What is Ethereum Name Service (ENS)?
Key Facts + Ethereum Name Service (ENS) Donation Stats

About Ethereum Name Service

ENS is the governance token of the Ethereum Name Service protocol, which issues “.ens” domains.

ENS is an ERC-20 utility token associated with the Ethereum Name Service, a decentralized naming system built on the Ethereum network. The ENS token was issued via an airdrop to all ENS domain holders, ENS contributors, and the ENS DAO community treasury. The ENS token will be used for governance of the ENS protocol and community treasury at launch. ENS domains are issued as NFTs, which are meant to be human-readable addresses that map to public keys on networks like Ethereum, Bitcoin, and others. Other metadata can be stored within an ENS domain such as traditional DNS domains, Twitter profiles, IPFS hashes, and more.

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Why Donate ENS?

Since ENS has appreciated significantly, donating ENS 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 ENS stack to decrease? Repurchase the same amount of ENS afterward and still get the same tax benefits to offset some (or all) of your gains.

How to Accept and Donate Ethereum Name Service (ENS) to Charity
Accept Ethereum Name Service (ENS) 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 Ethereum Name Service (ENS) 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:

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What is Ethereum?

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

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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

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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.

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