There is an opportunity for allowing any charity to accept donations of *any* token onchain.

Hypothetically, let's call this CoinStar 

1. Send any token to the CoinStar smart contract address for the charity

2. Smart contract automatically swaps the currency for USDC (may require multiple trades)

3. Longer term: make legal / tax argument that the realized value of the USDC can map back as a valid donation from the original party. I assume there are some existing rules why this doesn't work, but might be able to build a case to change it.

What are the best run charities that accept crypto currency? 

I want to donate all the coins that were randomly sent to me over the last few days (around $2 million)

Nikita Bier

There is an opportunity for allowing any charity to accept donations of *any* token onchain.

Hypothetically, let's call this CoinStar 

1. Send any token to the CoinStar smart contract address for the charity

2. Smart contract automatically swaps the currency for USDC (may require multiple trades)

3. Longer term: make legal / tax argument that the realized value of the USDC can map back as a valid donation from the original party. I assume there are some existing rules why this doesn't work, but might be able to build a case to change it.

https://x.com/nikitabier/status/1886136072779763976

Itemizing your deductions? You should have a DAF! Onchain, tax-deductible donations of crypto, stock or cash to 1.8m+ nonprofits in 150+ countries. Start a fund for free today.

@endaoment is set up to do some of this — not sure it’s every coin though