Brink just received our first donation from a Bitcoin Donor-Advised Fund.
The donation was in BTC and made using a multisig onchain transaction.
This donation was made through Unchained's Bitcoin DAF and will be held in our reserves to fund Bitcoin development into the future.
🚀
Nice!
Just read the investopedia entry. Is this an emerging trend? Are there a lot of DAFs? It sounds like a way to reallocate cap gains taxes to a charity of your choosing. Is this accurate?
Who decides where the money goes?
Unchained did a write up about this structure which might help
