International blockchain platform Blockshow has announced the launch of its cryptocurrency-based fundraising initiative to raise money that will then be used to rebuild the Notre Dame cathedral.
The Notre Dame cathedral is perhaps one of the most prolific landmarks in Paris but unfortunately, it was damaged after a fire that broke out on April 15 this year. Plans for the cathedral’s reconstruction are already underway and BlockShow is rising to the occasion by running a cryptocurrency-based fundraising campaign. The proceeds from the campaign will be used to fund the reconstruction of the cathedral.
BlockShow’s team revealed through a tweet that they launched the campaign to help raise funds for the Notre Dame cathedral’s reconstruction just days after the fire that burnt it down. The team also posted two cryptocurrency wallet addresses that people can use to send their donations in the form of Ethereum (ETH) and Bitcoin (BTC). The team also provided a link to Foundations Du Patrimoine, the organization that is responsible for raising funds in fiat currency for the cathedral’s rebuilding.
“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,” stated Donald Tusk, the President of the European Council.
Tusk also urged all the 28 countries that are members of the EU to participate in the cathedral’s rebuilding process. Donations started pouring in as soon as news broke out about the fire and the damage that took place. Notable political figures such as the former U.S president Barack Obama and current president Donald Trump have already offered their support.
Cryptocurrencies slowly becoming the norm in charity
BlockShow’s fundraising campaign for the Notre Dame Cathedral’s rebuilding marks the latest use of digital currency platforms for charity purposes. This is because cryptocurrencies and blockchain technology offer the trust and transparency required in the fundraising sector. Other organizations and companies in the crypto sector such as the BitPay payment processing platform accept cryptocurrency donations. The Irish Red Cross launched a blockchain-based app in December last year, through which it handles donations.