Pineapple Fund Donates $5 Million in Bitcoin as Seed Capital for the Poor

Great initiatives for the deprived people that is truly benevolent task through Bitcoin platform. Pineapple Fund that is a Brand new venture has taken some luckiest members  of the Bitcoin community for the sake of this purpose.

 

Basically, pineapple fund is composed of $86 Million of Bitcoin, recently they have announced $5 Million donation to the organisation. The project name is “Seed Capital for the Poor”. This project will provide directly as a sponsor for the people who are living in the below of the poverty line especially in the area of Kenya, Uganda And Rwanda.

 

Actually, the charity is supported by Google and some other organisation that is called a fantastic analytical approach to finding the most effective ways for distributing donations through Bitcoin in a efficient way. You may see that the efficient rate is almost 91% which marked a highly effective funding for an organization. It has been a tremendous work through Bitcoin platform. So it can be a called an humanitarian job through Bitcoin.

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