Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Tuesday, July 06 2021 - 01:05
AsiaNet
ELONGATE and The Giving Block Announce Strategic Partnership and Launch of #ELONGATExTGB Campaign
BERN, Switzerland, July 5, 2021 /PRNewswire-AsiaNet/ --

-Elongate has donated more to The Giving Block charities than any other BSC 
project. Moving forward to its next phase of growth, Elongate announces its 
strategic partnership with The Giving Block to accelerate its goal of igniting 
social impact transformation empowered by blockchain technology 

Elongate and The Giving Block (TGB) are excited to announce an official 
partnership. For months now, Elongate has been donating to amazing causes that 
work with The Giving Block, and working with our partners at The Giving Block 
to accelerate crypto adoption by charities. Elongate has so far donated over 
US$3 million worth of crypto to nonprofits around the world.

The #ELONGATExTGB campaign will capitalize on Elongate's commitment to 
empowering people to support good causes by partnering with The Giving Block, 
an avenue for charitable organizations to directly receive donations through 
TGB's fundraising platform. The campaign also aims to amplify the efforts of 
The Giving Block and Elongate to inspire communities and educate them about the 
untapped potential of cryptocurrency projects in creating social impact enabled 
by blockchain technologies. 

As detailed in its whitepaper(https://www.elongate.cc/whitepaper), a key 
highlight of Elongate is its unique tokenomics. A 10% tax is imposed during an 
outgoing transaction, of which a portion is redistributed to its community of 
holders and another portion of which goes to charity. With its vision to forge 
a revolutionary social impact ecosystem on the blockchain, Elongate's strategic 
partnership with The Giving Block puts the crypto movement in a unique position 
to leverage its tokenomics as well as community action. Lorenzo Andree, Chief 
Executive Officer of Elongate, said: "Elongate's mission is to defy the status 
quo and make profitability intrinsically linked to positive social impact. Our 
collaboration with The Giving Block is a monumental cornerstone of our 
proactive goal to ignite a social impact transformation."

Commenting on the campaign, Gene Rhode, Elongate's Chief Marketing Officer, 
said: "Elongate has constantly been working with The Giving Block behind the 
scenes. With the establishment of our long-term vision, this campaign with The 
Giving Block solidifies our foothold in the cryptocurrency space as the boldest 
token project that builds transparent pathways to earning and giving."

The Giving Block and Elongate will continue to work together to educate new 
nonprofits about cryptocurrency and get them equipped to accept crypto 
donations. To learn more about The Giving Block and its partners in the 
blockchain space, go to: https://www.thegivingblock.com/partners. Visit the 
Elongate website and learn more about the world's first and biggest charitable 
cryptocurrency: https://www.elongate.cc/

Media contact

Gene Rhode
gene.rhode@elongate.cc
+886-966615745

SOURCE ELONGATE