Ripple is collaborating with Jared Isaacman, the billionaire founder of Shift4 Payments and a partner at SpaceX, on a charitable XRP donations project pledging to match contributions. This will potentially double donations.
In a recent announcement, Ripple revealed its involvement in a charitable endeavor with Isaacman. This campaign involves a donations project to aid the Maui Emergency Response Fund, with an emphasis on cryptocurrency contributions, particularly XRP.
To facilitate the process, XRP has been integrated as a donation option through The Giving Block, a leading provider of cryptocurrency donation solutions.
The partnership details were revealed in a quote:
“Ripple will be joining Shift4 CEO Jared Isaacman, and the next $50K USD in any crypto donations made to the Maui Relief Fund will be matched 200%.”
Ripple will match Isaacman’s contributions, effectively doubling up to $50,000 worth of cryptocurrency donations received.
This partnership represents the idea of Donation Matching, where both parties enhance the impact of each other’s contributions. In this case, Ripple has committed to matching Isaacman’s donations, hence doubling the amount of cryptocurrency donations received, with a maximum cap of $50,000.
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