Bitcoin has been breaking ground in the world of charity, as several charitable organisations are directly accepting Bitcoin donations. ChangeTip, a Bitcoin microtipping company, is looking to explore that avenue of opportunity by letting tippees direct their tips to charitable causes. So far, ChangeTip has partnered with the BitGive Foundation, with additional functionality and development to follow over the next few months.
The decision to explore a way to integrate microtipping with charitable causes sprouted from an interview with ChangeTip CEO Nick Sullivan in December of 2014. Bitcoin donations are an excellent way to do a good deed and raise bitcoin awareness at the same time, so it only makes sense to see one of the more popular Bitcoin companies work on a feature to unite both causes.
Not only is the partnership between ChangeTip and the BitGive Foundation the first step towards building a bitcoin-based ecosystem for micropayments, but it also opens up the door for more charitable organisations to easily accept Bitcoin donations. As we have seen at the end of 2014, ChildFund International joined the list of charitable organizations accepting digital currency donations.
ChangeTip’s redirect feature will be thoroughly reviewed by the BitGive Foundation in order to streamline the process even further, which will in turn benefit all parties involved. One of the major reasons for charitable organisations to accept Bitcoin donations – preferably through ChangeTip of course! – is that the digital currency system reduces fees on accepting fees, and can be sued as a “daily feature” in the end. If even 15 people donate a portion of their tips on a daily basis to a good cause, a social change is not that far away.
“Microdonations, in and of themselves, open up a whole new way of giving for charities that was never really cost-effective before. It’s not exclusive to ChangeTip, but they’ve made features that make it easy and fun, and bitcoin, really, has opened that up. We’re just really excited to be working with them and excited to be the first charity that they have incorporated into this new feature%,” Connie Gallippi, executive director and founder of BitGive told the media.
While the current implementation is just the first iteration of ChangeTip’s plans, plans are already set in motion to improve this feature in order to turn it into a more intricate tool.The partnership with BitGive is just one of the many partnerships planned for 2015, as ChangeTip is actively looking at other Bitcoin-related companies to collaborate with this year.