Podknife - What is Cryptocurrency and How to Accept it as a Donation: Joel Clelland by Nonprofit Architect Podcast

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What is Cryptocurrency and How to Accept it as a Donation: Joel Clelland

Podcast |: Nonprofit Architect Podcast
Publisher |: Travis Johnson
Media Type |: audio
Podknife tags |: Business,; How To,; Interview,; Management & Marketing,; Non-Profit
Categories Via RSS |: Business,; Education,; How To,; Non-Profit
Publication Date |: Dec 14, 2021
Episode Duration |: 00:26:28

Cryptocurrency has become mainstream and your nonprofit needs to be prepared to accept Cryptocurrency donations. Do you know what avenues your nonprofit can use to receive Cryptocurrency? How can you make your charity attractive to donors who use Cryptocurrency?  

Conversation Highlights: 

{00:58} What is Project Boon? 

{02:57} What is Sedrak?

{04:57} What does blockchain look like in the real world? 

{13:48} Avenues people can use to set up ways to receive Cryptocurrency.

{18:58} Different types of money compared to Cryptocurrency.

{21:06} How to make your charity more attractive to Cryptocurrency.

{25:16} Final thoughts. 

 Remarkable quotes: 

 Blockchains are digital or distributed ledgers; a Ledger Is a way to keep track of things.

The digital ledger is transparent, and immutable, which means it can't be changed. 

Blockchain, keeps things very synonymous and cohesive? 

Whether it's for-profit or nonprofit, we want customers or donors.

 In the digital world, you've got different companies instead of a nation creating their own currency.

If you're receiving it via crypto wallet, it is technically shares of a coin and not the coin itself. 

 Resources: 

https://www.facebook.com/joel.d.clelland

https://twitter.com/RealClelland?s=09

https://www.linkedin.com/in/joel-clelland-397b79135

Instagram @joel_clelland

https://www.centric.com/about/

Bio for  Joel Clelland 

With over twenty years of diverse career experience, Joel brings an impressive track record of leadership in various industries and capacities, including finance, education, and the nonprofit/philanthropic sector.

Nonprofit Architect Podcast Links  

Website: http://nonprofitarchitect.org  

Community: https://www.facebook.com/groups/NonprofitArchitect 

Ultimate Podcast Guide  https://nonprofitarchitect.org/ultimate-podcast-guide/

Subscribe and leave a review https://podcasts.apple.com/us/podcast/nonprofit-architect-podcast/id1481292481

Patreon https://www.patreon.com/NonprofitArchitect

Watch on YOUTUBE https://www.youtube.com/channel/UCQm8fnR2sHyrmLpV2jKYajA

Listen to these other great podcasts from Veterans. https://nonprofitarchitect.org/veteran-podcast-network/

Want help getting your podcast started? https://nonprofitarchitect.org/podcast-production-services/

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