Wikipedia has been accepting cryptocurrencies since 2014. Non-profit organization to date Bitcoin, Ether, Dogecoin, Litecoin and USDC It was open to receiving donations with other popular cryptocurrencies, as well as stablecoins. This issue has been discussed in recent months.
Wikimedia on the talk page, crypto critics WikipediaThey expressed their views on crypto donations to . Most critics of Wikipedia environmental concerns He argued that he should stop accepting crypto donations because of The survey also revealed that the community is against donations made with cryptocurrencies. As a result of all these developments, Wikipedia also announced its final decision.
The first version of Wikipedia is on sale as NFT!
The first edition of the world-famous internet encyclopedia Wikipedia was offered for sale as NFT by Jimmy Wales, one of the founders of the company.
Wikipedia will not accept cryptocurrency donations!
On Sunday, May 1, 2021, non-profit Wikimedia Foundationannounced that it will no longer accept cryptocurrency donations. Decision, of the Wikipedia community It was granted after a three-month period of discussion following the request to stop accepting crypto.
The following statements were made in the statement made by the organization:
The Wikimedia Foundation has decided to stop the direct acceptance of cryptocurrency as a donation tool. We started accepting cryptocurrency directly in 2014, based on requests from our volunteers and donor communities. We make this decision based on recent feedback from the same communities.
Wikimedia also the crypto payment service provider that the organization uses to collect cryptocurrency donations Bitpay He also announced that he would close his account. cryptocurrenciesmade up only a small part of Wikipedia’s total donation volume last year.
This situation Wikimedia Foundation‘s decision to stop accepting cryptocurrency donations a little easier. It was announced that in the last fiscal year, 130,000 dollars worth of crypto money donations were made, which is only 8/10 thousand of Wikipedia’s total revenue.
Despite all this Wikimedia Foundationstated that it will continue to monitor the situation regarding cryptocurrencies. The organization has not completely closed the door to cryptocurrencies for the future. So what do you think about this decision of Wikipedia? Give your feedback in the comments section or SDN ForumYou can share it with us.