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A New Hope?: Cryptocurrencies in Philanthropy

Track: Prospect Research

Session Number: 3047
Date: Tue, Aug 25th, 2020
Time: 3:45 PM - 4:30 PM

Description:

When people think of cryptocurrencies, they think of volatility and data leaks, not philanthropy. But organizations in the US and the world are accepting cryptocurrencies and even creating their own. With the rise in new cryptocurrencies each month, it appears that the e-currency may not be a passing fad. This session will give an overview of what cryptocurrencies are and how they relate to fundraising. The session will explore best practices and ethics, talk about donor profiles, and more to help prospect developers get better acquainted with this new area of philanthropy. I will be expanding on my article I wrote for The Daily Dot on this topic.
Session Type: Breakout Session (45 Minutes)

Learning Objective #1: Prospect Developers will leave with a comfortable understanding of what cryptocurrencies are and how they work.
Learning Objective #2: Prospect Developers will learn the terminology about cryptocurrencies to help their organizations.
Software or Vendor Tools: No
Primary Competency: PR:Competency 3: Prospect Research Essentials
Secondary Competency: PR:Competency 6: Research Methodology and Analysis Presentation
Tertiary Competency: PR:Competency 7: Prospect Interests and Networks/Relationships
Intended Audience Level: Level II
Recommended Prerequisites: None
Shop Size: Small, Mid-Size/Large, All Shop Sizes
Session Type: Breakout Session (45 Minutes)

Learning Objective #1: Prospect Developers will leave with a comfortable understanding of what cryptocurrencies are and how they work.
Learning Objective #2: Prospect Developers will learn the terminology about cryptocurrencies to help their organizations.
Software or Vendor Tools: No
Primary Competency: PR:Competency 3: Prospect Research Essentials
Secondary Competency: PR:Competency 6: Research Methodology and Analysis Presentation
Tertiary Competency: PR:Competency 7: Prospect Interests and Networks/Relationships
Intended Audience Level: Level II
Recommended Prerequisites: None
Shop Size: Small, Mid-Size/Large, All Shop Sizes