The Built with Bitcoin Foundation announces charity partnership with Bitcoin Magazine

The Built With Bitcoin Foundation, a humanitarian organization devoted to creating equitable opportunity by providing clean water, access to quality education, sustainable farming, and humanitarian support—all funded by Bitcoin and cryptocurrencies, has announced that they will be the sole charity partner for Bitcoin Black Friday, an initiative hosted by Bitcoin Magazine, the oldest and most established source of news, information and expert commentary on Bitcoin, its underlying blockchain technology and the industry that has been built up around it.

Bitcoin Black Friday is known to the bitcoin community as the biggest single day of spending for Bitcoin merchants. This year, Bitcoin Magazine is adding a charitable component, reestablishing the day as one for not only finding the best deals, but for giving back.

The Bitcoin Black Friday website will host deals and one of a kind experiences with some of the biggest names involved in the industry, exclusively for bitcoin buyers. Some unique experiences include a yacht party with Bitcoin OG Max Keiser and a Metallica Concert VIP Meet & Greet with Bitcoin podcaster Peter McCormack.

Notable merchants will include Arculus, Bitdeer, CryptoCloaks, FOLD, and dozens more. A portion of proceeds will go directly to the Built with Bitcoin Foundation and will fund school and community projects in El Salvador.

The campaign’s goal is to raise a minimum of $20,000 in BTC to support the Foundation’s efforts to provide access to education, technology, and resources to Isla Tasajera, a local community in El Salvador.

Specifically, the donation will be funding the repairs of the school, the creation of a technology center inclusive of laptops and internet capabilities, as well as the purchase of a boat that will be used by residents for groceries, commuting, and transportation.

The Built With Bitcoin Foundation has made a big footprint in the African region, building six schools (two in Rwanda, two in Kenya, and two in Nigeria) with more on the way. Additionally, the Foundation has developed multiple water projects, and cultivated dozens of farms. The Foundation’s goal is to build 100 schools and communities by 2030 around the world, with its next projects taking place in West Africa in 2022.

Ray Youssef, Executive Director of Built with Bitcoin, said, “We’re honored to be the charity partner for Bitcoin Black Friday. Bitcoin allows us to execute our mission to make an impact in countries all over the world.

"The blockchain for philanthropy not only provides complete transparency for donors, but also minimizes the exchange costs and delays associated with traditional banking. It’s because of these core principles of the Foundation that we are able to deliver maximum impact to humanity and unlock the true power of crypto for philanthropy.“

Yusuf Nessary, Director of Philanthropy of Built With Bitcoin, said, “Our Foundation exists because of communities like those in El Salvador who have welcomed change and embrace economic development. These projects are not important because of the structures that we build or repair, but because of the lasting impact it creates for the people of the community. People are the most important part of our work, and I’m grateful for the opportunity to continue our mission with the support of Bitcoin Magazine.”

Mike Germano, Publisher, Bitcoin Magazine, said, “We wanted to reimagine the way people thought about shopping on Black Friday. When deciding on a charity partner for our Bitcoin Black Friday campaign, we immediately thought of the Built with Bitcoin Foundation. We are thrilled to have them as our exclusive charity partner this year, and support their efforts in bringing resources to the people of El Salvador.”

Bitcoin Black Friday sales will run from Friday, November 26 through Sunday, December 26. Visit www.bitcoinblackfriday.com for more information.

About Built With Bitcoin

The Built With Bitcoin Foundation is a registered 501(c)(3) not-for-profit organization dedicated to creating opportunity by providing clean water, access to quality education, sustainable farming, and humanitarian support---powered by Bitcoin and cryptocurrencies.

Ray Youssef, Executive Director of the Foundation, alongside Yusuf Nessary, Director of the Foundation, set up the Built with Bitcoin Foundation to provide people with access to education and water. To date, the foundation has built six schools (two in Rwanda, two in Kenya, and two in Nigeria), multiple water projects, and cultivated dozens of farms. The Built with Bitcoin Foundation is funded by the Bitcoin and cryptocurrency community.

About Bitcoin Magazine

Bitcoin Magazine is the oldest and most established source of news, information and expert commentary on Bitcoin, its underlying blockchain technology and the industry that has been built up around it. Since 2012, Bitcoin Magazine has provided analysis, research, education and thought leadership at the intersection of finance and technology.

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