Bitcoin Adoption is Growing in Charity Sector

According to the Global NGO Technology Report, that interviewed more than 5,000 NGOs from all over the world, cryptocurrency donations represent 2% of the payment methods in the United States and Canada (last year 1%), while they reach 5% in Africa, 4% in Asia, 2% in Australia and Europe, 1% in Latin America.

The growth of cryptocurrency donations, which includes both Bitcoin and Altcoins, is noteworthy: in the report released in 2018 this payment method covered 1-4% of donations, while this year it grows in all continents, up to a 100% increase compared to the previous value in the United States, Europe and Australia. While remaining the least used tool (behind digital wallets, Paypal, credit and debit cards), cryptocurrencies are quickly gaining ground and it is possible that in the next few years the target market can reach, or even surpass, web payment giants like Paypal.

After important initiatives such as Pineapple Fund, which donated 5,000 BTCs (at the time of the announcement, they amounted to about $ 86 million), the positive trend is also shown by Fidelity Charitable, which recently said it had received over $100 million for charity since 2015.

Analyzing the report further, we noticed that about 50-60% of NGOs worldwide accept online donations through their site, while in the United States 85% of organizations use online tools. Similarly, 58% of American NGOs participated in Giving Tuesday 2018 (and 79% of these have already planned to participate in the 2019 edition), while in Europe only 25% participated last year and less than half of these are working on the upcoming new edition.

This shows how fundraising methods are still widely different in Europe and the United States, even if Europeans have closed the gap about the use of social networks as a daily communication tool with their donors (95% vs 97%).

Another metric that in particular interests us is the comparison relative to the understanding of emerging technologies: artificial intelligence is very well understood by about 30% of the interviewees, the Internet of Things (IoT) is clear for 20-40% of the NGOs, while the blockchain technology turns out to be the most difficult innovation to be understood, with only 8-17% of the interviewees that understands well its functioning.

Much work needs to be done to reach a good market penetration and companies like Helperbit act as promoters in favoring the encounter between cryptocurrencies and the non-profit sector.

Eidoo: charity for Notre-Dame with Helperbit and Aidcoin


Since Eidoo was founded in 2017, we have always tried to create a user experience that doesn’t stop at the mere management of cryptocurrencies within the app which we have developed, but which follows the ideals of the crypto world in terms of inclusion and elimination of territorial and economic barriers, among other things

As we pursue these principles, we believe that no one should be left behind during this “blockchain revolution” and we are determined to bring the benefits of the crypto world also in the case of the tragic fire that involved the cathedral of Notre-Dame in Paris.

How to contribute to the charity

To contribute to the reconstruction, Eidoo will donate $10,000 using the platforms of AidCoin and Helperbit, both created with the aim of ensuring transparency of charitable donations.

The possibility of making a donation for the reconstruction of Notre-Dame is also open to companies, associations and users who want to contribute. On the AidCoin website, in fact, users will find a dedicated page where they can contribute, even anonymously.

Obviously none of the companies involved will take any fees on donations. The only fee to be paid by the user will be the one set by the relevant blockchain.

For donations, Helperbit and AidCoin will accept: Bitcoin, Cardano, AidCoin, Basic Attention Token, BlackCoin, Dai, Dash, Decred, DigixDAO, Dogecoin, Enjin Coin, Essentia, Ethereum, FlypMe, GameCredits, GridCoin, Groestlcoin, Litecoin, PIVX, Power Ledger, Peercoin, Augur, Syscoin, TrueUSD, BLOCKv, Vertcoin, Zcash and 0x.

Through Helperbit it will then be possible to donate using even the most traditional credit and debit cards.

Thomas Bertani, CEO of Eidoo, said: “Donations through Helperbit and AidCoin will ensure full transparency, accountability and direct access to end recipients. At Eidoo we are convinced that the crypto and the blockchain can help in solving many problems as well as the management of charitable donations that all too often hide sad truths unfortunately”.

