The event plans to raise $1 Million to help end domestic and sexual violence.
Two riders, namely Jason Berlin and Jovel Velasquez, are already set for the Tour de Crypto, which is the first annual cycling road trip in the US, and which aims to raise cryptocurrency awareness for charity purposes.
Tour De Crypto
The main purpose of the tour is to connect charities and donors with cryptocurrencies, and raise $1 Million through fiat money and crypto for the Houston Area Women’s Center (HAWC), a non-profit organization that focuses on ending domestic and sexual violence, as well as supporting the creation of safer and healthier lives through advocacy, counseling, education, shelter, and support services.
Every penny raised from the event will proceed to the said organization, as an acknowledgment of its efforts to the cause, which its members also offer free of charge.
The cycling event will begin on September 14 in Hamptons, New York, and will pass through 10 states, as well as Washington, DC. Berlin and Velasquez will also attend the World Crypto Con Event in Las Vegas, Nevada from October 31 to November 2. The tour’s end will be in Huntington Beach, California on November 9.
Accompanying the two riders are a driver, videographers, and an audio crew that will record the cross-country tour and provide coverage of the journey through live feeds and shared on different social media sites.
Crypto Use Vis-a-Vis Philanthropic Efforts
The event is supported by notable organizations and communities, including organizations of chief cryptocurrencies like Bitcoin, Ethereum, and Litecoin. One community contributor, Phore Blockchain, said that in addition to its initial donation, it will match Phone token (PHR) donations one-to-one for up to 5,000 PHR until October 31.
Thomas Ambler, Co-CEO of Phore Blockchain, said that they “could not be more excited” to support both Tour de Crypto and HAWC.
Ambler continued:
“This event will help raise awareness for the many benefits cryptocurrencies offer and how non-profit organizations can leverage those benefits. Cryptocurrencies can offer lower transaction and processing fees, faster and more efficient transactions, access to a global network of international donors, transparency, and security.”
Aside from the aforementioned plans, the Tour de Crypto crew also hopes to compile the events recorded across the journey into a documentary film which can then be disseminated to the rest of the world.
“We are happy to have Phore Blockchain on board to support this event,” expressed rider Jason Berlin. “In addition to being a solid project, Phore shares our vision of gaining mass adoption of cryptocurrency and blockchain technology, as well as supporting philanthropic efforts.”
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