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Ripple Madonna Partnership | Ripple Joins Raising Malawi

Ripple is back at it again with the partnerships. A few months ago, it seemed like there was a new Ripple partnership or donation every week. Then things slowed down. This week, the Ripple I know is back. This week, we’ve heard about the Ripple Madonna partnership. And it’s true.

Ripple Madonna Partnership: Another One!

On Monday, pop icon Madonna announced that she would be partnering with Ripple. The crypto startup also confirmed the news. But why did they partner? Well, Ripple will be raising funds for Raising Malawi, the non-profit organization Madonna founded alongside Michael Berg in 2006.

There are a few things to take away from the Ripple Madonna partnership.

1. Money’s Being Raised

The Ripple fundraiser is acting as a way to support Raising Malawi’s work at an orphanage called the Home of Hope orphanage.

On Facebook, a donations page says people have already raised more than $26K. The target is $60K. I don’t know about you, but if this keeps up, I can see Ripple and Raising Malawi hitting this goal. Maybe even surpassing it.

2. An Important Cause

Second, this Ripple fundraiser is for such an important cause. Malawi is one of the world’s poorest countries, and Ripple understands that.

In a statement, Ripple’s senior VP of business operations Eric van Miltenburg said they are “honored” to be part of the organization’s “amazing work with some of the world’s most underserved children.”

3. Not the First Time

Third, this is not the first time Ripple has dipped its toes in the waters of humanitarian work.

As I said, Ripple partnerships and Ripple donations are not new. Back in May, Ripple, with Ashton Kutcher, donated $4M to Ellen DeGeneres’ Wildlife Fund.

4. A Birthday Celebration!

Madonna will turn 60 on August 16th. Instead of gifts (okay, maybe not instead of), Madonna has said that this Ripple fundraiser will be a way of honoring her milestone birthday.

Ripple Price: August 1st, 2018

The crypto market is looking a bit better today. At least, in comparison to yesterday.

At press time, Ripple (XRP) is selling for $0.448888, which puts the coin up 4.28% in the past twenty-four hours.

Ripple Madonna partnership
Source: CoinMarketCap

The Takeaway

How do you feel about the Ripple Madonna partnership? Personally, I think it’s great.

>> Coinsquare Adds Ripple (XRP) to its Platform Ahead of US Expansion

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Binance Donates to Japan Disaster Relief

Binance Donates to Japan Disaster Relief: Japan is prone to natural disasters. Located along the world’s most active earthquake belt, the country’s seen everything from earthquakes to mudslides.

The latest Japanese natural disaster occurred this weekend. On the night of July 7, a 6.0 earthquake hit Japan.

No tsunami warning was issued, but the aftermath of the latest Japan earthquake is becoming dire. As a result, crypto exchange Binance has stepped in to help. 

Binance Donates to Japan Disaster Relief 

Since last Thursday, Japan has experienced heavy rainfall, sparking deadly landslides and floods. Then, on Saturday, the 6.0 earthquake occurred; the time was around 9 p.m. 

With over 60 dead from the floods, Binance has called on the crypto community to help in the Japan disaster relief initiative. Binance itself has pledged $1M for the victims. 

In an official post, Binance announced the $1M donation, as well as calling on “crypto friends and partners” to join them. Instructions were provided to those who would like to donate to the Japan disaster relief. 

Binance Donates to Japan Disaster Relief: CEO Speaks Out

The CEO of Binance also shared the news on Twitter. There, Changpeng Zhao once again called on Binance’s crypto partners to join them “and help our friends in need.” 

Cryptocurrency Donations: Do They Make a Difference?

It wouldn’t be the first time cryptocurrencies were put towards aiding natural disasters or donated for charitable organizations. 

The Freedom of the Press Foundation, for instance, now accepts virtual currencies as donations.

Meanwhile, Ripple is known for making donations, either in dollars or XRP. It donated nearly $30M in XRP to DonorsChoose, $4M to the Ellen DeGeneres WildLife Fund and $50M to Universities for more blockchain adoption. 

The Takeaway

Binance donates to Japan disaster relief, and this is something many other financial institutions should do.

My recommendation is that if you have cryptocurrencies to spare, you should take Binance up on its offer, and donate to the Japan disaster relief. The country has been through enough, and according to the weather forecast, more is to come.

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