The Influential Nonprofit

Pat Duffy, Giving Block: Crypto Donations For Nonprofits

Episode Summary

Pat Duffy co-founded The Giving Block, a platform enabling nonprofits to accept crypto donations. This innovative solution has raised over $170M, making crypto philanthropy mainstream. Pat is a recognized leader in the field, honored with Forbes 30 Under 30, and frequently featured in major media outlets including Time Magazine, Newsweek, U.S. News and World Report, Associated Press, CoinDesk, and CNBC. Key Takeaways: Accepting cryptocurrency donations is not just a matter of accepting digital currencies for the sake of trendiness; this strategy opens doors to a whole new demographic of donors. Gen Z and millennial billionaires bring not just their digital assets but a preference for tech-savvy giving methods. By tapping into this, nonprofits aren't merely keeping up with the times, they're engaging with a group that tends to give more generously. The process for adopting the practice of accepting cryptocurrency donations is a three-step journey: setting up donation tools, activating teams and donors, and deploying long-term successful strategies. Engaging existing donors and attracting new supporters through simple yet consistent messaging can prove fruitful, especially when aimed at the oft-targeted younger generation who are keen on tech-led financial transactions. “Today for nonprofits, in particular in midsize and large nonprofits, it's become a necessity. It's the main way that Gen Zs invest. It's close to 90% of millennial millionaires or crypto traders. At this point, Gen X earns even more money in crypto than those other generations combined. ” “The main thing we do is - how can we as much as possible reduce how much work goes into it in that first three to six months, and then ensure that you have as many opportunities as possible to get gifts?” “For anyone listening, read a bit about crypto and don't get too bogged down in the technology itself. Crypto is very similar. It's not nearly as scary and complex as it seems.” - Pat Duffy Reach out to Pat Duffy at: Website: https://thegivingblock.com/ X: x.com/thegivingblock LinkedIn: linkedin.com/company/thegivingblock Facebook: facebook.com/thegivingblock Instagram: instagram.com/thegivingblock Ask for and receive all you want, need and deserve without feeling rejected, ineffective, or pushy. Learn to manage your mindset, lead yourself and others more effectively and have the meaningful conversations that drive your most important work. Get your free starter kit today at www.theinfluentialnonprofit.com Connect with Maryanne Dersch: https://www.courageouscommunication.com/connect

Episode Notes

Pat Duffy co-founded The Giving Block, a platform enabling nonprofits to accept crypto donations. This innovative solution has raised over $170M, making crypto philanthropy mainstream. Pat is a recognized leader in the field, honored with Forbes 30 Under 30, and frequently featured in major media outlets including Time Magazine, Newsweek, U.S. News and World Report, Associated Press, CoinDesk, and CNBC. 

 

Key Takeaways:

 

“Today for nonprofits, in particular in midsize and large nonprofits, it's become a necessity. It's the main way that Gen Zs invest. It's close to 90% of millennial millionaires or crypto traders. At this point, Gen X earns even more money in crypto than those other generations combined. ”

 

“The main thing we do is - how can we as much as possible reduce how much work goes into it in that first three to six months, and then ensure that you have as many opportunities as possible to get gifts?” 

 

“For anyone listening, read a bit about crypto and don't get too bogged down in the technology itself. Crypto is very similar. It's not nearly as scary and complex as it seems.”

- Pat Duffy

 

Reach out to Pat Duffy at:

Website: https://thegivingblock.com/

X: x.com/thegivingblock

LinkedIn: linkedin.com/company/thegivingblock

Facebook: facebook.com/thegivingblock

Instagram: instagram.com/thegivingblock