Crypto Philanthropy: Crypto Fundraising Campaign for Notre Dame Reconstruction

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Crypto Philanthropy: Crypto Fundraising Campaign for Notre Dame Reconstruction

BlockShow Launches Crypto Fundraising Campaign for Notre Dame Reconstruction

Bitcoin donations have already begun pouring in as part of an effort to raise funds for rebuilding the devastated Notre Dame Cathedral in Paris.

Among France’s, and the world’s most iconic structures lies extremely damaged after a tragic fire consumed it 2 days ago. In reaction to the incident, which has deeply moved much of the world, a group of French Bitcoin supporters have actually set up a crypto appeal.

The blaze is now finally doused but millions of euros worth of architecture and artwork have actually been destroyed. France’s president Macron has promised to restore the once-magnificent structure and the Bitcoin donations will contribute towards the effort.

BlockShow Launches Crypto Fundraising Campaign for Notre Dame Reconstruction

French Crypto Community Appeal for Donations

BlockShow, a global blockchain occasion powered by Cointelegraph, has actually started a campaign to raise cryptocurrency for the Notre Dame cathedral restoration. The news was revealed on BlockShow’s official Twitter account on April 16.

In the tweet, the group behind BlockShow revealed that it has initiated a fundraising project for the Notre Dame reconstruction following the destructive fire that engulfed the cathedral yesterday, April 15.

The BlockShow team posted 2 digital currency wallet addresses where everyone interested can move donations in both bitcoin (BTC) and ethereum (ETH), in addition to a link to the Foundations Du Patrimoine, which is raising contributions in fiat currencies.

National Public Radio (NPR) has reported about several other international campaigns raising funds for the cathedral rebuilding, including GoFundMe and La Fondation Avenir du Patrimoine à Paris. As Per NPR, hundreds of millions of dollars have already been contributed by some of France’s wealthiest names, including the Bettencourt Meyers family, Bernard Arnault and François Pinault.

News about the Notre Dame fire has drawn the attention of many of the world’s most prominent individuals. Former president of the United States Barack Obama tweeted:

“Notre Dame is one of the world’s great treasures, and we’re thinking of the people of France in your time of grief. It’s in our nature to mourn when we see history lost — but it’s also in our nature to rebuild for tomorrow, as strong as we can.”

Donald Tusk, President of the European Council  said:

“I’d like to say words of comfort and solidarity with the French nation, also as citizen of Gdańsk, 90% destroyed and burnt, later rebuilt. You will also rebuild your cathedral! From Strasbourg, French capital of the EU, I call on all 28 States to take part in this task.”

The crypto appeal was first launched by French Bitcoin advocate, journalist, and podcaster, Gregory Raymond. His Tweet states that such a philanthropic action could help prove to the lawmakers of the planet that Bitcoin can be used for good and not just the small percentage of criminal uses often cited by regulators and naysayers:

Crypto community raises funds to rebuild Notre Dame

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France Mourned as Cathedral Ashes Smouldered

The twelfth-century cathedral is an absolute symbol of France. It was one of the nation’s most famous landmarks. According to a BBC article, the blaze is now over and the process of salvage and investigation started.

In terms of structural damage, the cathedral’s spire and roof have collapsed. According to the BBC, more than 500 firefighters managed to save one of the building’s bell towers.

Blockchain No Stranger To Philanthropy

Cryptocurrencies and blockchain have been gradually entering the charity sector, purportedly providing more transparency and trust to the industry. Recently, U.S. crypto payment processor BitPay and the non-profit and charitable organization that operates Wikipedia, the Wikimedia Foundation, partnered to accept crypto donations.

Last December, a Dublin-headquartered startup dubbed AID:Tech teamed up with the Irish Red Cross to use blockchain technology in a new app that improves transparency for charitable donations.

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