Blockchain projects are helping to bring trust back to charityby@olivier-acuna
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Blockchain projects are helping to bring trust back to charity

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In 2018, trust in charities dropped from 67% to 55% in comparison to 2008. Most charities spend at least 30% of donations in overhead and events to raise more funds. Some organisations deliver less than 10% of funds to those in need. The Cancer Fund of America only delivered 3% of the money they raised to the cause itself. The UK Charity Commission published their Trust in Charities 2018 report finding that trust in charity is down to 52% from 67%. In the United States, only one in five US citizens highly trust charities.

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by Olivier Acuna @olivier-acuna.Journalist since 1984. In Web3 since 2018. Writer, reporter, ghostwriter, marketing, and Public Relations.
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