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Best Cryptocurrencies That Support Philanthropy - Binance Coin, ApeCoin, and Big Eyes
The influence of cryptocurrency is wide-reaching across multiple sectors, and philanthropy is no exception. Coins like the Binance Coin (BNB), ApeCoin (APE), and Big Eyes Coin (BIG) are playing different significant roles for humanity.
These coins have won peoples’ hearts due to their unique uses for charity causes. While the Binance coin (BNB) and ApeCoin (APE) are already prominent for charity donations, Big Eyes Coin (BIG) is a budding crypto project with great potential for charitable efforts.
Continue reading to discover how these three coins on our cryptocurrency list encourage crypto donations to charities.
Binance Coin (BNB)
Binance Coin (BNB) is the native coin that powers the BNB Chain ecosystem. It is an exchange-based token created and issued by Binance - one of the largest global cryptocurrency exchanges.
BNB, one of the well-known utility tokens - has wide-ranging applications and use cases, including charity causes. A good example is the Binance Charity Foundation (BCF).
The Blockchain Charity Foundation is a donation platform set up by crypto giant Binance (BNB). It enables users to donate tokens to a variety of causes across the world, from relief funds for Ukrainians to poverty alleviation and women empowerment.
The blockchain-enabled donation platform simultaneously hosts multiple projects, allowing donors to donate their tokens to their chosen projects. Consequently, more token holders can participate in these projects to resolve major global issues.
The blockchain, in turn, provides the foundation with transparency tools and driving transformative tech solutions to help address the world’s most complex issues.
Furthermore, the foundation has a Binance Charity Wallet designed for donors without specific donation projects, allowing its team to distribute the fund accordingly.
ApeCoin (APE) is an ERC-20 token created for the growing Bored Ape Yacht Club (BAYC) ecosystem, which includes a native Metaverse, games, and an NFT community.
The main aim of the APE token was to promote and govern the ApeCoin DAO. Conversely, the DAO would enable its members to decide on the ecosystem’s fund allocation, future projects, and other plans.
ApeCoin (APE) is an intriguing example of how a combination of an established model and community support can influence a product to appeal beyond its original audience and purpose.
For example, though APE is mainly a utility token for making payments, it also supports donations to different charities.
Consequently, nonprofits like Save The Children and The Giving Block now accept the APE token as a means to donate to several projects.
Big Eyes Coin (BIG)
Oceanic conservation is the solution to one of the vital global environmental issues - biodiversity loss. Human activities led to the extinction of species and habitats and biodiversity loss. For example, species like the Bluefin Tuna and Sharks became endangered due to overfishing.
These human activities disrupt the natural balance of our ecosystem. Consequently, the new meme coin, Big Eyes, aims to contribute to global efforts in oceanic conservation.
This choice is no surprise since the Big Eyes mascot is an adorably cute cat who loves fishes. The cat understands that no fish means no food. Therefore, it aims to play its part in keeping them alive and thriving in the oceans.
As part of its effort towards this cause, Big Eyes plans to set aside a 5% charity wallet for donating to marine sanctuaries. Another 1% of NFT taxes would also go to charity.
In addition, the developers plan to increase the value of Big Eyes Coin (BIG) within the community through products such as the Big Eyes Swap, Big Eyes Merch, and NFT Sushi Crew - holders of the unique Big Eyes NFTs.
Therefore, this novel crypto project is for those who wish to participate in community wealth creation while protecting the world's aquatic ecosystem.
Despite the critics surrounding cryptocurrencies, many coins like the Binance Coin (BNB), ApeCoin (APE), and Big Eyes Coin (BIG) now integrate philanthropic activities into their missions.
Big Eyes is especially interested in preserving its favorite food - the fish - by donating to ocean-saving charities. Feel free to read more about the token here.
To participate in the ongoing BIG token presales, visit: