The Venture Fund leverages ether and bitcoin crypto funding as a fast and transparent way to receive and disburse donations. The Fund is the first financial vehicle for the UN to recieve, hold, and dispurse cryptocurrency — allowing UNICEF to explore what it means to operate in a digitally financed future.
We provide up to USD 100K in BTC or ETH equivalent in seed funding, and up to 400K in BTC or ETH equivalent in growth funding, to startups developing software and data-driven solutions.
The Venture Fund team engages various internal stakeholders to determine which startups can benefit the most using cryptocurrency.
The transactions made in cryptocurrency are easily traceable, since the transaction information gets registered on a public ledger. By distributing funding in cryptocurrency, UNICEF, donors, recipients, and the public can track where funds are going and how it is being spent – providing an unprecedented level of transparency in the NGO and funding space.
This technology relies on cryptography and immutability. This means that the information available on Bitcoin and Ethereum blockchain is kept in a way that is verifiable and permanent. No one can lie on these cryptocurrency technologies.
Cryptocurrencies allow for the global movement of funds at a rate that is faster than existing systems (2-3 days). The Bitcoin blockchain has a settlement time of around 60 minutes and the Ethereum blockchain has a settlement time of around 6 minutes.
| From | Recipient | Crypto amount | Transaction type | Date |
|---|
| UNICEF HQ | Bioverse | 12.0000 eth | Investment | 2023-05-15 | Transaction Proof |
| UNICEF HQ | Angaza Elimu | 26.8100 eth | Investment | 2022-12-09 | Transaction Proof |
| UNICEF HQ | Angaza Elimu | 12.1100 eth | Investment | 2023-05-15 | Transaction Proof |
| Ethereum Foundation | UNICEF HQ | 100.0000 eth | Donation | 2019-10-07 | Transaction Details |
| From | Recipient | Crypto amount | Date | ||
|---|---|---|---|---|---|
| Transaction details Close Transaction details popup | |||||
| Ethereum Foundation | UNICEF France | 100.0000 eth | 2019-10-07 | Transaction Proof | |
| UNICEF France | UNICEF HQ | 100.0000 eth | 2019-10-07 | Transaction Proof | |
| Ethereum Foundation | UNICEF HQ | 1.0000 btc | Donation | 2019-10-07 | Transaction Details |
| From | Recipient | Crypto amount | Date | ||
|---|---|---|---|---|---|
| Transaction details Close Transaction details popup | |||||
| Ethereum Foundation | UNICEF France | 1.0000 btc | 2019-10-07 | Transaction Proof | |
| UNICEF France | UNICEF HQ | 1.0000 btc | 2019-10-07 | Transaction Proof | |
| Ethereum Foundation | UNICEF HQ | 1200.0000 eth | Donation | 2020-06-15 | Transaction Details |
| From | Recipient | Crypto amount | Date | ||
|---|---|---|---|---|---|
| Transaction details Close Transaction details popup | |||||
| Ethereum Foundation | UNICEF France | 1200.0000 eth | 2020-06-15 | Transaction Proof | |
| UNICEF France | UNICEF HQ | 1200.0000 eth | 2020-06-15 | Transaction Proof | |
| Ethereum Foundation | UNICEF HQ | 800.0000 eth | Donation | 2020-10-12 | Transaction Details |
| From | Recipient | Crypto amount | Date | ||
|---|---|---|---|---|---|
| Transaction details Close Transaction details popup | |||||
| Ethereum Foundation | UNICEF France | 800.0000 eth | 2020-10-12 | Transaction Proof | |
| UNICEF France | UNICEF HQ | 800.0000 eth | 2020-10-12 | Transaction Proof | |
| Animoca Brands | UNICEF HQ | 167.0000 eth | Donation | 2021-01-05 | Transaction Details |
| From | Recipient | Crypto amount | Date | ||
|---|---|---|---|---|---|
| Transaction details Close Transaction details popup | |||||
| Animoca Brands | UNICEF France | 167.0000 eth | 2020-12-23 | Transaction Proof | |
| UNICEF France | UNICEF HQ | 167.0000 eth | 2021-01-05 | Transaction Proof | |
| Huobi | UNICEF HQ | 0.0100 btc | Donation | 2021-02-12 | Transaction Proof |
| Huobi | UNICEF HQ | 6.9900 btc | Donation | 2021-02-17 | Transaction Proof |
| Ethereum Foundation | UNICEF HQ | 259.9400 eth | Donation | 2021-10-18 | Transaction Details |
| From | Recipient | Crypto amount | Date | ||
|---|---|---|---|---|---|
| Transaction details Close Transaction details popup | |||||
| Ethereum Foundation | UNICEF France | 259.9400 eth | 2021-10-18 | Transaction Proof | |
| UNICEF France | UNICEF HQ | 259.9400 eth | 2021-10-18 | Transaction Proof | |
| UNICEF HQ | Afinidata (Educatic) | 125.0000 eth | Investment | 2020-06-18 | Transaction Proof |
| UNICEF HQ | Atix Labs | 53.4700 eth | Investment | 2021-12-21 | Transaction Proof |
| UNICEF HQ | StaTwig | 125.0000 eth | Investment | 2020-06-20 | Transaction Proof |
| UNICEF HQ | Somleng (Chatterbox) | 92400.0000 usd | Investment | 2020-06-18 | Transaction Details |
| From | Recipient | Crypto amount | Date | ||
|---|---|---|---|---|---|
| Transaction details Close Transaction details popup | |||||
| UNICEF HQ | Somleng | 92400.0000 usd | 2016-11-07 | Transaction Proof | |
| UNICEF HQ | Somleng (Chatterbox) | 125.0000 eth | 2020-06-18 | Transaction Proof | |