Polygon co-founder’s Blockchain for Impact (BFI) Allocates $90 Million for Crypto Philanthropy

Blockchain philanthropy is gaining momentum, with Blockchain For Impact (BFI) surpassing $90 million in allocations toward healthcare, biomedical research, and climate resilience. The initiative, founded by Polygon co-founder Sandeep Nailwal, has also earmarked an additional $200 million for future efforts, signaling the growing role of cryptocurrency in global giving. Crypto Donations Gain Mainstream Traction BFI’s expansion aligns with broader trends in cryptocurrency-based philanthropy. According to a recent report by The Giving Block, global crypto donations exceeded $1 billion in 2024 source: https://beincrypto.com/blockchain-for-impact-crypto-philanthropy/