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UNICEF Venture Fund Joins Lido Impact Staking With Support From GSR Foundation
- The UNICEF Venture Fund has joined Lido Impact Staking (LIS) with the support from GSR Foundation.
- This collaboration allows ETH stakers to donate their staking rewards to support investments in technologies benefitting children.
- GSR Foundation directed staking rewards to the UNICEF Venture Fund, enabling sustainable funding for social innovation in Web3.
- Through Lido Impact Staking, ETH holders can direct a share of staking rewards to approved social impact organizations like UNICEF.
- This innovative funding model provides a transparent flow of capital for innovation in various sectors.
- The partnership aims to enhance funding for technology solutions in health, education, climate, financial inclusion, and humanitarian response.
- UNICEF has invested in over 150 startups across 85+ countries, focusing on AI, blockchain, XR, and data science solutions.
- Accepting staking rewards aligns the UNICEF Venture Fund with a fast-growing, Web3 donor base.
- The collaboration validates impact staking as a credible and scalable funding model for institutional philanthropy.
- The UNICEF Venture Fund supports early-stage startups developing open-source solutions for children and vulnerable populations.
- Lido Impact Staking was established to enable ETH stakers to support social impact causes through directing staking rewards.
- Launchnodes developed a middleware layer that routes staking rewards to high-impact initiatives, forming the basis of Lido Impact Staking.
- Lido Impact Staking collaborates with NGOs, foundations, and socially driven investors to turn ETH staking rewards into long-term funding for humanitarian innovation.
- The partnership provides a sustainable model of philanthropy focused on supporting open-source tech for children.
- Users can visit the provided link to direct staking rewards to the UNICEF Venture Fund and aid in the advancement of technology for children.
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