Can TakeiCoin be the next gen fundraiser for non profits?
Civil rights icon Edie WIndsor approved.
Last month QP wrote about TakeiCoin, a new cryptocurrency venture to raise money for non profit groups and human rights causes. Considering its instant popularity and widespread interest, it’s no surprise word had spread so quickly — and now world renowned LGBT activist, Edie Windsor gave a huge thumbs up to the project teaming up with the TakeiCoin founders in the hopes of getting George Takei to endorse the project.
Check out the full story below and if you know George Takei, tweet him and help spread the word. You just may change the world.
Heard of Bitcoin? TakeiCoin is here and ready to fight for human rights
[Press Release] With financial aid cut to historic lows for nonprofit and charity organizations bitcoin-like cryptocurrencyTakeCoin will donate a minimum of $10,000 to The Long Island GLBT Services Network, a charity supported by renowned activist, Edie Windsor.
Windsor, who recently met with President Obama in the Oval Office, was the primary plaintiff in the Defense of Marriage Act and has been since honored by LGBT activists across the country for her astounding victory for same sex couples. To commemorate this historic victory, Windsor teamed up with TakeiCoin founders, Michael Serao and Jordan Schneider, believing that all nonprofits deserve a chance in these financially hard times.
“With TakeiCoin, we can break down borders and reach out to those who need our help, wherever they are, instantly. Using manual world-wide donations we can raise money for absolutely any human rights cause, in a matter of hours,” said TakeiCoin co-founder Michael Serao. “Through minute automatic fees, money will continuously flow into our fundraising pool at all times. The fees are always small enough to not make a dent in the funds of any individual user yet, when accounted for globally, large enough to greatly help any cause.”
The TakeiCoin is not only a tool for fundraising, it is also a form of online payment – a decentralized digital currency that can be used to buy goods or services. It can also be used as an investment, whose price changes based on supply and demand, and can be traded much like a stock.
“We chose George Takei as the face of the coin because he recognizes the urgency there is in the world to make a real difference. We are taking steps to bring Mr. Takei onto the project. We believe with his guidance and direction, along with our technology and drive, we can truly make an incredible and long-lasting impact in the fight for human rights,” according to TakeiCoin founder, Jordan Schneider.
The first $10,000, which has already been raised, will be donated on behalf of Edie Windsor’s historic victory for same sex marriage to The Long Island Gay, Lesbian, Bisexual and Transgender Services Network, an association of five non-profit organizations that work to eradicate homophobia, provide a home and a safe space for Long Island’s GLBT community and advocate for equality.
With this next generation fundraising, on top of the $10,000 being donated, in a matter of one week the group has already raised more than 150,000 TakeiCoin from its users. These coins could potentially be worth $1000 all the way up to $150,000, or more, and they’re all being donated as well.
“This is our proof of concept” said Schneider. “If we can do all of this within a week, there’s no limit as to what we can do moving forward.”
With Windsor’s support of the network, TakeiCoin hopes to make this contribution the first of many in a brand new wave of next generation fundraising that has the ability to save nonprofit organizations from the brink of collapse.