Borneo Orang-Utan Survival Foundation (BOS) and Adopt1000families are charity foundations in Germany and Nigeria respectively. Both organizations have begun receiving Dash cryptocurrency from donors and can be said to be among the first platforms to accept this digital asset. They aim to ensure that donations are received on time and transaction fees are not levied on them.
Charity Foundation Focuses on Rescuing Endangered Apes
BOS is an organization that focuses on the rescue of endangered orangutans, a certain species of apes in Indonesia. The organization said the new payment feature would enable its customers to make financial contributions securely. Accordingly, the funds they receive will go into creating projects that will ensure these animals are not extinct.
A Dash representative made comments and said, it was not difficult to encourage BOS to add the Dash payment feature. This is because both companies have a similar goal of making the world a better place. While Dash aims at making the world better for people through the use of money, BOS seeks to improve the environment for apes.
1000 Families to be Adopted in Nigeria
Adopt1000families, on the other hand, is a charity group that focuses on Nigerians. This is a foundation that has made plans that in December 1000 families will be adopted. These families will be among those to receive donations that will help in providing for their basic needs. Therefore, a more secure and convenient method of payment is required.
The organization revealed that a lot of money is usually lost when payments are issued in fiat currency. This is because transaction fees are always imposed on them and as such, it tends to affect the final amount received. They pointed out that several people outside the country were ready to give to a cause, but only a certain percentage of their donations is usually received due to offshore charges. There was also the issue of delayed payments.
Cryptocurrency to Ensure Faster Payments
Therefore, settling to receive cryptocurrency donations will ensure that the funds remain intact and they are also sent without delays. Dash was then seen as an alternative that will make this possible. Reports reveal that adopt1000families is localized in one country, but can reach a large number of people across borders, thanks to the internet.
Of recent, Dash has been adopted by several grocery stores in Venezuela. This can also be said about Church’s chicken, a reputable restaurant which began accepting the digital asset. Accordingly, anyone in Venezuela who visits any of this restaurant’s location will be able to buy food using dash.