For over 60 years, CCFD-Terre Solidaire has been acting alongside those who fight daily against all the causes of hunger and who face the injustices of the current development model. Today, the NGO takes a new step by opening its donation collection to cryptocurrencies. This initiative, led in partnership with Vadato, a specialist in association tools, and Coinhouse, a leader in crypto-asset services in France, aligns with the fundamental values of Web3: transparency, inclusion, and equity.

Why cryptocurrencies? Why now?

Climate disruptions, inequalities leading to excessive concentration of wealth, as well as other challenges in today’s world, require tools that go beyond conventions. Cryptocurrencies have a unique potential to mobilize new communities, particularly those attracted by the radical transparency of blockchain and the ideals of a more equitable economy. With this project, CCFD-Terre Solidaire opens itself to Web3 actors to collectively build solutions that address current and future economic and social challenges.

A pioneer of financial and social revolutions, CCFD-Terre Solidaire is innovating again by becoming one of the first French NGOs to offer a cryptocurrency collection solution compliant with regulations. One step closer to solidarity rooted in the future.

Marie-Hélène Vouilloux, Innovation Officer at CCFD-Terre Solidaire

A mission driven by universal values

Since its creation in 1961, CCFD-Terre Solidaire has never shied away from challenges. The NGO operates on the ground, hand in hand with over 400 partner organizations in 60 countries. Its approach? Support projects led by the populations themselves, for sustainable solutions adapted to each context.

Four battles for a fairer world

A central pillar of its commitment, food sovereignty relies on peasant and solidarity agroecology, which preserves natural resources and strengthens short circuits. The NGO supports peasant communities, responsible for 80% of global food production, but among the most affected by hunger. Convinced that migration is a wealth and that peace relies on justice and dialogue, CCFD-Terre Solidaire acts for inclusive and solidarity-based societies. Finally, the organization places economic justice at the heart of its fight against the impunity of multinationals and promotes an economic system that respects human rights. CCFD-Terre Solidaire advocates for fair international taxation, the cancellation of unsustainable debts of southern countries, and a global governance that holds large companies accountable. A pioneer of solidarity savings in France, CCFD-Terre Solidaire has been implementing solidarity financial investment products for the common good for 40 years: Common Investment Funds, savings accounts, micro-donations…

When Web3 meets the values of solidarity

Web3 is not just about technology: it is a vision. A vision where transparency, fairness, and individual autonomy, through decentralization, redefine the rules of the game. CCFD-Terre Solidaire has shared these ideals since its inception and resonates them with its own battles.

By choosing to accept cryptocurrencies, the NGO does not impose a change, but proposes a bridge. It invites the crypto community to actively participate in concrete projects, which bear sustainable transformation for the most vulnerable. You are invited to show that the virtual and immaterial value of crypto-assets can translate into concrete results and a force for change.

Vadato and Coinhouse: partners serving a global cause

To meet this challenge, CCFD-Terre Solidaire has surrounded itself with two essential players:

• Vadato, which has developed a custom technical solution, allowing the integration of a cryptocurrency collection, and supports multiple other aspects of philanthropic activities thanks to its tools and techniques;
• Coinhouse, recognized for its expertise and its registration with the AMF, which guarantees the security and compliance of transactions.

Our mission is simple: to make donations accessible and secure for all. Whether you are a regular donor or an active member of the Web3 community, our technology is here to facilitate engagement.

Damien Chalret du Rieu, CEO of Vadato

We believe in a Web3 that transcends the boundaries of innovation to serve causes that matter. This collaboration is proof that blockchain can have a real impact, here and now.

Nicolas Louvet, CEO of Coinhouse

A call to those who want to take action

This initiative is much more than a simple collection: it is an invitation to be part of a movement. Each donation directly contributes to projects that change lives, but it is not just about financial support. It is about bringing your voice, your ideas, and your support to a global mission.

For example, in 2009, CCFD-Terre Solidaire produced an exclusive report on financial diversions carried out by several heads of state around the world. This was followed by 10 years of intense legal battles that resulted, in 2017, in multiple convictions, including the total confiscation of “ill-gotten” goods and the restitution of more than 150 million euros to the dispossessed peoples. In March 2017, France adopted an unprecedented law on the duty of vigilance of companies and became a pioneer in the fight against the impunity of multinationals. This law is the result of a long struggle led by CCFD-Terre Solidaire with civil society and committed politicians. This text marks a historic advancement towards the respect of human and environmental rights by multinational companies.

Join the CCFD-Terre Solidaire Telegram, follow the evolution of projects dedicated to Web3 and discover how your donations, even modest ones, can become a driving force to transform unjust systems.

We believe in a future where economic justice is not a distant ideal, but a concrete reality. With your help, we can build it together.

Marie-Hélène Vouilloux

Now is the time to act. Join us! t.me/ccfd_tsolidaire

More info: https://ccfd-terresolidaire.org/donner-en-cryptomonnaies/

La Rédaction C.

