| Notes |
Ripple for Good will reportedly operate in collaboration with RippleWorks, an existing non-profit that connects social ventures and volunteers with expertise in diverse fields, and counts Ripple executive chairman Chris Larsen as a co-founder. RippleWorks has to date reportedly “worked on 70 projects in 55 countries.”
One high-profile Ripple investor, actor Ashton Kutcher, made headlines with a charitable bid this spring when he donated $4 million Ripple (XRP) to Ellen Degeneres’ Wildlife Fund, which was established to support global conservation efforts for critically endangered species.
Other major charitable initiatives in the crypto space this year have included the non-profit initiative GiveCrypto.org, which was launched by CEO of crypto exchange Coinbase Brian Armstrong this June. The project aims to distribute donated funds through “direct-cash transfers in the form of cryptocurrency,” and “provide universal access to an open financial system.” |