GiveXLM is a web app for charitable giving through the Stellar blockchain ecosystem.
Registered 501(c)3 nonprofit partners who have gone through due diligence and onboarding with the secure wallet registration process will be listed within the web app, and users will be able to donate their XLM by sending it directly to the wallets belonging to nonprofits.
Following the donation, donors and nonprofit partners will automatically receive donation receipts containing the details of the donation and relevant charitable contribution tax deduction information via email receipt and unique NFTs.
In addition to receiving tax deductions on charitable contributions, donors also avoid capital gains fees they would otherwise pay for converting cryptocurrencies to USD, as well as expensive exchange fees.
Give XLM will expand upon our capabilities by utilizing benefits of the XLM ledger, including partnering with StellarCarbon to help automate and track donations to nonprofits retiring Carbon Credits via GiveCarbon (more info coming soon!)