The Bitcoin Donation Cup Brings Out the Best in Business Community Stan Higgins - CoinDesk
go to original June 14, 2014

A global bitcoin donation drive is gaining steam just as the 2014 FIFA World Cup gets underway. To date, 10 companies from across the world’s regional bitcoin economies have pledged their support to the 2014 Bitcoin Donation Cup.

Companies from Argentina, Brazil, Colombia, Mexico and the US are sponsoring the event, including BitPay, BitGive, Xapo, Mercado Bitcoin and Unisend.

The Bitcoin Donation Cup enables fundraisers to generate donations by bringing scannable QR codes to locations where the World Cup is being viewed.

Seventy percent of donations will be sent to a participating charity while the remaining 30% will be used to support the fans who are collecting donations by helping them pay for food, lodging and travel expenses.

Charities are chosen by participants in the donation drive, with BitPay processing the donations and approving the charities that get involved. As well, the BitGive Foundation is also raising funds to use for its charitable causes.

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