- Graph Blockchain (GBLC) has invested in the Global Charity Coin, a cryptocurrency that facilitates donations to the charity of your choice
- The team behind the cryptocurrency is currently working on its white paper
- When the first sale occurs, Charity Coin will allocate 20 per cent of the initial coin offering to Graph for its investment of up to C$250,000
- According to The Giving Report 2021, the charitable sector contributes 8.5 per cent to Canada’s GDP, or an estimated $169 billion
- Graph Blockchain is a development company that provides high-performance blockchain solutions
- Graph Blockchain (GBLC) is down by 8 per cent and is currently trading at $0.115 per share
Graph Blockchain (GBLC) has invested in the Global Charity Coin, a cryptocurrency designed to facilitate seamless charitable donations.
Global Charity Coin is the first cryptocurrency to allow crypto holders to make donations without needing to first convert their coins to Fiat.
The team behind the cryptocurrency is currently working on its white paper.
When the first sale occurs, Charity Coin will allocate 20 per cent of the initial coin offering to Graph for its investment of up to C$250,000.
According to The Giving Report 2021, the charitable sector contributes 8.5 per cent to Canada’s GDP, or an estimated $169 billion.
Due to the fast-moving nature of the cryptocurrency space, Charity Coin wishes to keep its web properties and other identifiable information private until it is ready to launch. Graph has signed an NDA to this effect.
“We are thrilled to have attracted Graph Blockchain as one of our first investors. Their strong background in building blockchain solutions coupled with their grasp of the crypto markets makes them a perfect fit,” said Global Charity Coin. “We have had tremendous interest from various charities across Canada and we are thrilled to have Graph’s support as it will allow us to build out more quickly.”
Paul Haber, Graph Blockchain’s CEO, commented,
“The ability to invest in GCC at this early stage is a fantastic opportunity for Graph. It positions the company in two ways; it gives Graph investors exposure to the coins as GCC mints them and it positions Graph to collaborate with GCC on the buildout of their blockchain needs to support a global platform.”
Graph Blockchain is a development company that provides high-performance blockchain solutions including data analysis, consulting services and data implementation.
Graph Blockchain (GBLC) is down by 8 per cent and is currently trading at $0.115 per share as of 2:44 pm ET.
