Pepe is yet another crypto furthering philanthropic efforts

Blockchain and cryptocurrency have revolutionized boundless industries, and the charitable space makes no exception. Even if the number of non-profits taking crypto donations stands at less than 1%, according to one of the world’s largest crypto-oriented fundraising platforms, The Giving Block, history suggests that financial revolutions eventually turn out to be game-changers for the philanthropic landscape. Non-profit organizations were called credit card donations into question when the beginning of their golden age started; yet, now, you can hardly find one that doesn’t accept them. Digital currency could follow in credit cards’ footsteps and become the norm sooner rather than later. The only difference between these situations is that crypto brings about extra advantages.

Cryptocurrency emerges as a powerful force in charitable giving, transforming how aiders approach donations and fundraising. While Bitcoin and Ethereum have dominated the crypto-philanthropy space, altcoins like Pepe demonstrate there are more innovative fundraising solutions that should receive more credit. Pepe’s intersection with philanthropy takes several forms. There are increasingly more non-profit organizations that take the crypto, such as the Save the Children organization, which leads by example regarding crypto-philanthropy. Among the reasons why the asset enjoys this favorable treatment is that it was quick to work through the ranks and secure the #25 crypto by market cap. So, if you have these tokens lying in your crypto wallet, know that you don’t have to exchange them for Bitcoin or Ethereum if the eyed NGO takes Pepe. It’s essential to check the Pepe price today to know how much you’ll donate or if waiting a bit until the price rises would be the wiser move than proceeding with the procedures. 

Pepe is carving out its own niche in the charitable space, so whether you’re a crypto enthusiast or donor who wants alternative ways to support your prioritized causes, the information below might be helpful. 

Photo source: https://www.vecteezy.com/photo/9583673-money-jar-with-coins-saving-for-donation-concept 

The intro

Cryptocurrency is no longer limited to the tech-savvy. According to Statista, over 40M people embraced digital currency in Q3 and Q4 of the last year. With the numbers spiraling upward, it’s easy to understand how this tendency helped Pepe rank higher in the top cryptos for donations. Several organizations have begun accepting Pepe tokens as donations, recognizing the potential of engaging with crypto-native communities.

This shift represents the rising mainstreamness of charitable giving, where digital asset possessors can contribute directly to causes they care about without needing to convert their assets into other currencies or digital currencies. 

NGOs can reach new donor categories 

Non-profit organizations that were quick to implement crypto payment methods have laid the foundation for enthusiastic organizations to follow suit. Early adopters are more easily remembered and rewarded. As investors increase their wealth through crypto, many choose to redirect their profits to social causes. Reasonably, they’d rather support a non-profit that takes cryptocurrencies like Pepe instead of one that sits on the fence.

In the US, donations are regarded like stocks and real estate – the difference is that they can be instantly exchanged on the open market. Donors aren’t subjected to capital gains tax, and they can even deduct the complete value. There are payment processors that, once employed, can exchange Pepe donations or other crypto donations into USD in a few seconds. The organization must go through a few security-oriented steps, like associating the crypto account with the bank account for the funds’ journey. 

Pepe in the crypto sphere

Pepe ($PEPE) is a meme-inspired cryptocurrency that emerged in 2023 as a unique initiative of a digital asset and managed to capture the crypto community's attention. Developed on the Ethereum blockchain, the crypto drew inspiration from the famous Pepe the Frog meme, quickly gaining popularity in the crypto market. Despite its comic side, Pepe has demonstrated it can be a remarkable presence, achieving substantial trading volumes and maintaining an active and engaged community.

A notable aspect showcasing the crypto project’s potential lies in its community-driven initiatives, such as the numerous charitable campaigns organized by the team that profited from the token’s standing to shed light on important causes. Some efforts included collecting donations for education programs, environmental conservation, and efforts regarding natural disaster damages. 

Making the headlines with the frog donation

Pepe’s visual hallmark is its comic and personified frog—a green frog that cracks a suspicious smile. Venturing into conservation-based initiatives, donating to endangered species of frogs seemed like a no-brainer for the dev team—and so it did. In 2024, Pepe made a public donation of $42,069 to @Savethefrogs charity! 

The organization is the first and most successful public charity worldwide focused entirely on conserving amphibian populations. Pepe’s donation was directed to the NGO’s grants program that works to restore amphibians’ habitat and further conservation efforts, protect endangered species, conserve the wetland, improve scientific research, and spread education. 

Outreaching younger donors 

Like many other cryptos, Pepe gained traction among younger generations, who are inherently more open to technological advances and groundbreaking financial developments. Charities can reach out to new types of donors by implementing crypto payments, which resonate highly with those in their 20s. By unlocking a new market, philanthropic organizations can engage fresh donor generations who are enthusiastic about funding causes but aren’t attracted by traditional fundraising means. 

As empathetic as Zoomers and millennials can be with various social causes, they also worry about financial waste and inefficiency. Blockchain-based donations via PEPE can improve transparency and confidence and match younger contributors’ visions. Let’s remember that one of the best advantages of using Pepe for charitable giving is the transparency brought about by blockchain technology. Every donation in Pepe is logged on Ethereum’s ledger, offering both organizations and donors access to an immutable record of transactions. This clarity helps build trust between participants while addressing one of the most pressing concerns in philanthropic giving – ineffective money spending. 

Bottomline 

Crypto donations’ efficiency, including Pepe-based ones, is not to be overlooked. Traditional donations involve multiple intermediaries, like banks and governmental bodies, translating to high fees and lengthy processing times. Pepe donations raise these barriers and further charitable efforts by helping organizations gather more money more quickly, regardless of the token used.