Inactive
Active 2018-2022; wound down, with remaining funds later partly redirected to GiveDirectly's Future First pilot
GiveCrypto was a nonprofit founded by Coinbase CEO Brian Armstrong in 2018. It sent small, regular crypto cash transfers directly to people in poverty, mainly in Venezuela, where local ambassadors identified the recipients.
Blockchain
EOS, Ethereum (Coinbase Wallet Lite)
Token economics
Donor-funded; paid in existing cryptocurrencies
Governance
Nonprofit foundation
Verified users
100+ families in the Barquisimeto pilot (2019); later programs larger
Key people
Brian Armstrong (founder)
Joe Waltman (executive director)
Locations
Venezuela
Latin America
Links
Notes
Targeted, time-limited cash transfers rather than universal basic income