The park in the Republic of Congo is the largest nature reserve in Africa. Now you can support animals with donations in cryptocurrencies
A press release published on Virunga's website says the funds will go to protect the famous mountain gorilla and its habitat. This is an important task, as human economic activity inevitably affects the ecosystem in which these wonderful animals live.
In Virunga Park, which is teeming with species, funds are spent on the care of living creatures. It takes a lot of money. Taking into account how convenient it is to accept payment in cryptocurrencies, the administration of the park decided to add 12 digital assets to the payment at once. Basically, it's BTC, BCH and ETH.
Park employees also answer why it is profitable to make cryptocurrency donations. According to them, in many regions, payments in cryptocurrencies for charitable purposes are not taxed. This means that these donations will not have to pay capital gains tax.
From a tax point of view, donations in cryptocurrencies look effective. They are also fast and simple. Park officials hope that the move will increase the number of donations.
The funds will be used to support the park's rich biodiversity, build renewable energy plants, pay for rangers and many other annual spending.