As we have written in the past, the Pineapple Fund has surprises everyone in the crypto market. When everything was glory at that moment (Bitcoin was near its all time high), an early cryptocurrency investor decided to donate millions of dollars in Bitcoin to charities and other associations. Now, its final donation has been announced.
Pineapple Fund’s Last Donation
During the last year, mostly at the end of 2017 and at the beginning of 2018, people were talking about the Lambos that they bought with cryptocurrencies and how many investments they would like to do. But an anonymous investor decided to donate millions of dollars in Bitcoin to charities from all over the world.
But the money that the fund had ended up in 60 different charities. With 5,104 BTC committed, the world will be able to tackle important problems and challenges in a much easier way than before.
The final donation was done to the Open Medicine Foundation (OMF), which has as a goal to fund and initiate collaborative research about chronic complex diseases.
The official Pineapple Fund website reads as follows:
“Pineapple Fund was an experiment in philanthropy with cryptocurrency wealth. What happens when you ‘play-money’ becomes a treasure chest, and you’re past the satiety point of money? I decided to donate the majority of my cryptocurrency to charities around the world, with an open application process and funding charities big and small. I focused on causes I believe in, or causes I know will work from my experiences.”
The anonymous donor, that defines himself as Pine, explained that he will remain anonymous because the point of the Fund is not him, but the projects he was able to fund.
“I’m going to remain anonymous, because the point of the Pineapple Fund is not me. I consider this project a success. If you’re ever blessed with crypto fortune, consider supporting what you aspire our world to be”
Among the charities supported we find, watsi, The Water Project, BitGive, OpenBSD, Sens Research Foundation, New Story, Green Steps, Give Directly, The Focus Foundation, and Alter.
