The U.S. Figure Skating is one of the national governing sports bodies in the U.S. This body has recently announced to accept crypto donations from the public. They are riding on the technical provisions from Ungiven. Further, a cryptocurrency donation management platform provides an end-to-end giving solution benefiting nonprofits and their donors.
The U.S. Figure Skating plans to use the proceeds from the donations to bring the families of its representatives together as the coronavirus pandemic has hindered many visitors from travelling to the Beijing Olympics to cheer their athletes.
Further, according to the announcement, the “Donations to the Destination Beijing program will help bring these family and friends together. Through the magic of NBC and give them the opportunity for direct, live communication with their athlete after competitions. They’ve added that “Together, they will share their stories, hopes and pride during this unique time to cheer on their athletes as they compete on the world’s greatest stage.”
In addition, U.S. Figure Skating plans to use the proceeds from the donations to bring the families of its representatives together. Though, the coronavirus pandemic has hindered many visitors from travelling to the Beijing Olympics to cheer their athletes.
Lastly, the donations for the U.S. Figure Skating’s slew of programs or projects are not poised to be dominated in one cryptocurrency.
The introduction of the contribution possibilities, according to U.S. Figure Skating executive director Ramsey Baker, is in line with the organization’s ongoing search for new and inventive ways to fund its athletes, clubs, programs, and initiatives.
“Allowing our supporters to give to U.S. Figure Skating using cryptocurrency makes sense in today’s quickly changing financial marketplace.”