Guido Baroncini Turricchia, CEO of Helperbit, said: “We are pleased that a well-known company in the crypto sector has chosen our platform to pursue its social initiative in the face of the events that took place at Notre-Dame. History and culture are rarely intertwined with the most pioneering technological innovations and being able to be ambassadors of this union is a source of satisfaction for us”.

Francesco Fusetti, CEO of AidCoin, explained: “Through aidchain, our donation tracking platform, we can ensure that donations received reach the right recipient. The crypto received will be instantly converted to a stablecoin in order to guarantee the fiat value for the association without losing the blockchain’s traceability function”. 

Helperbit now supports Ledger Hardware Wallets

In the last update, the platform added the possibility of creating a Bitcoin wallet using the physical device. This option is already available for Nano S wallets produced by Ledger; the French company is one of the most renowned startups in the industry, with over 1.5 million devices sold worldwide. The integration of the Trezor hardware wallet is also planned.

All users that have already configured the device can create a wallet simply by pairing the hardware with the platform. The Bitcoin private key is kept protected on the offline device and it is not necessary to write the 12-word passphrase related to the Helperbit wallet. The function is available to all kind of users: individuals, administrators of NGOs’ funds and for company accounts.


What is the Ledger Nano S
For those unfamiliar with this device, the wallet is similar to a USB stick and is designed to withstand cyber attacks and viruses. The tool comes with two multi-function buttons and a small screen, covered by a metal protection.


How to complete the first configuration
After connecting the device to your computer using the appropriate cable, a welcome message is shown. The next required step is to create a new account and choose the PIN, which will be requested each time that the device will be connected to the computer.
The screen shows the 24 words, that represent the backup key. Write those words on paper (blank cards designed for this operation are provided with the Ledger) and keep them safe is very important, as they are the only way to restore the access to the wallet if you lose the physical device.
The last step requires the installation of Ledger Live and the installation of the Bitcoin App on the device.


How to make a transaction using the Ledger wallet on Helperbit platform
After configuring the device, the “manage your bitcoin wallet” button is available in the user’s control panel and here you can choose the procedure to create the wallet.
At this point you need to connect and unlock the Ledger, access the Bitcoin app on the device and confirm the operation. The wallet is already created and the bitcoin address is visible on the platform with the relative QR code.
To send a transaction, the operations to be completed are the same as above: connect the device, unlock it and confirm the sending of funds from the Ledger.

Become an Ambassador And Unlock Digital Badges!

3, 2, 1 .. here we are, the Ambassador and digital badge programs are live! From today, the way you can collaborate to promote our platform is radically changed.

Complete the tasks to unlock digital badges and become an Ambassador to receive physical prizes.

Take part in the Ambassador program is very simple: help your friends to sign up for the platform through your invite link and you can automatically receive t-shirts, sweatshirts and a hardware wallet!

In addition, for the person that has the highest number of referred Friends, an exclusive prize: a drone, an action cam or a 72h Bug-out-bag worth over € 500! The list of participants is always available in the “Ambassador Ranking” page and the competition is open until 30th August 2019! The winner must have at least 20 verified friends.

Watch the video that explains the main steps of this program:

For more information about the use of the invite link and to maximize your contribution, read our dedicated page.


The badge initiative is even more engaging: many activities have been assigned to you and for each completed activity you receive a digital recognition, available on your profile.

There are 6 types of badges:

  • Trust Badge: this badge requires that you complete every verification procedure in the platform;
  • Supporter Badge: we reward each user that contributes to expand the network of non-profits in the platform;
  • Donor Badge: only the most virtuous users, able to complete technical and social tasks, receive this award;
  • Fundraiser Badge: go into the field, create Fundraising campaigns and raise money for non-profit organizations. The more donations you collect, the higher your level will go up;
  • Ambassador Badge: invite friends to sign up and become a proud Helperbit Ambassador! Your level will grow according to the number of referred and verified Users;
  • Friends Badge: you signed up using the invite link or you invited a friend.

Here you can find the details on the thresholds that you need to reach in order to unlock the badges.


In this update we have also released the new control panel, designed to simplify the access to the tools we have developed. The available activities are gathered on a single screen and you can better manage the verification processes and settings.

Sign up now or log in and join our cause!

