ChainLink LINK Logo | The Giving Block
What is ChainLink (LINK)?
Key Facts + ChainLink (LINK) Donation Stats

About ChainLink

Chainlink is a decentralized network that provides data from off-chain sources to smart contacts on the blockchain. It does this through the use of oracles, software that serves as an intermediary between data sources and the blockchain. Because Chainlink is comprised of a network of decentralized nodes, it eliminates reliability issues associated with using a single, centralized source. LINK is used as payment to node operators, and is also used by node operators to stake in the network.

Chainlink’s decentralized metalayer of oracle networks allows smart contracts to seamlessly use and create an array of decentralized services that accelerate dApp development, enable cross-chain functionality, and harmonize disparate technologies.

Why Donate ChainLink?

Since LINK has appreciated significantly, donating LINK and other cryptocurrencies can save you money on your taxes. Because the IRS classifies cryptocurrency as property, this means you don’t have to pay capital gains tax on your donation and can deduct the amount on your tax return. This is why financial advisors recommend you donate your most highly appreciated assets first. Users who donate and enter their email address will automatically get a compliant tax receipt.

Don’t want your LINK stack to decrease? Repurchase the same amount of LINK afterward and still get the same tax benefits to offset some (or all) of your gains.

How to Accept and Donate ChainLink (LINK) to Charity
Accept ChainLink (LINK) Donations

Hundreds of nonprofits are choosing to set up platforms for crypto donations because it will help them:

  • Connect with new, younger donors they typically struggle to engage with
  • Tap into the resources of the emerging crypto and blockchain industry
  • Stay ahead of the curve with today’s fundraising ecosystem

Find out why Save the Children, American Cancer Society and hundreds more are choosing the The Giving Block’s tools and services:

Donate ChainLink (LINK) to Nonprofits

Investors can become donors by giving a portion of their crypto gains to charity.

  • It’s fast, secure and easy
  • It can drastically lower your taxes
  • It’s rewarding!

Feel great about giving to a nonprofit that accepts crypto donations:

Ethereum ETH Logo | The Giving Block

What is Ethereum?

Ethereum is a decentralized, open-source blockchain with smart contract functionality.

Learn about ETH

Bitcoin btc Logo - The Giving Block

What is Bitcoin?

Bitcoin is a decentralized digital currency, that can be sent from user to user on a peer-to-peer network.

Learn about BTC

Bitcoin Heart | The Giving Block

5 Reasons Why Donating Crypto Can Lower Your Taxes

In recent years, we’ve seen hundreds of millions of dollars in cryptocurrency donated to nonprofits.

Learn more

Cryptocurrencies Accepted by The Giving Block