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Sep 14

Tax-Deductible Donations for Internationally Based DAOs

DAOs as Fundraising VehiclesFrom GoFundMe to DAOsFollowing the inception of GoFundMe and similar crowdfunding apps, individuals were able to raise capital for projects and causes they believed in. Through the power of the internet, I could give 100 dollars to a friend in need and receive the tax-deductible benefits provided by the IRS for gifts to charities. Fundraising through the internet represented a revolution in using technology and social media to solicit donations. Just as GoFundMe si...

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