Crypto.com (MCO) has donated huge Binance coin (BNB) in crypto-charity to finance Binance Charity Foundation’s launch for Children Program that has already expanded to 10 new Ugandan School, joining the likes of TRON (TRX), IOST, who once donated to the charity foundation.
The donation, 28,888 BNB equivalent to 514,643 USD as at the time of writing, is going to be used by the charity foundation to support school students and staff across Uganda, and Africa country.
Last week, Binance Charity expanded its reach to 10 new Ugandan schools, averring that the charity arm of Binance exchange is expanding its support to 3,747 students and staff across 10 schools in Jinja and Kampala in Uganda.
Many Thanks To Crypto.com From Binance CEO
Thanking Crypto.com, the project’s CEO, Kris Marszalek, and co-founder Bobby Bao, CZ Binance said they are good hearted people.
He said, while explaining the source of the fund: “This is a donation from @cryptocom to @BinanceBCF, no strings attached. Many thanks to @Kris_HK @bobbybaocrypto for the generous donation! More follow up tweets/posts to come, about these good hearted people! I wish @whale_alert could add Binance Charity addresses.”
Since the launch of Binance Charity Foundation’s Lunch for Children program in February for students and staff in Kampala, Uganda, the foundation has been feeding students of Jolly Mercy Learning Centre.
Now, the charity arm of the exchange is adding support for 3,747 students and staff across 10 schools in Jinja and Kampala.
The beneficiaries are to receive mobile crypto wallet, Trust Wallet account each, where they are going to be receiving a daily cryptocurrency donation worth US$0.30 in BNB for their school launches for a year.
Around US$236,061 is to be used for the feeding. The donation came from Binance and BCF’s sponsors like TRON, IOST, and a Binance VIP customer, Binance said in an update.