Ecuador needs our help more than ever. A 7.8-magnitude earthquake struck the coast on Saturday, 16 April 2016, devastating the Latin American country and leaving it in a desperate condition.
The earthquake killed at least 500 people, left more than 5,000 injured and left up to 200,000 in need of some kind of help.
100% of all proceeds will be donated to the victims of the earthquake, we will take NO fees.
We have launched and extensive internet campaign through social media with the purpose of reaching as many people as possible form the Bitcoin Community and beyond.
The situation in Ecuador is critical at the moment. Thousands have gone to the affected areas to help, mostly traveling by foot because the roads are destroyed and it is very hard to reach the communities.
The relief funds collected through this Organization will be used only to help the most affected by this natural disaster. We will not be collecting any fees.
The first few days are critical, but the problem far exceeds the short term crisis. Hundreds of thousands of people have lost their homes. Entire cities have disappeared.
Communities will have to be rebuilt from the ground up. Ecuador is a third world country, and people have lost the little they had.
Fortunately, there has been a huge response from all around the world. Resources are still scarce, and I hope the worldwide Bitcoin Community can help .
We have set up a secure multisig Bitcoin wallet to collect donations. We will be completely transparent and reveal through this website how the funds are being used.
We invited some well known trustworthy members of the bitcoin space to be part of the project by holding some of the private keys, that way the funds can only be spent with the approval of more than one key owner.
The funds wont be spent immediately. We will wait at least a couple of weeks to gather donations and decide where are resources needed the most.
We will also make sure that those who receive these funds know that they come from Bitcoin users all around the world.