Médecins Sans Frontières Switzerland unveils Stake2Care, a new formula for charity giving leveraging blockchain technology and cryptocurrencies
GENEVA, SWITZERLAND – October 2024. Médecins Sans Frontières (MSF), an international, independent medical humanitarian organization founded in 1971 that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare, is thrilled to introduce the “Stake2Care” program.
This program creates the first way to integrate charitable giving into the cryptocurrency staking process. It enables crypto holders to generate income while supporting MSF humanitarian actions by sharing their staking rewards, today through the Lido protocol, with Médecins Sans Frontières.
Stake2Care: Revolutionizing Fundraising with Blockchain Technology and Cryptocurrency Staking for Médecins Sans Frontières (MSF)
In an era where traditional fundraising methods face numerous challenges and struggle to resonate with the digital natives of Web3 generations, Médecins Sans Frontières (MSF) is pioneering an innovative approach to diversify its revenue streams.
Stake2Care is a groundbreaking solution that harnesses the power of blockchain technology and liquid staking to unlock a new landscape for crypto-enabled acts of solidarity.
The Evolution of Fundraising
Traditional fundraising methods, though effective in the past, often contend with issues such as donor fatigue, high operational costs, and limited reach, particularly among younger, tech-savvy generations.
The rise of Web3 and blockchain technology presents an untapped opportunity to engage with new audiences and create more sustainable and efficient fundraising channels: from blockchain technology to blockchain philanthropy.
Introducing Stake2Care
Stake2Care is a cutting-edge platform that leverages liquid staking to generate steady revenue streams for MSF’s lifesaving missions in areas affected by conflict, epidemics, natural disasters, or lack of healthcare infrastructure.
Here’s how it works:
- Staking: Supporters stake their ETHs (i.e., temporarily lock their funds) on the Stake2Care platform (www.stake2care.msf.ch).
- Rewards: As with any staking process, these funds generate rewards based on the validator’s performance and the network’s inflation rate.
- Donation: These rewards are automatically donated to MSF, leaving the possibility of un-staking the cryptocurrencies at any time.
The Benefits of Stake2Care:
- Passive Giving: Supporters can contribute to MSF’s mission without having to actively part with their assets.
- Sustainable Revenue: Stake2Care provides MSF with a consistent and predictable stream of income.
- Engaging Web3 Generations: By embracing blockchain technology, MSF can connect with a new generation of supporters who are passionate about crypto and its potential for social impact.
- Transparency and Security: Blockchain technology ensures that all transactions are secure, transparent, and traceable.
“Médecins Sans Frontières is always seeking innovative ways to engage new supporters and diversify our funding revenue streams while maintaining the financial independence that defines the organization” says Mario Stephan, Head of Philanthropy Diversification and Impact at Médecins Sans Frontières Switzerland. “The Stake2Care initiative is a perfect example of how technology and finance can come together to create meaningful change. This project will not succeed without the community and our partners’ support; in that sense we are grateful to the Lido DAO for their grant support and for Arab Bank Switzerland for their Blockchain expertise and financial support. By staking your crypto with Stake2Care, you’re not just generating rewards—you’re saving lives.”
Join the Movement
Stake2Care is more than just a fundraising platform; it’s a movement that combines the power of blockchain technology with the spirit of solidarity.
For more information about Stake2Care and how to get involved, please visit the website at www.stake2care.msf.ch
About Médecins Sans Frontières
Médecins Sans Frontières is an international, independent medical humanitarian organization that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare.
MSF was founded in 1971 in Paris by a group of doctors and journalists with the aim of delivering rapid, effective, and impartial emergency medical aid. Today, MSF has become a global movement of nearly 68,000 employees from over 160 countries active in more than 75 countries around the world. Our actions are guided by medical ethics and by our working principles: impartiality, independence, neutrality, bearing witness, transparency, and accountability. MSF is a non-profit, self-governed, member-based organization.
Contact Information
Mario Stephan
Head of Diversification & Impact – Philanthropy Unit
Médecins Sans Frontières
Route de Ferney 140 | 1202 Geneva | Switzerland
Telephone: +41 22 849 8946
Email: [email protected]
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