Helperbit’s 2018: year in review

Here we are at the end of 2018 and, as every tradition, it is time to look back and make the year-end review.

Let’s start from an overview on a global scale: after last year’s diatribes related to the scalability of the protocol, in 2018 the Bitcoin ecosystem has never stopped growing and services like Lightning Network have further strengthened its value proposition.
Despite the capitalization of cryptocurrencies has drastically decreased, Bitcoin ATMs have doubled, from 2 to 4 thousand1, and even the investments of Venture Capital in crypto startups have risen by 280% in the first three quarters of the year2. During the last 12 months the stablecoins have also proliferated, with effects that will surely influence the 2019.
On the regulatory front, we saw interesting initiatives from Switzerland and Malta, which are among the first nations to aspire to the creation of a favorable environment for the crypto sector, while the position of the European Union remains quite uncertain.


The main activities of this year

Regarding the awards, we are glad to be named the best European Fintech startup by the European Commission in the presence of 4 Prime Ministers!
At the beginning of the year we also won the Italian Round of the Global Social Venture Competition, while lately we received the Shapers Award during the laBITconf in Chile.

Thanks to the awards and over 25 conferences held as speakers in 2018, our media coverage was great: at international level we were mentioned on Forbes, Bitcoin Magazine, and Cryptonomist, while in relation to the Italian landscape we were interviewed by Corriere della Sera , Il Sole 24 Ore, La Stampa, StartupItalia, AGI, NextGenerationCurrency and many other magazines.

In September we celebrated the first 1000 subscribers to the platform, but the road is still long and in 2019 we will focus mainly on the dissemination of the services that we already launched. New organizations have signed up and launched their bitcoin fundraisings, while others have put into effect your help in a tangible social impact. In particular, thanks to your donations, “La Casa di Sabbia” has completed its fundraising and funded 36 weeks of summer camps for siblings of disabled children; so it launched a new project that aims to create cheap games for children with severe disabilities.

The last months of the year were focused on the Giving Tuesday, the international give back day, which drove us to launch the “Fundraising Campaigns“. This new service is developed for people that support non-profit organizations, offering to individuals the tools to actively contribute to a cause that is close to their heart.
Anyone can therefore open their own Fundraising Campaign to celebrate the birthday, a holiday, the degree or another significant milestone. The funds raised during the campaign go to the chosen NGO, in a direct and transparent way.


As mentioned above, for the next year we will be focused on the community, with the aim of releasing new features to increase the interaction between users. The network effect will help us to increase the awareness of how much each of us can do, working side by side, to improve the world in which we live.


Happy New Year from Helperbit Team!




Which role for Bitcoin and Cryptos during the Giving Tuesday?

Born in 2012 by the will of 92nd Street Y and the United Nations Foundation, #GivingTuesday is a movement that gave life to what can be considered as the global day of giving. It is celebrated on the first Tuesday after the American Thanksgiving Day and immediately after 2 other commercial events, that were born as a result of that day: Black Friday and Cyber Monday.

In 2014, 2 years after its launch, $45 million were collected in 24 hours; that number more than doubled in 2015 ($116 million) and reached $274 million in 2017. The trend thus is about 50% growth per year!

source: Wikipedia

Most of these donations are processed online and this, in addition with the development of further emerging payment technologies, have led the World Wide Web to become a point of reference for this movement.
Access to online donations has been simplified first by PayPal and then by web giants such as Facebook, which since 2017 allows individuals to open birthday fundraisings, share them with friends and support their favorite non-profits.


But how will online donations evolve over the years and which role can cryptocurrencies play during the Giving Tuesday?

If in 2018 we talk about online transactions it’s impossible to not mention cryptocurrencies. Despite the ups and downs, that characterize this ecosystem, the sector has never stopped growing. After the January peak, now there are about 250 thousand transactions per day on the Bitcoin network1 and 500 thousand on Ethereum2, while Lightning Network3 reached 11 thousand open channels.

Even if there are still some difficulties, cryptocurrencies are nowadays commonly considered as an online payment method.

