A Web3-focused venture builder, GAMI, has formed a partnership with Doctors of the World, a prominent non-governmental organization, to modernize the process of charitable giving and ensure that crypto donations can promptly reach those in need during times of crisis.
When international crises and natural disasters occur, the Web3 community has consistently demonstrated its willingness to step up and provide support to those who are in desperate need.
Following devastating earthquakes in Turkey and Syria earlier this year, a total of $12.6 million in crypto donations was raised to assist those who were displaced. These contributions made an immeasurable impact in aiding and supporting those in need, and served as a powerful testament to how the way we utilize the internet has evolved.
While Web1 led to the emergence of the information economy, where individuals consumed content on static web pages, Web2 marked the beginning of us creating our own content. Web3 is now shaping up to be the era of the ownership economy, where consumers regain control and ownership of their data and digital assets through blockchain technology.
This technological shift has the potential to be transformative for charities and non-governmental organizations striving to raise awareness about their objectives.
A transformative process
Doctors of the World, a non-governmental organization (NGO) that provides healthcare to individuals affected by poverty, conflict, violence, disease, famine, and natural disasters, has undertaken an ambitious and long-term endeavor to modernize its fundraising practices.
During the earthquakes in Turkey and Syria, the organization played a crucial role in swiftly mobilizing assistance from across the European Union.
To spearhead the digital transformation process, Doctors of the World has partnered with GAMI, a Web3-focused venture builder. The project is set to be completed by 2027 and will involve GAMI organizing various events and campaigns for the organization. These initiatives aim to raise awareness and increase donations.
One compelling benefit of adopting cryptocurrency is its speed. When a disaster occurs, immediate aid is required for those who have been displaced from their homes and lives. While foreign governments are often committed to providing assistance, there can be delays before they are able to offer support. The real-time capabilities of Web3 help to alter this narrative by enabling prompt action to be taken.
How it will work
GAMI has built a comprehensive ecosystem that includes various products, such as Midle, a data-driven marketing platform that connects brands, influencers, and the DeFi and crypto communities. Through their partnership with GAMI, Doctors of the World will become the first NGO to utilize this infrastructure.
One of the tools offered by GAMI is TheSender, which allows tokens to be sent to multiple addresses in a single transaction with a commission fee of just $1. This feature is particularly valuable when there is a need to distribute digital assets to multiple recipients urgently. As part of the collaboration, the commissions generated through TheSender will be directly donated to Doctors of the World. This creates a positive impact for GAMI users, as every transaction contributes to helping people in need worldwide.
GAMI is also open to collaborating with other charitable organizations in the future, with the goal of increasing awareness and enabling charities to keep up with technological advancements.
Two decades ago, charities could easily spread their message through TV broadcasts and newspapers. However, the rapid digitization and the overwhelming amount of content available today have made it more challenging for these organizations to capture the attention of the general public.
The partnership between GAMI and Doctors of the World has the potential to establish a model for the future, revolutionizing the process of raising awareness and collecting donations.