NOWPAYMENT’S PARTNER PROJECT, ELONGATE, WILL ACCEPT MATIC.

Published on: 15.06.2021

More and more charities are starting to accept crypto donations. So what are the advantages of cryptocurrency?

✓ Global coverage – anyone can donate to any charity instantly

✓ Lower fees – crypto is perfect for micro-transactions

✓ Security: сryptocurrency is private and secure

✓ Transparency: transparency is important for charities

You can donate with crypto to any charity that explores this option. Here, you can find more information on charities that accept crypto.

One of the ways to donate crypto to charity is to browse the non-profit projects listed on CoinSocialStory where you can choose the ones you like and donate right there.

One of such charities is ELONGATE, a crypto charity coin which provides charities with an option to benefit from accepting crypto. You can now donate to ELONGATE right on their site.

What is ELONGATE?

ELONGATE crypto token is a charity crypto and a crypto charity fund. They have developed a unique mechanism for this: Every token transaction has a 10% fee, with 5% going to token holders as a reward, and another 5% collected in a pool to be then sent to a charity which is chosen every week.

MATIC NETWORK

Matic Network is completely decentralized and works on bringing mass adoption closer by resolving the scalability, high fees and slow speeds issues.

The MATIC token (ERC-20) was created to protect and pay for transactions. The token is secured by the Proof-of-Stake consensus mechanism. MATIC coin can be used for staking, delegating, paying for gas, trading, and MATIC can be accepted as payment or donation.

⬇️DETAILS:

https://nowpayments.io/blog/elongate-matic-crypto-donations?amp&__twitter_impression=true

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