Story Highlights
- Crypto Community Aids Flood Relief in Southern Brazil: Bybit and Foxbit, a Brazilian platform to support victims of historic floods.
- Direct Relief to Impacted Communities: Donations to the “Ajude o Rio Grande do Sul” campaign go directly to local NGOs leading rescue and reconstruction.
- Double the Impact: Bybit matches donations up to US$10,000, maximizing resources available to those in need.
The cryptocurrency community is stepping up to offer real-world help in the face of a natural disaster. Bybit, a major global cryptocurrency exchange, has announced a collaborative donation campaign with Foxbit, a Brazilian crypto platform, to support victims of the devastating floods in Southern Brazil.
These historic floods, caused by relentless downpours, are the worst the region has seen in over eight decades. An estimated 350,000 people in Rio Grande do Sul have been impacted, facing loss of homes, livelihoods, and essential services.
Direct Relief Through Local NGOs
Bybit is partnering with foxbit’s “Ajude o Rio Grande do Sul” campaign, ensuring donations reach those who need them most. This campaign prioritizes direct relief by channeling funds to local NGOs actively leading the rescue and reconstruction efforts. These local organizations possess the deep understanding and connections necessary to efficiently deliver aid to the most affected areas.
Maximizing Impact: Bybit Matches Donations
Bybit’s commitment extends beyond offering a donation platform. They’ve pledged to match every contribution made to the campaign, up to US$10,000. This means a US$20 donation becomes US$40, a US$100 donation becomes US$200, and so on. By doubling the impact of each contribution, Bybit significantly increases the resources available to local NGOs, allowing them to provide more extensive relief and support to a wider range of victims.
Join the Global Crypto Community in Helping
Every contribution, big or small, makes a difference. Donations made through the “Ajude o Rio Grande do Sul” campaign on the foxbit website will directly support families and communities rebuilding their lives. This collaborative effort between Bybit and foxbit demonstrates the power of the crypto community to mobilize during times of crisis. By leveraging their platforms and resources, they’re empowering individuals worldwide to contribute to the relief efforts and ensure swift recovery for the people of Southern Brazil.
