Four cryptocurrency veterans have pledged to donate at least 1% of their wealth to charity each year.

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Ryan Selkis, Dan Matuszewski, Qiao Wang, and Haseeb Qureshi have joined The Giving Block’s latest crypto donations initiative.

Four crypto and blockchain veterans have entered The Giving Block’s latest crypto-focused charitable push as members of the Founders Circle.

The “Crypto Giving Pledge” invites cryptocurrency owners and companies to donate at least 1% of their holdings to charitable organisations each year. The programme is part of The Donating Block’s mission to increase charitable giving and make it easier for charities to receive cryptocurrency donations.

The Giving Block has formed the Founders Circle to support the campaign, and several business executives have been invited to participate. Founders Circle has accepted four new members in the last week, starting with Ryan Selkis, the founder and CEO of Messari, on April 27.

Dan Matuszewski, founder of CMS Holdings and former CEO of Circle Trade, and Qiao Wang of DeFi Alliance both respond to the call. They entered the Circle on the 28th and 29th of April, respectively.

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On Tuesday, Haseeb Qureshi, managing director of Dragonfly Capital, was introduced as the industry group’s fourth member. Qureshi explained his decision to join the Founders Circle:

“The crypto community has been incredibly generous to me, and I’m fortunate to be able return some of that generosity. I’m excited to donate to high-impact charities—and as it happens, crypto is the best way to do that.”

The Giving Block will announce new Founders Circle members through May 30 when applications to join the group officially close.

The Crypto Giving Pledge debuted at a critical juncture in the history of digital currency. The cryptocurrency market is currently valued at about $2.3 trillion, which means that a 1% investment from both business participants and investors will amount to $23 billion. As digital currencies gain mass recognition, more non-profits would be compelled to welcome cryptocurrency donations.

The Crypto Cancer Fund, founded in January by the American Cancer Society and The Giving Block, is a good example of this pattern change. The research fund accepts Bitcoin (BTC), Ether (ETH), and other cryptocurrencies as contributions.

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