A few months ago we announced The Giving Block’s IoTeX delegate where all proceeds would benefit our selected “Charity of the Quarter.” We did this to grow the IoTeX community and raise money for crypto-friendly nonprofits. Now, we’re expanding the initiative to more rapidly grow the IoTeX community and raise more cryptocurrency for nonprofits. That’s why we’ve decided to partner with the leading IoTeX delegate, dRoute Capital.

Starting with epoch 2500, dRoute Capital will contribute 5% of all IOTX rewards to The Giving Block’s Charity of the Quarter, currently the Lupus Foundation of America. The rewards will be paid out directly to the charity at the end of each quarter. We’ll also follow up with a blog post that publicly verifies that all funds have gone directly to the nonprofit by posting the addresses and matching them to the nonprofits website.

We hope this is the first of many IoTeX delegates to join this alliance of IoTeX Delegates4Good. Working with major nonprofit organizations is a great way for this community to grow and spread IoTeX awareness to new audiences. Delegates that join this alliance will receive a badge on their profile and benefit from the added exposure to the community and their delegate.

Please reach out to The Giving Block Team on Telegram or Twitter @TheGivingBlock if you’re interested in joining the Delegates4Good Alliance.