Sunday, June 23, 2024

    AidCoin to Match Winning Bid in FIFA World Cup Auction for Marine Charity

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    Charity-focused AidCoin will be matching the winning bid in a charity auction. The funds raised by the sale of 2018 FIFA World Cup prizes will be donated to The Blue Marine Foundation (BLUE) charity.

    AidCoin Working with BLUE to Protect the Ocean Around Menorca

    The winning bid in the charity auction was for £5,000. The lot the winner managed to scoop was a bundle of FIFA World Cup prizes. These include the chance to open the tournament being held in Russia this month. As well as this unique experience, the winner will also receive tickets to the England vs. Belgium match being held on June 28, return flights, luxury lodgings for their time in Russia, and a host of other goodies. Both the winner of the auction and a child aged 12-17 are invited to enjoy the spoils.

    The prize package was donated by Sunseeker International – a high-end British yacht manufacturing firm. It was won yesterday after the conclusion of the auction that was overseen by CharityStars, a platform that makes it possible for winners to live a dream while supporting worthwhile causes.

    Bids for the monster prize haul were accepted in AidCoin, as well as Bitcoin and Ethereum. AidCoin themselves will match the £5,000 bid and donate it to the marine charity BLUE.

    BLUE will use the funds to support one of their newest projects. The goal of it is to help protect the seas around the Mediterranean island of Menorca. The area suffers greatly at present from unregulated fishing, tourism, and pollution. The programme should hopefully help to increase the numbers of fish living in the surrounding ocean, reduce plastic waste, and educate the recreational boating community about the importance of marine conservation.

    The CEO of AidCoin spoke to about the auction. Francesco Nazari Fusetti said:

    “AidCoin is pleased to be supporting BLUE’s latest project. We believe in the power of AidCoin to reinstall trust in the face of recent adversities within the financial management of charities. It enables a transparent, trackable and completely secure means of donating to charities via the Ethereum blockchain.”

    He went on state the importance of cryptocurrencies disruptive potential in a number of sectors. He added to this that he felt it time for the charitable sector to also ‘reap the benefits’ of digital currency.

    The auction by AidCoin is hardly the first act of charity that has been associated with cryptocurrency, however. Earlier this year, we reported on GiftCoin, another crypto that had been built for altruistic purposes. There was also the move by Unicef Australia to use in-browser cryptocurrency mining to fund their aid programs. The HopePage launched in late April and allows visitors to donate a percentage of their computing power to mine Monero for good causes.

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