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Madrid, December 11, 2023.- In an increasingly digitalized world, technology is transforming the way non-profit organizations raise funds and, in this sense, Lazzaro emerges as a driving force with its innovative platform.
Lazzaro, a technology-based social company, has previously developed multiple solutions for the third sector, and is now launching a new tool so that Non-Governmental Organizations (NGOs) can receive donations in crypto in an easy and secure way. This tool is made up of:
A tax relief calculator for both cryptocurrency donations and card donations.
A database of NGOs that accept donations in crypto and by card.
Traceability of donations thanks to Blockchain technology.
In this way, Lazzaro aims to help NGOs, accessing new donors, and donors, using Blockchain to provide maximum transparency.
According to Giving Report's Giving Trends Report (2018), traditional giving trends are declining; 54% of donors around the world prefer to donate online with a credit or debit card and 9% do so through PayPal, and the average age of donation is increasing.
According to the report from the Spanish Fundrasing Association (2020), lack of trust is the second reason for not donating to NGOs, behind economic problems.
Furthermore, according to the report The digital transformation of NGOs by ESADE and PwC, only 8% of social organizations have a digitalization strategy.
However, when you look at the crypto world, the average age of the donor drops, the average donation goes up and, in turn, Blockchain technology can guarantee the transparency of donations, according to The Rise Of NFT Fundraising study by The Giving Block.
Carlota Corzo, its CEO and founder, talks about the lack of trust in the sector as one of the first reasons not to donate in Spain. To ensure transparency in donations, Lazzaro implements Blockchain technology, which traces and verifies each crypto transaction. This not only provides security to donors, but also strengthens the integrity of NGOs by demonstrating the traceability of funds received.
With the help of CLCripto, Lazzaro goes one step further by offering donors a unique calculator that facilitates the estimation of tax relief when making donations in cryptocurrencies, relying on one of the greatest experts in the sector, Jesús Lorente, highlighting the commitment of both companies with efficient fundraising, transparency and fiscal responsibility.
Lazzaro is leading the way into the future with his new initiative: crypto donations. Under the umbrella of "Disruptive", the innovative branch of Lazzaro, social organizations have the opportunity to take advantage of the latest technological trends with maximum security.
This new crypto donation campaign allows any NGO to receive contributions in cryptocurrencies from anyone, from anywhere, marking a milestone in the evolution of digital philanthropy.
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