Crypto Aid Israel
Crypto Aid Israel is an initiative launched by a local collective of leaders and friends of Israel in the crypto space with the aim of bringing aid to the victims that need it most. Stand against hate. Stand with Israel Donate crypto to aid our struggle against terrorism. Visit cryptoaidisrael.com to give.
Overview of Crypto Aid Israel
Crypto Aid Israel is a non-profit organization focused on raising funds for humanitarian aid to support Israelis affected by terrorism. The organization operates with a team of 45 individuals and is classified as a small business. It has successfully raised over $240,000 to assist victims of terrorism in Israel, utilizing a multisig wallet to accept donations in various cryptocurrencies, including BTC, ETH, USDT, and USDC.
Humanitarian Aid Initiatives
The funds collected by Crypto Aid Israel are allocated towards financial relief, medical care, housing rehabilitation, and community rebuilding efforts for Israeli citizens impacted by terrorism. The organization aims to provide direct support to those in need, ensuring that the aid reaches the intended beneficiaries effectively.
Transparency and Accountability
Crypto Aid Israel emphasizes transparency in its operations by providing daily reports to the community regarding the status of donations and expenditures. The organization is regularly audited by its accountants, and financial reports are submitted annually to the official nonprofits registry. This commitment to transparency helps build trust with donors and stakeholders.
Volunteer and Leadership Support
The organization is supported by a committee of industry leaders from notable companies such as Fireblocks, MarketAcross, and Collider Ventures. Additionally, more than 300 volunteers contribute their time and efforts to the cause, ensuring that all funds raised are directed towards humanitarian efforts rather than administrative costs.
Future Plans for Donations
Crypto Aid Israel is exploring options to expand its donation capabilities by adding fiat donation options for individuals who prefer to contribute using traditional currency. This initiative aims to broaden the organization's reach and facilitate support from a wider audience.