Cryptocurrency-based charity Elongate announced on Friday that it will donate $ 25,000 to Malala Fund as a result of a seed search.
Elongate issued a statement saying donation is the seed of the fund’s first round of donations. Elongate is the cryptographic currency code in the Binance Smart chain. About 10% of event award holders donate significant sums to charity to promote social and community impact.
The organization has long been involved in charity, including ocean cleansing, anti-hunger action, and the National Kidney Foundation. The organization has made a total of $ 3,250,000 in donations from the organization over three months.
Malala and Ziauddin Yousafzai founded the Malala Fund as a donation recipient in 2013 and supported women’s rights to enjoy 12 years of free, safe and quality education, as more than 130 million young girls are now out of school. According to the Malala Fund, due to political challenges.
In addition to the donation, Elongate is actively developing other encryption and blockchain-related charities, such as hosting a non-exchangeable token drop charity campaign this month.
“I am pleased to say that the elongated ecosystem will continue to expand in the coming months,” Gene Rhode, Elongate’s director of marketing, has commented on Elongate’s recent operations.
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