GAMI, a Web3-focused venture capital firm, has partnered with renowned NGO Doctors of the World to modernize charitable giving and ensure cryptocurrency donations can immediately reach those in need during times of crisis.

When international crises and natural disasters strike, the Web3 world is willing to step up and support those in dire need.

Following the devastating earthquakes in Turkey and Syria earlier this year, $12.6 million worth of cryptocurrency was raised to help those displaced. These donations have had an immeasurable impact in helping and supporting those in need, and are a powerful demonstration of how the way we use the internet has changed.

Web1 led to the rise of the information economy (people consuming text on static web pages), while Web2 allowed us to start creating our own content. Web3 is becoming the rise of the ownership economy — consumers taking back control and ownership of their data and digital assets through blockchain technology.

For charities and NGOs trying to raise awareness of their causes, this technological shift could have a huge impact.

A process of change

Doctors of the World, a nongovernmental organization (NGO) that provides healthcare to people affected by poverty, conflict, violence, disease, famine, and natural disasters, has embarked on an ambitious, years-long journey to modernize its fundraising practices.

It played an important role in quickly providing help across the EU during the earthquakes in Turkey and Syria.

It has partnered with GAMI, a Web3-focused venture capitalist, to spearhead the digital transformation process, which is scheduled to be completed by 2027. The project will see GAMI organize various events and activities for the organization - all with the goal of raising awareness and increasing donations.

One compelling advantage of cryptocurrency adoption is speed. When disaster strikes, those forced to leave their homes and lives need immediate assistance. While foreign governments are often determined to step up, sometimes it can take a while for support to arrive. The immediacy of Web3 helps change the narrative — enabling action to happen in real time.

How it will work

GAMI has built a vast ecosystem of products — including Middle’s data-based marketing platform, which brings together brands and influencers as well as the DeFi and crypto communities. Under this new partnership, Doctors of the World will become the first NGO to use this infrastructure.

Other tools in the GAMI product include TheSender, which can send tokens to multiple addresses in a single transaction for just $1 in commission. This can be essential when digital assets need to be urgently distributed to multiple sources. As part of the partnership, commissions generated through TheSender will be donated directly to Doctors of the World. This adds a feel-good factor for those using GAMI, as every transaction will help those in need around the world.

GAMI is open to working with other charities in the future, with the aim of raising awareness and keeping charities up to speed with technological developments.

Twenty years ago, charities were able to easily spread their messages through TV bulletins and newspapers. However, the overall growth of digital and the resulting deluge of content has made it harder for these organizations to capture the attention of everyday consumers.

The collaboration between GAMI and Doctors of the World has the potential to create a blueprint for the future and modernize the process of raising awareness and collecting donations.

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