Connect with us

Altcoins News

Madonna Partners with Ripple to Help Malawi’s HIV/ AIDS Orphans



Madonna Partners with Ripple to Help Malawi’s HIV AIDS Orphans
Source: Women's Health

Madonna is exclusively known for her lyrical content of her music but she has also moved forward to show her concern regarding the orphans or the underprivileged.

Madonna on 16th August will be celebrating her 60th birthday and she has decided to get partnered with Ripple in order to raise funds for aiding the orphans in Malawi named ‘the Queen of Pop’ established more than a decade ago.

The procedure of raising fund started on July 30 and will continue till August 31. Ripple has decided to agree with all the public donations that will be made with regard to Madonna’s noble purpose.

Madonna has purposely said that all the fund will especially be given to the Home of Hope orphanage situated in Malawi for their incredible deeds. The time when Madonna made this statement she also revealed on her Facebook page that currently US$28,783 fund has been raised.

The official announcement made by Ripple’s Senior Vice President, Eric van Miltenburg stated that almost there are millions of Malawi’s children whose parents died because of HIV/AIDS complications. They further mentioned that they are blessed to be the part of such an amazing project. Moreover, these children’s are the most deserted one and it is our moral obligation to help them.

However, his statement does not clarify whether the raised donations will be intermingled with USD or XRP.
Miltenburg further stated that Ripple was interested in raising Malawi’s fund with a collaboration of its investors at South Ventures. It is basically a technology investment fund introduced six years back by Ashton Kutcher, a Hollywood actor as well as by Guy Oseary.

Well, let me tell you that in May of this year Kutcher also partnered with Ripple in order to donate US$4 million in XRP. This donation was made to a non-profit organization titled ‘Ellen DeGeneres Wildlife Fund’ initiated by a comedian named Ellen DeGeneres. His main purpose of introducing this wildlife fund was to protect the endangered species.

In addition, Ripple and his team have also contributed its XRP worth US$29 million intending to show concern for public schools located in the United Nation through a non-profit. According to the non-profit it has been claimed that Ripple’s contribution was the biggest donation that they have ever received after being closely recognized for almost two decades.

The donation made by Ripple and its executives helped to fulfill the dreams of almost 28,000 teachers to teach the willing children. The fund provided them with books, copies, technology as well as other requisites that are important to become learned.

The founder of DonorsChoose, Charles Best wholeheartedly appreciated Ripple and its whole team for donating such a huge amount and also thanked for their generosity.
Madonna’s kind effort will definitely help millions of children to avail the better lifestyle they deserve. Looking at the step taken by Ripple and Madonna it is better to say that their noble cause will pay them back.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Rupali Sinha is a journalist at Koinalert. She covers the latest news and updates related to Blockchain technology and cryptocurrencies.