Stock donations are now live on The Giving Block! Learn more

The Giving Block Adds Support for Samoyedcoin (SAMO), Euler Finance (EUL) & Galxe (GAL)

by | Nov 14, 2022

The Giving Block is excited to announce that we’re adding support for three more cryptocurrencies in our donation widget and fundraising platform. Samoyedcoin (SAMO), Euler Finance (EUL) & Galxe (GAL) join a growing list of cryptocurrencies that nonprofits can accept with the fundraising tools and services powered by The Giving Block.

Samoyedcoin (SAMO) | The Giving Block

Samoyedcoin (SAMO)

Samoyedcoin (SAMO) began as a memecoin in 2021, akin to Dogecoin, but for the Solana network. More recently, the team has pivoted to focus on becoming “an experimental Web 3.0 community coin.” Using marketing strategies and a variety of other tactics, Samoyedcoin’s team currently helps educate and onboard people into the Solana community. Samoyedcoin’s active fanbase is called the Samo Famo. 

Euler Finance (EUL) | The Giving Block

Euler Finance (EUL)

Euler Finance makes it possible for users to lend and borrow cryptocurrencies. What makes Euler Finance different from other DeFi lending protocols such as Aave or Compound is its use of risk-based asset tiers designed to protect the protocol from risks typically associated with decentralized permissionless lending, especially with respect to illiquid or volatile assets.

Galxe (GAL) | The Giving Block

Galxe (GAL)

Galxe aims to create an open, collaborative credential data network accessible to all developers in Web3. Use cases for Galxe include the creation of NFT loyalty programs, gated communities, and customized governance. Galxe can integrate on-chain as well as off-chain credentials like Discord and Twitter. Contributors to Galxe’s Credential Data Network are rewarded when credentials are utilized in Galxe’s Application Modules, Credential Oracle Engine, and Credential API.

We’re excited to be adding new cryptocurrencies because it gives donors more flexibility in the way they donate. We recognize that converting from one crypto to another can be a taxable event in many countries, so we want to offer flexibility to accept other tokens directly.

Alex Wilson

Co-Founder, The Giving Block

How to Donate SAMO, EUL & GAL to Charity

With this latest update, thousands of nonprofits, universities, faith-based and other mission-oriented organizations can now accept SAMO, EUL & GAL donations on The Giving Block widget and platform. 

Donors looking to support an organization or cause that’s important to them can do so by browsing nonprofits and Impact Index Funds and selecting Samoyedcoin, Euler Finance or Galxe in the donation widget when completing the transaction.

Subscribe for the Latest Updates

Related Articles

Chain CEO Deepak Thapliyal Donates $100,000 Worth of ETH to Chattanooga Area Food Bank Deepak Thapliyal, CEO of Chain, made a generous donation to the Chattanooga Area Food Bank in July 2022, a contribution powered by The Giving Block.
14 Nonprofits to Support During Autism Acceptance Month Donating crypto to these nonprofit organizations is an easy way to express your support for Autism Acceptance Month this April.

Featured Articles

Subscribe for the Latest Updates

Related articles

Crypto Glossary | The Giving Block Crypto Glossary for Nonprofits and Donors: 60+ Terms Explained August 11, 2021 Posted in: Crypto 101, Cryptocurrency, Donors, Frequently Asked Questions, Guides, Nonprofits We’ve put together a glossary of the most popular, essential, and amusing jargon, terms, shorthands, and slang. Read more
How You Can Give Zakat in Crypto | The Giving Block How You Can Give Zakat in Cryptocurrency April 28, 2022 Posted in: Cause Awareness, Cryptocurrency, Donors To give Zakat using cryptocurrency, The Giving Block is your one-stop destination to find and support charitable organizations. Read more
RESOURCES - Crypto Taxes- How Does Donating Bitcoin Affect My Taxes | The Giving Block Crypto Taxes: How Does Donating Bitcoin Affect My Taxes? October 29, 2019 Posted in: Donations & Taxes, Donors, Nonprofits, Taxes For the last few years, the tax treatment of cryptocurrencies like Bitcoin in the United States was based on one document. Read more