The receipts
The receipts
Crypto already moves real money to real charities, and charity coins have
already failed in specific, documented ways. The numbers below are cited and dated. The cases
under them are why PLEDGE is built the way it is rather than the way it markets best.
70%
of Forbes' Top 100 Charities now accept crypto, and donations passed $1 billion in 2024,
the sector's biggest year since 2021, as
reported by The Defiant
in February 2025. The underlying estimate comes from The Giving Block, which processes
these donations, so read it as an industry figure, not an independent audit.
$100M
in crypto donations processed during 2025 by The Giving Block, per
their own annual report:
22,343 gifts averaging $11,019. Self-reported platform volume.
$464M
what Vitalik Buterin's 2021 SHIB gift to India's CryptoRelief actually realized when it
was sold, against roughly $1 billion on paper, by
CryptoRelief's own accounting.
Save the Kids · 2021
The failure that designed this product
In 2021 the influencer token Save the Kids said it had given more than $80,000 to Binance
Charity. Binance Charity later
confirmed to TIME
that the money never reached charitable causes, and that the token's anti-dump limit, published
as 24 hours, shipped at 60 seconds. GiveDirectly now
warns donors directly
about projects whose smart contract supposedly guarantees the donation: in one case they cite,
"a security audit revealed that the authors could rewrite the behavior of the smart contract to
send the money to whomever they wish."
So: that sentence is the specification PLEDGE was
built against. Our vault has no owner, and the coin's deployer of record is a factory with no
function that can re-point the route.
The SHIB gift · 2021
Selling a memecoin at size halves it
The largest crypto donation ever made was worth about $1 billion the moment it was sent, and
about $464 million by the time it was liquidated, per the recipient's own published accounting.
A charity coin that accumulates a treasury and cashes out later is exposed to exactly that gap.
So: PLEDGE never holds a treasury. Fees split
continuously, in small amounts, as they accrue.
Munch and Pawthereum · 2021 to 2026
Charity coins decay with their volume, so we date every number
Munch Token announced more than $1 million to GiveWell within two weeks of its 2021 launch,
a figure it reported itself and no recipient has been shown to confirm. As of August 2026 it
trades on a single venue with
about $2 of daily volume.
Pawthereum's last independently datable total, $475,000, is from November 2022. Nothing broke
in either mechanism; the trading did.
So: any fee-funded pledge, ours included, pays out
as a function of volume, which is why every figure on this site carries the moment it was true
and why the tally opens at zero instead of at a projection.
The donation rails · now
The rails, and which one we use
Nonprofits rarely accept anonymous coins from a wallet; regulated intermediaries receive,
screen, convert and grant dollars instead, becoming the donor of record.
The Giving Block does this for
nonprofits including
St. Jude,
Feeding America and
Direct Relief;
it does not publish its fees.
Every.org
charges nonprofits no platform fee and 1% on conversion. The category is live elsewhere too:
pump.fun runs charity coins through donate.gg, and its
own documentation states that
pump.fun "does not directly process, custody, or control any donation funds."
So: the PLEDGE settlement wallet is the donor of
record, which is why clause 02 tells you plainly that trading a coin here
is not a tax-deductible donation in your name.