Cryptocurrency Fundraising Made Easy, an interview with Pat Duffy
Pat’s background wound around an unconventional path to get him where he is today, Co-Founder of The Giving Block and working heavily with cryptocurrency. The Giving Block sets up nonprofits to take non-cash (cryptocurrency) donations in real-time. They also help NPOs actively fundraise in the cryptocurrency market.
Check out his exclusive podcast recording with some highlights featured below!
- (2:08) Introduction to/about cryptocurrency
- (4:19) Differentiating between types of cryptocurrencies
- (6:00) Navigating volatility (“The volatility fear, is – to nonprofits – an illusion.” – Pat Duffy)
- (8:54) The Giving Block process summed up
- (10:45 Security aspect of cryptocurrency donations
- “If you’re willing to accept dollars, you’re willing to accept a lot more risk than accepting something like Bitcoin.” – Pat Duffy (14:35)
- [14:50] The value in NPOs receiving cryptocurrency donations (The average gift size for cryptocurrency donations is $6,500.)
- [18:00] Noncash donations other than cryptocurrency
- [22:30] How The Giving Block is Insulating nonprofits from the complexity of noncash donation receiving
- [25:55] Pricing models