Two trends are emerging:

  1. early adopters, that decide to donate part of their funds to non-profit organizations
  2. small donors who appreciate the opportunity to donate using cryptocurrency.

In the first category the most known example is Pineapple Fund, an anonymous individual who announced to donate 5104 bitcoins during the last Christmas, $84 million at that time. If capitalization of cryptocurrencies will grow exponentially again, other people will have to handle an unimaginable amount of money and will evaluate to act as Pineapple.
Nonprofits must therefore be ready to receive these capitals and facilitate the donation process, as often these donors prefer to remain anonymous.
In the second case, the work that should be done by the NGO is different. By launching initiatives on social networks and collaborating with other crypto platforms, it is possible to bring bitcoiners and altcoiners closer to the charity world, encouraging them to donate during holidays and special occasions.


Giving Tuesday is part of the latter case. During those 24 hours many charitable initiatives related to online donations are promoted but at the moment there are fews linked with cryptocurrencies. As highlighted by Crypto Giving Tuesday, there are about forty NGOs that accept cryptos (mainly Bitcoin) and among these there are some famous names such as UNICEF, Save The Children, Direct Relief, Wikimedia or GiveDirectly, but crypto promotion is not boosted.

Crypto owner are more and more, but often they are not aware of which NGOs accept Bitcoin. This happens because nonprofits don’t highlight this opportunity, maybe worried by the vacillating legitimacy of cryptos in the mass media.
The wave of innovation does not stop due to public judgments and nonprofits should exploit these new tools in order to expand their fundraisings.


According to the Global NGO “Technology Report”4, Bitcoin today is accepted only by 1% of the nonprofits: we can therefore expect that for this Giving Tuesday cryptocurrencies will represent few percentage points of the total collected amount. If on that day cryptos will reach a volume close to $300 thousand (0.1% of the 2017 volume), it can already be considered a very positive result.
We are still far from mass use in this sector: we need a greater contribution from the community, in order to bring nonprofits closer to cryptocurrencies, and on the other hand the influence of institutional bodies will continue to be decisive for the global spread of cryptos.


Happy Giving Tuesday!


2 Source:
3 Source:

The Italian startup Helperbit has been recognized as the best startup in Europe in the Fintech category

At the StartUp Europe Awards final in Sofia, Bulgaria

The Italian startup Helperbit has been recognized as the best startup in Europe in the Fintech category

The startup Helperbit, through the creation of a donation transparency platform and using the math-based currency bitcoin, has helped to make clear and visible the flow of money, avoiding the inefficiencies in the management of funds for humanitarian emergencies.


Sofia, November 15th, 2018. The Italian startup Helperbit has been recognised as the best European startup in the Fintech category at StartUp Europe Awards (SEUA), an initiative of the European Commission and the Finnova Foundation in collaboration with Startup Europe. After going through several stages and being chosen to represent Italy in this category, Commissioner for Society and Digital Economy Mariya Gabriel handled to Helperbit the diploma that accredits them as European winner, during the Startup Europe Summit 2018 hold in Sofia, in the presence of Prime Minister of Bulgaria, Boyko Borissov and several European prime ministers and ministers.

In her speech, Commissioner Gabriel congratulated Helperbit and the rest of the European winners and encouraged them to continue working hardly as they have been doing until now. “Europe wants to have more like you. More of your passion, dedication, talent and energy. We believe in your dream and you have already showcased that progress is made with small steps, and that to become successful it takes a long nights and serious thinking on how to approach the most challenging topics. You showcased that success can come from anywhere in Europe. And you showcased that in order to succeed you must be bold and brave”, she expressed.

Guido Baroncini Turricchia, CEO at Helperbit, stated: “This award represents a great achievement for both our startup and the whole fintech ecosystem. Permissionless blockchain and cryptocurrencies, one of the greatest innovation of this century, are already influencing our life and all together we can boost a positive impact of these technologies in many sectors, with benefits for governments and citizens. The European Commission has a fundamental role in this process and we are glad that it has selected Helperbit as a virtuous example to award during this event”.

