The Water Project has revealed how an anonymous donor transferred 38 Bitcoins, equivalent to £17,500, to support one of its causes.
The charity said it was the largest single donation it has ever received and will now be used to help fund sanitation projects for the next few years.
In a statement posted to Reddit, The Water Project commented: “We don’t know who you are, but we’re grateful. So just in case you hang out here, we want to say thanks! Today you gave enough BTC — totally anonymously — to provide clean, safe water and sanitation facilities to an entire school and for the monitoring and repair funds to keep it working for years to come.”
The charity added that the Bitcoin community has funded more than five projects over the past couple of years.
The Water Project, which first launched its Bitcoin funding initiative in 2015, is an integral partner of the BitGive Donation Transparency Platform. Its technology-centric project – dubbed The Water Promise – uses Bitcoin donations to receive “highly transparent” international donations.
The Water Promise combines high-tech remote monitoring with local repair teams to help ensure that safe water isn’t just provided but that it’s reliable over time.
“We now post smartphone and sensor-based data online and in real-time for all to see – when things break and every day that water flows,” the charity added.
One of the most high-profile projects to come out of the funding initiative was the building of a water well at a school in western Kenya which serves over 500 people and was funded by donations from the Bitcoin community.
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