• Médecins Sans Frontières Receives $3.5 Million in ETH Donations from NFT Sales

  • Doctors Without Borders (MSF), an international humanitarian organization that provides medical help around the world, has received about $3.5 million worth of Ether as a donation – from the proceeds of NFT sales.

    The anonymous donor was “supported” by the Generative Art and Art Block communities, which have sprung up around the work of Non-Forgible Token (NFT) artists.

    According to MSF, the donation represented 25% of a series of art sales and was processed into Australian dollars upon receipt. The donation was sent through The Giving Block, a platform that facilitates cryptocurrency donations.

    “We are very grateful for the generosity of the Generative Art and Art Blocks communities. This game-changing cryptocurrency donation comes at a time when the COVID-19 emergency is exacerbating the already urgent medical needs of people around the world,” said Jennifer Tierney, Executive Director of MSF Australia.

    Cryptocurrency donations

    MSF – sometimes known through its English-language version, Doctors Without Borders – has been in business accepting cryptocurrency donations in Australia since earlier this year.

    “Doctors Without Borders Australia has been accepting cryptocurrency donations through The Giving Block since March 2021 and has received more than a dozen cryptocurrency donations this way,” MSF said in a prepared statement.

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    What’s more, donations like this one – according to The Giving Block co-founder Pat Duffy – are a key to driving cryptocurrency adoption.

    “Donations like this are rocket fuel for bringing cryptocurrencies and NFTs into the mainstream. it’s a transformative cryptocurrency philanthropy that allows the world to embrace this technology,” Duffy said.

    How will the money be used?

    MSF will use the money to continue providing medical assistance to those in need, according to a prepared statement.

    “With this transformative donation, MSF can continue to provide medical assistance when and where it is most needed, at the heart of our work,” the organization said.

    “At the heart of MSF’s work, from field hospitals to emergency projects, is a continued commitment to independence, neutrality and impartiality. These values drive MSF’s work in more than 70 countries, providing medical care to those deeply affected by disasters, epidemics, conflicts and limited access to health care,” MSF added.

    In addition, MSF will continue its work on women’s health, neglected populations and the global migration and refugee crisis.

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