Category: Charity

Bitcoin Funded Charity Buys Land Called “Satoshi Forest” To Support The Homeless

Post author By Felicity Frankish
Post date March 18, 2021

Sean’s Outpost is one of the first homeless outreach programs in the world that is primarily funded by cryptocurrency. The charity provides shelter and food to the homeless to help them get back on their feet.

Titled on reddit “some rich bitcoiner bought 8 acres of land to house the homeless” which is the private land they call “Satoshi Forest”. Co-owner Jason King is a regular presence on the Bitcoin Reddit community, where he has successfully managed to raise bitcoin funds to fuel the charity.

In response to a series of anti-homeless ordinances passed by the City of Pensacola and Escambia County, Satashi Forest was purchased in 2013. The idea was simple: to exist as a privately owned block of land, where no-one would be harassed for being homeless.

A Drawn Out Legal Battle

In 2018, after three years of legal battle against Escambia County, Sean’s Outpost was issued a permit to continue operating Satoshi Forest for the foreseeable future and it was authorised as a temporary home for the area’s homeless.

Co-founder of Sean’s Outpost, Mike Kimberl shares:

Our court case with the county determined there were things that we needed to do to come into compliance and that was to put in a driveway, put in fire extinguishers and then we had to put up fencing.

For the past three years, Satoshi Forest has been able to exist as a safe place for the homeless in the area, giving them a chance to get back on their feet. Say Kimberl:

This is not an end goal. This is not a retirement plan. Our goal is to get them back into better accommodations.

How to Donate To Support Satoshi Forest

You can donate by sending some BTC (check the website seansoutpost.com for the BTC deposit address).

Update 08/03/2021: Please note before donating that we are waiting to hear back from them directly as to whether they are still in operation.

Crypto for a Cause – Binance Australia Supports Bushfire Relief and Recovery

Post author By Crypto News Australia
Post date January 28, 2021

To recognise the inaugural “National Day of Thanks” for pandemic heroes this Australia Day, Binance Australia will donate $1 AUD for every AUD deposit via PayID on Binance through

Binance Charity Foundation, a not-for-profit organisation leading the Australian Bushfire Donation project set up to support the restoration of the disaster’s aftermath.

In July of last year, Australian Prime Minister Scott Morrison called for an historic national day of thanks for the frontline workers who helped pull Australia through the COVID-19 pandemic – including fire and emergency workers.

Binance Australia couldn’t think of a better way to say “thank you” than to give back to the Australian Bushfire Donation project and those involved with supporting Australians through the devastating bushfires and global pandemic in the last 12-months.

Binance Australia CEO Jeff Yew said he has been moved by the incredible work of Australian frontline workers and wanted to take action to show gratitude.

“We didn’t want to miss this opportunity to give back and say thanks to the humble heroes who have done so much for our nation in the last 12 months,” said Jeff.

“Binance Australia has such a strong and supportive crypto-community. We encourage our users to get trading on Australia Day and support this worthy cause.”

To support the initiative, Binance Australia traders just need to make a minimum $10 AUD deposit via PayID on the Binance application. Binance Australia will donate $1 for every deposit made on Australia Day to Blockchain Charity Foundation.

Binance Australia recently added AUD deposits through PayID to the Binance application allowing instant transactions. All customers in Australia are now able to make deposits in AUD without having to pay any fees.

This initiative follows an announcement made last week by Binance Charity Foundation, the blockchain-based charity platform and official philanthropic arm of the world’s leading

cryptocurrency exchange Binance, committing to donate 1 million USD in cryptocurrency BNB to the Australian Bushfire Donations. All funds raised will be used to help alleviate the impact of this disaster and facilitate the restoration afterwards.

About Binance Australia

Binance Australia is a digital currency exchange platform that enables Australian customers to easily buy and trade cryptocurrencies with Australian Dollar (AUD). Backed by Binance, Binance Australia offers users deep liquidity and convenient deposit and withdrawal methods while leveraging cutting-edge technology from Binance.com’s advanced trading platform.

For more information, visit: https://www.binance.com/au

About Binance Charity

Binance Charity Foundation is a non-profit organisation dedicated to the advancement of blockchain-enabled philanthropy towards achieving global sustainable development.

Binance Charity aims to transfer philanthropy by developing a 100% transparent donation platform based on blockchain to build a future where technology innovation is used to end all forms of poverty and inequality, advance sustainable development and ensure that no one is left behind. To date, BCF has supported over 1 million end beneficiaries through various projects.

For more information, visit: https://www.binance.charity

Charity Crypto News Cryptocurrencies Fashion

Australia’s First Cryptocurrency For Fashion

Post author By Felicity Frankish
Post date January 20, 2021

Fashion house Australian Brands Alliance (ABA) will soon launch SwapPay – a fintech start-up offering fashions’ first cryptocurrency in Australia.

ABA currently sells nine of their clothing brands on online shopping powerhouse, The Iconic. Founder Paul Elsibai plans to encourage their Millennial customers to return unwanted items by offering ‘virtual coins’ to spend on one of these in-house brands.

Reducing Fashion Waste

According to Mr Eisbai, the aim of the initiative is to fix the post-purchase waste problem. On average, Australians buy 27kg of textiles each year, while 23kg are sent into landfill. Paul Eisbai says:

As a clothing manufacturer we have a responsibility to think about the life of the clothes we make. While we’re comfortable that our customers will get a long life from our clothing, we want to assist them if they tire of them or need a change.

How Does SwapPay Work?

SwapPay will accept clothing in good condition and offer a virtual coin of varying value for the items. Postage will be at the customer’s expense.

Brands themselves are able to assign the value of the coin. A coin at one brand may be worth $20, while for another it is $10.

The items will then be donated on to charitable organisations, or recycled and made into new garments. SwapPay is not the first business to offer this service. The Iconic, for example, already offers free postage for unwanted clothing, which is then donated to the Salvation army.

SwapPay is the first to offer digital currency in return.

The Future Of SwapPay

At the moment, SwapPay will only be offered with Australian Brand Alliance’s businesses.

The hope is that in time it will be offered up to other retailers both inside and outside the fashion world. It is still very much a work in progress with decisions to be made on how it will turn a profit. Paul Esibai says:

SwapPay is a communications platform, so we may charge retailers a fee for marketing through the platform. We are still ironing these things out. But one thing we will not do is make a profit from the returned clothing – that is all to be donated.

Stay Tuned

Want to learn more? Watch this space. Sign up with SwapPay to stay in the loop with what’s to come.