coincodex.com
Key takeaways:
- Crypto.com is making a donation of $1 million to Water.org; the funds will go towards providing safe water and access to sanitation in developing countries
- In addition to the charitable contribution, Crypto.com is looking to incentivize millions more to support the cause
Leading cryptocurrency exchange Crypto.com is donating $1 million to Water.org nonprofit organization, as a part of an effort to bring drinking water to people in developing countries. Besides making a sizeable donation, Crypto.com will also launch a promotional campaign to encourage millions of people to support the charitable cause.
Crypto.com is donating $1 million to bring water and sanitation to those in need
Water.org is a global nonprofit organization working to bring water and sanitation to millions of people across the world. Approximately 2 billion people lack access to a toilet, while roughly 800 million don’t have access to safe drinking water.
Founded by Gary White and American actor, producer, and screenwriter Matt Damon in 2009, Water.org has helped more than 38 million to date. The company facilitates market-driven financial solutions in order to aid developing countries. Matt Damontalks about working with Crypto.com:
"It takes innovative companies and smart solutions to solve some of the world's greatest social challenges, like universal access to safe water. Crypto.com and Water.org are both working toward positive transformation, and our innovative, financial solutions will help change lives and the world."
In addition to working with Water.org to mitigate the effects of the water and sanitation crisis, Crypto.com has also pledged to become carbon-negative before the end of 2022. Kris Marszalek, co-founder and CEO of Crypto.com, is excited to work alongside Water.org and encourages crypto users to support the cause:
"We are very proud to be working alongside Matt Damon and Water.org to directly support their mission while also encouraging crypto users across the globe to join us in this effort. The success and true potential of cryptocurrency will only come to pass when the greatest number of people have access to the tools needed to be in full control of our own lives, finances, and futures."
Crypto.com is arguably the fastest cryptocurrency platform in the world. The exchange crossed the 10 million users milestone back in February and has since announced major sports sponsorships with prominent organizations, such as the $175M deal with UFC and the $100M deal with Formula 1.
Crypto.com is an all-in-one cryptocurrency platform that includes the most extensive crypto card program, an impressive list of supported digital currencies, and a rapidly growing non-fungible token (NFT) marketplace. Native CRO token powers the Crypto.com ecosystem; the price of CRO has increased by more than 7% in the past week and 235% year-to-date.