StartUp Europe Awards proposes an open innovation methodology through public-private partnerships, “which works to help public entities to find a solution to their local challenges, and also to help startups by testing their innovations on pilots supported with European Union funding” said Juan Manuel Revuelta, director of the StartUp Europe Accelerator by Finnova Foundation.

In addition to Helperbit, Italian Artisan in the Fashion category, and Tommi in E-Health were the other Italian startups that have achieved European recognition, among 134 finalist startups from 16 countries.

Helperbit and the other European winners of the StartUp Europe Awards gain visibility thanks to the Media Partner Alliance, made up of 25 members from Spain, France, Belgium, Latvia, Luxembourg, Italy, Slovenia, Croatia, Cyprus, Ireland, Sweden, Mexico, Norway and Denmark, among others. Startups will also have access to a mentoring programme (in internationalisation, European funds such as the €50,000 to €2.5 million non-reimbursable grant SME Facility, international communication, etc.), through the Finnova Foundation’s StartUp Europe Accelerator, which will enable them to boost their projects and make them more viable worldwide.

Helperbit is an Italian startup that brings transparency in charity and insurance sectors using the Blockchain technology. The platform allows people to donate crypto and local currencies to charities and to people in need all over the world, trace their donation and how it is used, offering full transparency of economic flows.
It even reverses the traditional home mutual insurance model for natural disasters, thanks to a service powered by Blockchain that empowers users to customize their premium, allowing also microinsurance, and offers a fast, fair and transparent refund.

Helperbit Launches Crypto Fundraising Campaigns for Individuals, an Alternative to Facebook Fundraisings

300 million dollars. This is the amount donated in a year through the Facebook tool “birthday fundraising”. 750 thousand NGOs benefited from this, with a huge social impact. These numbers indicate the willingness of people to contribute to charitable causes, celebrating an important event in an original way.

But why not extend this possibility to all owners of cryptocurrencies, estimated between 2.9 and 5.4 million people? 1

This is the goal of the “Fundraising Campaigns“, a new service provided by Helperbit, that allows to donate bitcoin and more than 20 crypto to non-profit organizations during special occasions.

We believe that this tool can be a driver for the diffusion of cryptocurrencies in the charity sector. In addition to eliminating intermediaries and bringing more transparency, it empowers individuals to actively contribute to a cause that is close to their heart.

This service is launched few days before the Giving Tuesday and the Christmas period, in order to offer the opportunity to test this new service during such occasions. Stand up, create your Campaign!


What is a crypto Fundraising Campaign?
A Fundraising Campaign is an initiative created for an important occasion.
The raised amount is addressed to the cause you care for, in a direct and transparent way. It is possible to donate using Bitcoin and over 20 Altcoins (ETH, DOGE, VTC, LTC ..). Helperbit has also implemented the possibility to donate with a credit/debit/prepaid card: in this case the donated amount is instantly exchanged in bitcoin and sent to the beneficiary.
Find out more about payment methods:Make a Donation using Helperbit


When can I create a Fundraising Campaign?
The initiative is open to everyone!

Are you a youtuber? Celebrate the milestone of 10, 50 or 100 thousand members on your channel. Be an example and encourage your audience to contribute to the cause, people will appreciate this gesture!

Are you an influencer? Launch your Campaign during a conference where you are a speaker or when you publish a new book. Let your followers know about this new initiative.

Are you a company? Celebrate the launch of a new product or the anniversary of the company’s foundation with this service. An initiative like this is part of the Corporate Social Responsibility strategy, with many benefits for your brand, customers and employees.

Are you a community? Whatever is the interest that connects your group (cryptocurrency, technology, sports or other passions), there are many goals that have to be celebrated: do not miss this opportunity, create a Campaign!

Whoever you are, every event is the right occasion to raise funds. Celebrate special days with this charitable initiative: your birthday, a festivity (Christmas, Easter, Ramadan..), when you achieve an important educational goal (diploma, degree), the marriage or the birth of a child.
The beneficiary of the Campaign can not be a personal cause, only initiatives lead by non profit organizations.


