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Blockchain Raises Money for Charites with Online Auctions

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Co-founded by Francesco Nazari Fusetti, Manuela Ravalli, and Domenico Gravagno in 2013, CharityStars is an online fundraising auction platform for the non-profit sector. CharityStars has a global network of established relationships with international charities and across the entertainment industry. Auctions are conducted through the online platform that features an array of luxury experiences and products which can be purchased at auction, with proceeds going to partnering charities.

The company has launched a series of auctions with prominent leaders in the blockchain space. Participants will have the opportunity to bid for a business lunch with Ryan Taylor, CEO of Dash; Galia Benartzi, Co-founder of Bancor; serial entrepreneur Jeremy Gardner; and Erik Voorhees, CEO of ShapeShift. Contributors also have the opportunity to play poker with Brock Pierce, Chairman of the Bitcoin Foundation as well as joining Dr Julian Hosp, Co-Founder and President of TenX, for a business lunch in Singapore.

Francesco Nazari Fusetti, CEO and Co-Founder of CharityStars, said: “At present, the charity sector suffers greatly from a lack of trust and transparency, issues directly mitigated by blockchain technology. We are incredibly fortunate to be showcasing some of the most influential minds in the space in an effort to raise awareness for a number of international charities and causes. Joining forces with such reputable leaders will not only draw deserved attention to the charities in need but also highlight the staggering benefits that this emerging technology can bring to the non-profit sector,”

Last month, CharityStars announced the first integration of Bitcoin and Ether onto its platform, enabling auction participants to bid with the two most popular cryptocurrencies for a meet and greet with Cristiano Ronaldo. Current ongoing auctions in Bitcoin and Ether include the chance to meet tennis champion, Rafael Nadal and have dinner with actress Sharon Stone.

Voorhees commented: “As the use of cryptocurrencies and the adoption of blockchain become more mainstream the early adopters of this technology have a great deal of responsibility. At the forefront of this revolution, the onus is on us to raise awareness not only of what the technology can achieve but how we must work together as a community to achieve it,”

Taylor added: “While I always cherish the opportunity to speak at length about such a fascinating industry, the chance to sit down and do so for a good cause is both exciting and inspiring. The use cases of blockchain are limitless, but the charity sector has always been an area in which blockchain application is particularly beneficial, and I am thrilled to be a part of it,”

The proceeds from these auctions will be donated to a number of charities, including:
– The Blockchain Education Network (BEN), an international non-profit organization dedicated to forming a robust network of student organizations for blockchain education, innovation, and development.
– The Bancor Foundation, which promotes the development and adoption of the Bancor protocol, a standard for the creation of intrinsically tradable tokens.
– The World Wide Fund for Nature (WWF) the world largest organization for nature conservation.
– Save the Children, an international non-governmental organization that promotes children’s rights, provides relief, and helps support children in developing countries.
– Unsung, an online community in the US that seeks to solve hunger by enabling local grocers, restaurants, caterers, or anyone with large amounts of leftover food, to donate the food through the app.

Benartzi stated: “As both a participant in this auction and a recipient of the direct support that it will bring to the wider decentralization community, I am honored to participate. CharityStars is promoting one of the key values of the blockchain industry which is to collectively contribute to designing a world we want to live in,”

To date, CharityStars has collaborated with hundreds of global celebrities such as Metallica, Eva Longoria, and Valentino Rossi. Recent successful auctions that raised funds for partnering charities include lunch with the former Italian President Silvio Berlusconi ($74,900); a business pitch with the founder of Candy Crush, Riccardo Zacconi ($27,250); and the official bus of the All Blacks Rugby team ($270,000).

Fusetti concluded: “We are thrilled to be collaborating with such respected names within the blockchain space, as they assist us in raising the appropriate funds for our partnering charities. We are incredibly eager to harness the power of these innovators to further our mission of bringing needed clarity and transparency to the charity sector,”

Matthew Warner
Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.