Cryptocurrencies: A Crypto.com ad with Matt Damon comes under heavy criticism

Matt Damon partners with Crypto.com to ensure access to clean water everywhere

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When he’s not acting as a super agent or a movie warrior, Matt Damon is a man who supports humanitarian missions in real life. In 2009, the Hollywood star created a global non-profit organization called Water.org which is committed to guaranteeing access to drinking water around the world. The latter has just signed a partnership with the exchange Crypto.com to raise funds to support its cause.

Access to 10 million donors

By creating Water.org, Matt Damon decided to provide access to drinking water and sanitation facilities in all underprivileged areas around the world. Over the years, he has therefore regularly used his notoriety to raise funds for this humanitarian cause. His efforts will now be bolstered by fundraising from the cryptosphere through his organization’s partnership with Crypto.com. Last Monday, the cryptocurrency exchange announced on its blog that Water.org would now have access to its 10 million users worldwide. She will take care of collect their donations to help the organization in its humanitarian mission.

Crypto.com co-founder and CEO Kris Marszalek said he was proud to put its platform at the service of this noble cause. “We are very proud to work alongside Matt Damon and Water.org to directly support their mission while encouraging cryptocurrency users around the world to join us in this effort. The success and true potential of cryptocurrencies will only materialize when as many people as possible have access to the tools necessary to take full control of their lives, finances and future.“, he commented.

A partnership for the adoption of cryptocurrencies

Since the advent of the covid-19 pandemic, cryptocurrencies have proven to be of great use in settling trade. This partnership between Water.org and Crypto.com proves that they can also be used to quickly mobilize funds to finance a public cause. This is a concrete application that could be taken up by fundraising organizers, thus helping to accelerate the adoption of cryptocurrency around the world.

This is also the wish expressed by the CEO of the crypto exchange whose CEO recalled that cryptocurrencies could help spread happiness around the world. “As our financial tools and platforms evolve, we can use them for good, like we do through this partnership that supports crypto donations, but I’m happy to do that with a like-minded partner who is committed to transforming lives through equity and access“, he said.

Thanks to this partnership, Crypto.com exposes in a new way the capacity of cryptocurrencies to support humanitarian actions. This kind of initiative should also help to restore the image of the cryptographic industry, which has been tarnished by the proliferation of scams in recent years.

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Avatar of Luc José Adjinacou

Luc Jose Adjinacou

Far from having dampened my enthusiasm, an unsuccessful investment in a cryptocurrency in 2017 only increased my enthusiasm. I therefore resolved to study and understand the blockchain and its many uses and to relay with my pen information relating to this ecosystem.

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