Sunday, July 22, 2018

‘Honu Kitty’ Collectible to Fund By CryptoKitties Auctions

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The world’s biggest blockchain game, CryptoKitties, has collaborated with marine conservation organizations to form a rare cat named “Honu Kitty”. This is the first environmental-friendly collectible that pulls attention towards the protection of endangered sea turtles.

Ocean Elders and ACTAI global, two completely different communities consisting of worldwide leaders, athletes and technologists focused on conserving environment, teamed up with CryptoKitties to form an auction for cryptocurrency users. The auction started on July 9, 2018 and ended on july 18, 2018. A total of eighteen bids were placed on the item, with the winner paying $25,000 for the one-of-a-kind collectible. The funds are going to be donated to sea Shepherd Conservation Society’s Operation Jairo and Unite BVI Foundation’s Saving The Turtles Project.

However, this isn’t the first time Ethereum’s viral game has contributed to a charity. In May, CryptoKitties’s head of art, Guile gaspar, created a Celestial Cyber Dimension Kitty, that was auctioned for $140,000. The funds were then given to a foundation that supports blockchain and art industry. After a few days, another campaign titled “Kitties For A Cause (K4C)” sold 370 CryptoKitties and raised $15,000 for a children’s hospital in Seattle.

In the past few months, several crypto and blockchain programs have helped different charitable causes. The Pineapple Fund remains the foremost renowned crypto-based philanthropic project. It was created by an anonymous Redditor named “Pine” in december 2017. Pine received nearly 100,000 applications and successfully donated 5104 BTC ($34 million) to 60 different charities. The non-profit organizations supported by the fund ranged from clean water projects to chronic complicated disease research foundations.

Last month, Coinbase founder Brian Armstrong also launched a charity platform named GiveCrypto. So far, it has received donations from Ripple executive Chairman Chris Larsen, Zcash Company ceo Zooko Wilcox, Ripple ceo Brad Garlinghouse, and Bitcoin.com ceo Roger Ver. Armstrong plans to distribute these cryptocurrencies to individuals in need all over the world.

Earlier this year, Ripple donated $29 million to 35,000 room projects on an academic funding website DonorsChoose. The announcement was even mentioned in the Late Show with stephen colbert. The crypto firm also given $4 million in XRP to american TV host Ellen DeGeneres’s wildlife Fund.


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