasterCard Is Now A Member of R3’s Marco Polo Blockchain Trade Network

Next Post

Ethereum Price Analysis - ETHUSD Still Under Bearish Pressure

Next Post
AUM

Ethereum Price Analysis - ETHUSD Still Under Bearish Pressure

Recent Stories

Government of Pakistani Province Announces Launch of Bitcoin Mining Farms

Government of Pakistani Province Announces Launch of Bitcoin Mining Farms

January 14, 2021
halving

Google Data Reveals “Ethereum” Searches Hit All-Time High

January 14, 2021
BTC/USD

BTC Price Analysis: In a Return Rally BTC/USD Grinds Past $40,000 Amid Grayscale Bitcoin Purchase of $80M

January 14, 2021
Wunderbit Trading

Wunderbit Trading – Copy Trading Platform That Suits All 

January 14, 2021
bitcoin

Top 7 Open-source Code Bitcoin Wallets

January 14, 2021
Bitcoin

Bitcoin Institutional Investors Not Worried About Recent BTC Decline

January 13, 2021
Crypto Analyst

Crypto Analyst Predicts BTC Will Plunge Below $20,000, BTC Up Over 2.7%

January 13, 2021
DOT/USD

DOT Price Analysis: Massive Liftoff on DOT/USD to $10.98, On-Chain Data Indicates a Climb in Polkadot Volume

January 13, 2021
Financial

HQLAx Secures $17.5 Million from Top Financial Institutions

January 12, 2021
Rebounds

PayPal Crypto Sales Reach New High As Bitcoin Rebounds

January 12, 2021

Email Subscription

Pages

About Us

Contact Us

Disclaimer

Get Latest Cryptocurrency And Bitcoin News

Privacy Policy

Write for Kryptomoney.com

Category

Events

General

Interviews

News

Price Analysis

Press Release

Sponsored

Information

About Us

Submit Press Release

Submit Guest Post

Contact Us

Social Icons

[email protected]

©KryptoMoney 2019 | Southridge Internet Corp

No Result
View All Result
  • Resource List
  • News
  • Price Analysis
  • Events
  • Press Release
  • Sponsored

©KryptoMoney 2019 | Ess Commerce Private Limited

  • bitcoinBitcoin (BTC) $ 39,522.00 9.96%
  • ethereumEthereum (ETH) $ 1,218.00 10.58%
  • tetherTether (USDT) $ 0.998085 0.37%
  • bitcoin-cashBitcoin Cash (BCH) $ 529.25 9.62%
  • binancecoinBinance Coin (BNB) $ 41.30 4.64%
Our websites require cookies enabled to provide you with an uninterrupted experience. Please continue without changing your setting to receive important notifications.I Agree