The tax benefits for donors to give in Cryptocurrency vs. liquidate to USD first and then make their donation is just too compelling to ignore. It is with this, BRD’s goal is to demystify Crypto.
With over 35% of your Millennial Alumni owning a Crypto portfolio, taking cryptocurrency donations is a must; however, fewer than 5% of universities currently accept them. Why? After speaking with dozens of universities, the feedback we hear is, “it is not if we will accept Crypto, but rather it is when.” Many Universities are waiting for that major Crypto gift before they go through the hassle of setting up and managing accounts, digital wallets, etc. – and all the complexities that the Crypto world brings.
Providers have come on the scene in an attempt to make it easier for universities and non-profits to accept Cryptocurrencies, but most (except BRD) still require them to own a Digital Wallet. Using BRD’s CryptoGiving, we pioneered DonorFi technology, which includes a “managed digital wallet”, which mimics how credit card processing works. Universities simply receive funds in USD in your bank account with a reconciliation donor report. That’s it!
Receive A 50% Credit On Your Setup Fee!
Schedule a demo with us by clicking below and receive 50% credit on your setup fee. We look forward to starting a conversation on Web3 fundraising.