Susan G. Komen, which is one of the key breast cancer foundations across the globe named after the late fashion model, has started to embrace cryptocurrencies by collaborating with donation solution The Giving Block. This means that cryptocurrency investors from various parts of the world can easily donate Shiba Inu, Dogecoin as well as Dogelon Mars. This will help the charity organization to provide health awareness education as well as fund research into breast cancer.
The organization is named after Susan Goodman Komen, who was diagnosed with breast cancer and died at the age of 36 years. After her demise, Nancy Brinker, the sister of Susan Goodman, established the organization in 1980. Komen requires donations so that she can provide health education as well as fund breast cancer research. Now, its investment has exceeded more than $11 billion after its establishment.
Cryptocurrency investors are urged to donate crypto by replacing cash because it is tax efficient. Another point to be noted is that the Internal Revenue Service, also known as IRS, classifies cryptocurrency as a part of the tax. The Giving Block, which was founded in 2018, has joined hands with numerous charities. Another organization named Humanity Forward, founded by Andrew Yang has started accepting cryptocurrencies in May. Recently The Giving Block has made an announcement about its new service, which is working hard to make the entire process of donation with crypto easier for the rich investors. Not only this, but also the organization has also introduced 15 new funds which organize non-profits around the same issues by making it easier for the donors to support them.
Susan G. Komen has numerous branches in more than 50 countries, and its affiliates are situated in Italy and Germany. In fact, the non-profit organization has opened its branches in Egypt, United Arab Emirates, Saudi Arabia, and Jordan.
Komen is looking for new ways to raise money, not just in fiat currency but also in cryptocurrency. The group is taking donations in a variety of modes in order to finance breast cancer research. They also utilize the funding to educate women about how to spot cancer early. Since 1982, they are said to have spent about $1.1 billion on breast cancer research.
In other news, Shiba Inu was trading at $0.00003812 at the time of publication, up +2.86 percent in the 24-hour day trade. Dogecoin is currently trading at $0.19, up 2.57 percent, while Bitcoin is currently trading at $50,843, up 1.93 percent.