How can I create a Campaign?
You have to be registered in order to create a Campaign. In the “settings” page click on “Fundraising Campaigns”, write the title and a brief description, letting visitors know why you are creating this initiative.
If you are an individual and raise funds among your friends, we suggest to set 100 € as a target, because having an attainable goal stimulates more people to donate. You can change this setting according to your preferences, remaining within the goal imposed by the project. Then select the project that will receive the donations you will collect. At the end, let your friends know that you have created a crypto Fundraising Campaign and share the initiative on social networks!


How long can a Campaign last?
A Campaign can last minimum 6 hours up to a maximum of one month, since the day of its creation.


Who manages the donations?
The donations come directly to the project that is the beneficiary of the initiative: neither the creator of the Campaign nor Helperbit have access to these funds. For more information on donation management read the explanation about Multisignature Bitcoin Wallet.


Are there any fees for the donations made through this service?
There are no additional fees for donations in Helperbit. Fees are only charged by the Helperbit partner services (payment acquiring and exchange) and by the Bitcoin network, in order to send transactions.
We have no direct profits from donations, as reported in the Manifesto Page.



Propose Your Non-Profit and Encourage it to Accept Crypto Donations

Through the page “Proposed NPO List” you can vote for your favorite organization. Every vote increases the community’s interest in having more and more innovative organizations!


What is the Proposed NPO List

The Proposed NPO List allows users to report non-profit organizations and public bodies that have not yet signed up for Helperbit. Users can also “like” those that have been already suggested, reinforcing the value of the request.


Why propose a non-profit organization

When the reports are received, Helperbit will contact the proposed institutions and follow them in their first approach to the bitcoin and blockchain world. The organization has the possibility to create a multisignature bitcoin wallet and launch a crypto charity fundraising with blockchain traceability.

Do you know an organization that could benefit from this platform but that is not yet in Helperbit? Propose it!

Geolocation as a Verification Process to Receive Humanitarian Aid

Helperbit offers different geoverification steps: according to the completed level, when a natural disaster occurs, users can receive direct donations. This does not compromise the user’s privacy, which, on the contrary, is safeguarded through appropriate procedures.


Why geolocalize

Helperbit is not only a fundraising platform. In case of a natural disaster, indeed, it allows some additional operations, available if the users have previously registered their geographical position and the platform has verified their correctness before a calamity happens.

  • If the residency address of a user has been voluntarily geolocated, Helperbit associates its bitcoin wallet with those coordinates. Each new earthquake that is recorded by the platform is automatically analyzed by Helperbit, allowing donors to check if there are individuals or entities that fall within the area of influence of the event and make a direct donation to the selected beneficiaries.
  • Users, whose address is geoverified, receive information on the level of risk in their area, in relation to the different types of natural disasters.
  • In case of calamity the platform asks to users, that live in the are and whose address is geoverified, if they are willing to host for a short period people left homeless. This service is still under development.
  • When an event occurs and there are users in the involved area, the platform asks them if they need hospitality or they can offer it.


Which methods we use

Helperbit offers many levels of geoverification, which allow to access to different services.

Level 1: The user can self-certify his residency position. This allows him to obtain only information about the risks related to his area.

Level 2: The user can also enable the GPS function of his mobile/browser. Soon this will allow him to be contacted in case of an event nearby to offer or request hospitality.

Level 3: Send a document to certify the domicile. This paper should report the same name of the account’s owner. The accepted documents are:

  • Bill of a domestic utility (electricity / gas / water / telephone line bill)
  • Certificate of residence issued by the General Register Office

Level 4: The user can request the sending of a OTC (One Time Code), which is sent to the user’s home address and which allows full access to all the geographic services of the platform, such as the possibility of receiving direct donations if affected by a natural disaster.


How we manage and use user data

User privacy is a very important value for us. Each user, through his own configuration page, can modify the settings related to the public display of his data. With reference to the geographic coordinates that determine the location of the geoverified address, Helperbit automatically performs an obfuscation of the accuracy and defines the user’s position in a more generic way (within a square of 10km of side). This is a sufficiently large dimension to evaluate the intersection with a calamity but too coarse to know exactly the position, protection users’ privacy.