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Sunday, February 18, 2018

The Pineapple Fund: Giving $86 Million in Bitcoin(5057 BTC) To ...
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The Pineapple Fund is a philanthropic project by an anonymous individual to give away 5,057 Bitcoins to charity (valued at $86 million in December 2017).


Video Pineapple Fund



Foundation

The Pineapple Fund was announced with a post on reddit on December 14, 2017 linking to the domain pineapplefund.org.

The individual behind the fund has remained anonymous, but says they have been involved in Bitcoin since the early days.


Maps Pineapple Fund



Donations

The fund's first donation was $1 million to Watsi.

The fund made its two largest donations of $5 million each to GiveDirectly and The Open Medicine Foundation. It also promised to match an additional $4 million of donations to MAPS.

The fund has also donated $1 million to the following organisations:

  • Internet Archive
  • The Water Project
  • BitGive
  • Electronic Frontier Foundation
  • Multidisciplinary Association for Psychedelic Studies
  • Sens Research Foundation
  • Charity: Water
  • Mona Foundation
  • newstory
  • Pencils of Promise
  • Quill
  • The Focus Foundation
  • Possible
  • Open Medicine Foundation
  • Free Software Foundation
  • Sustainable Ocean Alliance

In addition the fund has donated smaller amounts to other organisations bringing its total disbursements to $20 million as of January 2018.


Pencils of Promise got $1 million in bitcoin from Pineapple Fund
src: fm.cnbc.com


See also

  • List of bitcoin organizations

pineapple hashtag on Twitter
src: pbs.twimg.com


References


Pineapple Fund gives $5 million in bitcoin to fight poverty with cash
src: fm.cnbc.com


External links

  • Official website

Source of article : Wikipedia

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