L’équipe éditoriale de Cointribune unit ses voix pour s’exprimer sur des thématiques propres aux cryptomonnaies, à l’investissement, au métaverse et aux NFT, tout en s’efforçant de répondre au mieux à vos interrogations.

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More than three years ago, before he became a millionaire the first time around, Glauber Contessoto borrowed $1,500 from his aunt Cristiane Almaraz to invest in Dogecoin, the cryptocurrency that started as a joke about an internet dog meme. In return, once Doge shot to the moon as Contessoto believed it would, he promised her a house.

As of late November when we recorded a Zoom conversation together, Contessoto had $2.2 million in Doge. He has even more in other cryptocurrencies.

He’s planning to sell some of the incredibly volatile Dogecoin in six to eight months, when he thinks the price will more than triple. Alamaraz wants him to sell now.

“Ultimately at that point I’ll have $10 million, so with $10 million even a million-dollar house wouldn’t affect my finances that much,” said Contessoto.

“I don’t need a million dollar house,” Almaraz said.

“You live in Maryland, you need a million dollar house,” said Contessoto.

Almaraz is a housekeeper, her husband works as an Amazon driver and they have two kids. She said after a car theft forced them to buy a new vehicle, they’re down to about $5,000 in savings.

Part of Almaraz’s frustration is that she feels like she’s seen this movie before.

“Cause Dogecoin is very unstable, so how can you guarantee that in six months you will do that, you know?” Almaraz asked.  

“Because I’m basing this off of patterns,” said Contessoto. “Trends, patterns, charts, graphs. I do crypto full time now, right? I study this.”

At one point in 2021, after investing his life savings in Dogecoin, Contessoto had about $3 million in the memcoin and became a kind of crypto celebrity. His YouTube channel and social media popularity made the “Dogecoin millionaire” the most famous Dogecoin evangelist not named Elon Musk.

And then just a year later, as all that buzz for Bitcoin and NFTs cooled and crypto winter settled in, the “Dogecoin millionaire” became the “Dogecoin former millionaire.”

“I remember very vividly, I was in the parking lot of the gym that I would go to,” says Contessoto. “And I was sitting in the car watching it just plummet, and watching the amount in my Robin Hood dump down all the way to $200,000.”

But Contessoto stuck with the memecoin that brought him here, and pushed the money he was receiving from crypto-related endorsements into more Doge, as well as other crypto.

“There are days where I think ‘Oh, I kind of wish I would have sold.’ But ultimately that’s not where my heart was, and I’m very big on following my gut feelings on things,” Contessoto said.

That gut ultimately proved right. Doge started rising again in 2024, partly in line with Trump’s poll numbers. The former president had pledged to lighten regulations on crypto on the campaign trail.

And then after the election, something extraordinary happened. One of those glitches in the matrix that makes you question not only whether you’re living in a simulation, but whether it’s a simulation specifically designed to mock you for responsibly stowing your retirement money away in an index fund.

Trump announced plans to create the Department of Government Efficiency — DOGE for short — an organization tasked with slashing the federal bureaucracy, which Musk had half-jokingly proposed before the election.

Dogecoin soared. Since the election, it’s up more than 120%.

“That’s like branding that’s perfect right?,” said Contessoto. “I couldn’t have created that in a better way.”

Trump and his DOGE have been a huge financial boon for Contessoto. But there’s another part of Trump’s agenda that could be a major problem.

“I am currently undocumented as of right now,” said Contessoto. “Yeah, I don’t have papers.”

Contessoto came to the U.S. from Brazil when he was 5. His mother has a green card, but he’s still trying to get legal status.

“I have conflicting emotions about Trump,” said Contessoto. “Financially speaking he’s probably the best bet. On the other side I could get a knock on the door next week and I’m deported. And everything I know just goes up in flames.”

Over the holidays Contessoto is actually outside the U.S., tending to a family emergency. He’s unsure whether he’ll even be allowed back into the United States without his papers.

For the first time in years, he won’t be spending Christmas with aunt Cristiane in Maryland. He said she can have anything she wants as a gift — short of a house.

The
cryptocurrency market is witnessing a significant correction in Cardano (ADA)
prices, with the token experiencing a sharp decline to $0.9, representing a 24%
decrease in the past 24 hours. This downturn comes after an impressive 216%
surge in November, raising questions about the sustainability of ADA’s recent
rally.

During
Monday’s session, ADA’s price dropped nearly 16%, closing the day at $1.
Intraday declines were even steeper, reaching a local low of $0.91. This
represented a temporary 24% loss for Cardano, marking the largest single-day
drop in over three years, since September 2021, when ADA’s price fell by 30%.

Today,
Tuesday, December 10, 2024, ADA’s price is seeing a slight correction, up 1.3%.
Currently, Cardano is trading at $1.02 on Binance. However, the recent drop
significantly impacted Cardano’s total market capitalization, which now stands
at $35.6 billion, pushing the token to the ninth position among the largest
cryptocurrencies
Cryptocurrencies

By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw

By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw
Read this Term by market cap.