Charity

cemetary (image by John Thomas on Unsplash, modified by CoinDesk)
1 Way to Revive Dead NFT Wallets
Artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits.
cemetary (image by John Thomas on Unsplash, modified by CoinDesk)

(MIT Bitcoin Club, Mercatus Center, Cointelegraph/Wikimedia Commons, modified by CoinDesk)
How Sam Bankman-Fried Mastered the Art of Crypto Marketing
The “most generous billionaire” weaponized altruism to built an almost mythical brand, Web3 marketing expert Tim Haldorsson writes.
(MIT Bitcoin Club, Mercatus Center, Cointelegraph/Wikimedia Commons, modified by CoinDesk)

(Teddy DAO)
Web3 Charity Teddy DAO is Raising Money Through Daily NFT Auctions
Teaming up with fundraising platform JustGiving, Teddy DAO will hold a daily auction of teddy bear NFTs, allowing the buyer to donate proceeds to a charity of their choosing.
(Teddy DAO)

The JOMO Effect (peaceinside.live)
From FOMO to JOMO: Web3 Mental Health Collective Peace Inside Live Launches NFT Collection
The collection, which encourages holders to practice the “Joy of Missing Out,” will donate primary sale profits across five mental health organizations in honor of May’s Menta...
The JOMO Effect (peaceinside.live)

(Samuel Regan-Asante/Unsplash)
Crypto Philanthropy 101: What Donors and Organizations Need to Know
Giving crypto as a charitable donation or setting up a nonprofit to receive crypto isn’t hard, but there are some unique considerations to think about.
(Samuel Regan-Asante/Unsplash)

(Katt Yukawa/Unsplash)
UK Charities Offered Guidance for Accepting Crypto Donations
Nonprofits need to weigh the risk of volatility and hacks, and follow money laundering norms, the Charity Commission said.
(Katt Yukawa/Unsplash)

(Yunha Lee/CoinDesk)
Nervous About Crypto Taxes? Donate Your Profitable Holdings Instead
Crypto traders can avoid paying capital gains taxes by reaping the benefits of one of the most generous deductions in the tax code.
(Yunha Lee/CoinDesk)

Robert Rauschenberg, creator of “Canyon” (Nijs, Jac. de/Fotocollectie Anefo/Nationaal Archief, modified by CoinDesk)
Why Not Donate Dead NFT Wallets?
Inaccessible cryptocurrencies presumably have taxable value, meaning they can be donated to a museum, conceptual artist and lawyer Brian Frye writes.
Robert Rauschenberg, creator of “Canyon” (Nijs, Jac. de/Fotocollectie Anefo/Nationaal Archief, modified by CoinDesk)

Sam Bankman-Fried in June/December 2022 (Craig Barritt/Joe Raedle/Getty Images)
Sam Bankman-Fried’s Altruism Wasn’t Very Effective
The FTX founder's obsessive emphasis on charity is a troubling example of "impact washing," Lucía Gallardo, founder of regenerative finance project Emerge, writes.
Sam Bankman-Fried in June/December 2022 (Craig Barritt/Joe Raedle/Getty Images)