Ripple Donated $29 mln to a Non-Profit As its Founder Dared to Ask

Ripple Donated $29 mln to a Non-Profit As its Founder Dared to Ask is a nonprofit organization, established around 20 years ago to help educators collect funds for teaching projects.

And, as it is known, lots of users entirely rely on the external financial aid to support their ideas. In this case, they are classroom projects, which are posted by various teachers.

The company receives donations from different patrons, but now the founder decided to step on the crypto-path.


Not long ago, the constitutor of this crowdfunding platform – Charles Best – dared himself to request a donation to cover some of the education projects from… Ripple.

The unique story has been covered by the San Francisco Chronicle, to which Best unveiled:

"I kind of dared myself to send an email pitching an idea 10 times bigger than I've ever pitched before."

In particular, Best sent an email to one of the Ripple’s constitutors – Chris Larsen – and asked for a donation. In the beginning, as lots of us would be, was scared that the company which runs one of the most valuable cyber-coins in the world could take the request not seriously.

However, Best was astonished when Ripple did not only merely respond to the letter, but sent a generous amount worth $29 million. The crypto-company promised to cover the expenses for over 35,000 classroom projects entirely.

What’s Next?

Concerning the unexpected donation, Best spoke in a YouTube announcement with Ripple’s senior vice president of marketing – Monica Long, – saying that thanks to crypto-company’s respond, tutors will be able to work with over a million of students behind the projects. Moreover, students will be able to receive new materials and will be exposed to unique experience and knowledge.

By the way, every time teachers’ get donations through for their classroom and educational projects, they share messages on social networks concerning what the charitable funds will be used for, tagging them as #BestSchoolDay.

For instance, as posts show, some teachers will use the donated funds for replacing broken instruments in the classroom, whereas the others will take their students to different states in the US on excursions.

But most interestingly, these donations will also be used for students with special needs. Students with autism will be, therefore, will be supplied with peculiar arts as well as crafts.

And all this might not have taken place if crowdfunding platform’s founder had not dared him to email Ripple’s co-constitutor.

Keep Up With October Crypto Events Checking Out This Quick Roundup
Top Crypto Market News Of October You Should Catch Up WithDo you think the world is turning more crypto-crazed day by day? There’s no limit to your...
A Collection Of Fresh Crypto News For Those Who Missed Out
The Major Roundup On The Latest Crypto News In The World The last month has been full of events and brought even more pressure on local...
What To Expect From A Cryptocurrency Market In 2020
Crypto market has always been a good target for speculation, shady schemes, and "bad guys". It's also very controversial, especially for financial...
Influence of Recent Cryptocurrency Boom: Does It Still Hurt?
Crypto Exchange Agrees With Reports Showing 51% Attack On Ethereum Classic Bitcoin is a decentralized digital currency (also known as...
Cryptocurrency Exchange Security Levels
The growing interest in cryptocurrencies has led to the emergence of a wide selection of both digital money and the sites where you can exchange one...
Belarusbank Considers Setting Up Crypto Exchange
Last year March Belarus introduced a decree by which it legalized cryptos and some activities related to them. This made Belarus a frontrunner in the...
Nasdaq CEO Believes Cryptos Have Place in Future in Economy
Almost two months ago Nasdaq’s representative Joseph Christinat confirmed the rumours that in 2019 the American stock exchange might launch BTC...
Report: Leaders of South Korean Crypto Exchange Komid Face Jail After Fraud
This week the Asian crypto-market has been rich in the news. Earlier it was reported that Japan finally approved Coincheck’s official status as cyber...
Crypto-Expert Brian Kelly Says 2019 Will Bring No Approval to BTC ETF
For the past year, various ETF-projects have been failing to receive the green light from American regulators. And despite the bullish ambitions of...
Ethereum Classic 51% Attacker Reportedly Returned $100,000 to Exchange
Cyber money exchange has informed the general public about the return of previously stolen $100,000 worth Ethereum Classic units. According...