Philcoin and Indacoin to Joinly Work on Fostering Blockchain-Based Charity
Philcoin, a charitable blockchain network, has signed a partnership agreement with Indacoin, a British fiat-to-cryptocurrency exchange platform, in an effort to increase trust and transparency in the nonprofit sector. Jerry Lopez, the CEO and inventor of Philcoin, said that the cooperation will be a starting step toward transforming how donating occurs by allowing credit and debit cards to instantaneously acquire PHL in a minimum of 180 nations.
Lopez added, “Our app has a global user base of approximately 250,000 individuals, and we anticipate this figure to increase with our fresh relationship.” ImagineDiscover the possibilities if millions of individuals could utilize Philcoin and its donate-and-earn solutions to benefit themselves and many others.
The arrangement also resulted in a smooth integration inside Philcoin’s decentralized application, PHILApp, which offers a variety of goods and functions along with a donate-and-earn component designed to educate users how to contribute.
And through blockchain-powered platform, Philcoin aims to instill faith in the nonprofit industry by increasing accountability and providing web access to the world’s underprivileged people.
The charitable blockchain revolution demonstrated that digital donations and global influence led to mutual wealth.
“Philcoin seeks to establish the greatest worldwide movement of donors,” according to the article. The reach and visibility of Indacoin will aid spread the news about Philcoin, which in return will motivate millions of citizens to pay back.
Earlier in 2022, Philcoin included a staking system that enables PHILApp users to contribute a portion of their revenue to a charitable organization of their choosing.
According to Blockchain.News, the staking process was anticipated to enable Philcoin develop a worldwide philanthropic revolution by altering how donating occurs.