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Ethereum Foundation Makes Second Crypto Donation to UNICEF

www.coindesk.com

UNICEF crypto portfolio manager Cecilia Chapiro said the fund is now accepting applications from startups in emerging markets to receive investments via this second donation of roughly 1,125 ether (ETH), or $262,000 at press time. According to a press statement, the fund is especially keen to invest in projects that “enable decentralized deal-making, for example through decentralized marketplaces” that “enable people to use, earn, and hold cryptocurrencies,” or “collect, aggregate and validate datasets for blockchain oracles.”.

He said receiving the investment from UNICEF was the startup’s first time using cryptocurrency. W3 Engineers also received an investment from Ethereum Classic Labs, $150,000 in fiat, so the team uses both Ethereum and Ethereum Classic blockchain solutions to develop its messaging app.

Read in Full: www.coindesk.com
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