NOWPayments is excited to partner up with ELONGATE, a crypto project that donates cryptocurrencies to different charities each week, and CoinSocialStory, a crypto market live data monitor. In this article, you will learn how to donate ZEN crypto to ELONGATE with the help of NOWPayments, and therefore to charities, making the world a better place.
ELONGATE & CoinSocialStory
Crypto is perfect for charities. You can donate with crypto on CoinSocialStory.
One of the new charities you can donate to is ELONGATE. ELONGATE is a crypto token that helps charities explore the potential of crypto donation.
How does it work?
It works like this: 10% fee is taken for all transactions. 5% goes to reward those who hold the token, and the 5% is distributed to a pool. The funds in the pool are then donated to a new charity each week. The charity is highlighted on ELONGATE social media, for example, National Kidney Foundation. ELONGATE makes interviews with charity representatives, like Susana Eshleman CEO of Children International, Junaid Butt, Director of Human Relief Foundation, Kevin Longino CEO of National Kidney Foundation, and Kimbal Musk co-founder of Big Green.
As ELONGATE encourages direct giving, NOWPayments – crypto payment gateway – and CoinSocialStory have stepped up with a solution for charities to accept crypto donations.
Right now ELONGATE has circa 450K holders and $3 Million donated to charity in 8 weeks.
ZEN donations
ZEN is a native currency of the Horizen ecosystem. One of its key features is optional privacy, as Horizen practices Responsible Privacy: everyone deserves a right to send anonymous transactions.
ZEN can be easily purchased on the majority of mainstream exchanges, and stored in hardware and online wallets. Besides, you can earn ZEN and get free ZEN via Horizen Faucet. You can also accept ZEN as payment or donation.
ZEN is meant to be used. The Horizen team are constantly renewing the list of payment providers that work with ZEN and the list of merchants and charities that accept ZEN payments or donations.
And NOW, you can donate ZEN to ELONGATE.
How to Accept ZEN
All you need to so is sign up, enter your ZEN wallet address and create an API key. Then, you will be able to embed a crypto donations widget or add a button to your site.
As a charity, you can always register your project on CoinSocialStory.