The American Cancer Society (ACS) launched a $1 million cryptocurrency fund this week, as donations to cancer-related research was down 50% in 2020.

Any donations of $10,000 or more will feature on the Crypto Cancer Fund “Wall of Honor” and the first cryptocurrency donor to contribute $250,000 or over will have the opportunity to choose a name for the fund. So let's act now before the Winklevoss twins name it something boring.

The non-profit announced Tuesday it has partnered with cryptocurrency donations platform The Giving Block to launch the fund, seeking to raise at least $1,000,000 by early 2021 and will go directly to funding critical cancer research.

“I believe cryptocurrency will play a pivotal role in curing cancer,” said cofounder of The Giving Block Pat Duffy. “With bitcoin hitting a new all-time high, the creation of this new fund opens the door for the booming crypto market to save lives,” he said in a joint statement.

With the COVID-19 pandemic, resources have been strained and it has reduced the ability of ACS to fund cancer research by 50% in 2020 – the lowest investment this century. "The crypto community's contributions will help re-establish crucial research funding for new discoveries and better treatments to save the lives of family and friends," says the ACS website, "We invite you to support our vital research efforts and our broader mission to save lives, celebrate lives, and lead the fight for a world without cancer."

Logos to show partnership of ACS and Giving Block

Support the Cancer Crypto Fund

The partnership represents the first-ever cancer fund exclusively funded by cryptocurrency donations to benefit the American Cancer Society.

Accepted cryptocurrencies:

  • Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Ether (ETH)
  • Litecoin (LTC)
  • Zcash (ZEC)
  • Gemini Dollar (GUSD)
  • Basic Attention Token (BAT)
  • Chainlink (Link)

In 2021 in the U.S., there will be an estimated 1,898,160 new cancer cases and 608,570 new cancer deaths. But thankfully, the death rate from cancer in the United States continues to decline. From 1991 to 2018, the cancer death rate has fallen 31%. This includes a 2.4% decline from 2017 to 2018—a new record for the largest 1-year drop in the cancer death rate.

These are just some of the findings from the annual statistics reported from the American Cancer Society (ACS). Learn more or donate.