Announcing, powered by EA Funds

post by SamDeere, Fabio Kuhn, Ashley Lin · 2021-11-30T15:31:01.591Z · EA · GW · 31 comments


  Check out here
  How you can help
  Motivation and Goals

We’re excited to announce the launch of, a donation platform targeting members of the crypto community. The platform is a project of Effective Altruism Funds (and uses the same payments infrastructure [EA · GW]), but is targeted towards people who have done well out of the recent crypto boom and haven’t yet engaged much with EA.

Check out here

TL;DR: We’d love your help getting the word out, so we’ve listed some ways that you can get involved;  you can also read a bit more about our motivation for the project.


The landing page

How you can help

We think that there’s a great opportunity here to engage the crypto community with effective altruism, and you can help us make a success.


If you have friends or contacts in the crypto community who you think might find valuable, or you’re active in the crypto community, it’d be great if you could share the website. We think that there’s a huge amount of potential for engagement here, and you can make a big difference by helping us to get the word out.

Some things that would be really helpful:

If you’d like to take a more active role in helping us promote the site, or you have ideas for how we could promote this more widely/go viral, please comment below, or email

Feedback is an experiment. We built it quickly to test out the hypothesis that there’s a market for a crypto-focused website that encourages people to donate effectively. However, this means that there’s probably a lot we could do to improve the site in terms of the information we present, the design, and the overall user experience.

If you’re someone in our target audience (or you feel like you can get in the right mindset), please feel free to comment below, or email with any suggestions.

Motivation and Goals

At the moment, many cryptocurrencies are at all-time high prices, and many people who hold crypto are looking to donate some of their holdings. Donating appreciated crypto directly is often more tax-advantaged than converting the crypto into a fiat currency first, because doing so avoids capital gains tax in many jurisdictions.

There is already a fair amount of overlap between the crypto community and EA (cf. Sam Bankman-Fried/FTX, Lantern Ventures, etc.), and it seems like the quantitative mindset that many EAs exhibit is also a trait found in many crypto early adopters. We think that a lot of people who hold crypto would probably be interested in donating effectively. However, there aren’t currently many places that are trying to build this bridge explicitly. There are many websites aimed at making it easy to donate crypto (e.g. The Giving Block, Endaoment etc), but typically give a huge range of donation options, with no particular focus on effectiveness. makes it easy to give crypto, but aims to showcase a smaller number of donation options that are informed by the principles of effective altruism (basically, the funds and non-profits supported by EA Funds).

Our two main goals for the project are:

To make it easier, we’ve grouped some selected charities (and some of the EA Funds) into ‘bundles’ that cover a specific cause area. We’ve chosen causes and charities that we think people without too much background in EA would find appealing, and to avoid decision fatigue associated with choosing between the ~40 charities supported by EA Funds (although we do provide donors with the option to ‘build their own bundle’, and choose from the full set of charities).


Donation bundles on the home page


Comments sorted by top scores.

comment by Peter Wildeford (Peter_Hurford) · 2021-11-30T23:42:12.479Z · EA(p) · GW(p)

I'm so excited to see someone in EA finally targeting the crypto audience - I think the opportunities are huge.

comment by mic (michaelchen) · 2021-12-01T16:31:00.257Z · EA(p) · GW(p)

In the EA community, it's somewhat common to use "effective" in a jargon-y sense to mean "effectively improving the world", but that's not at all the standard meaning of "effective". "Effective crypto" sounds like crypto that works really well; "effective thesis" sounds like a thesis that is persuasive, well-reasoned, and successful. In general, I think "impactful" would be better for conveying the meaning of "effectively improving the world". I don't think renaming "" would be worthwhile, but I'm curious about your thoughts about naming it that.

Replies from: Jonas Vollmer, hibukki
comment by Jonas Vollmer · 2021-12-01T23:29:13.919Z · EA(p) · GW(p)

Out of all the suggestions, this seemed the least bad one. If you have a better suggestion, we might rename it!

Replies from: Stefan_Schubert
comment by Stefan_Schubert · 2021-12-01T23:54:53.641Z · EA(p) · GW(p)

I think it's pretty good. I don't think it's that big of a problem that it may be a bit initially confusing.

It's nice that "effective crypto" (like "effective thesis") ties to effective altruism. "Impactful" doesn't do that.

comment by Yonatan Cale (hibukki) · 2021-12-02T10:34:17.084Z · EA(p) · GW(p)

Oh no! I just named my project "Effective Developers"

comment by Greg_Colbourn · 2021-12-03T01:21:22.256Z · EA(p) · GW(p)

Some related news: Peter Singer has released a (very limited) NFT series! They're up for auction on OpenSea, with proceeds going to TLYCS.

comment by Nathan Young (nathan) · 2021-12-01T00:27:38.876Z · EA(p) · GW(p)

Dank memes...

takes a long breath from vape pen

Now that's a name I haven't heard in a long time.

comment by BrownHairedEevee (evelynciara) · 2021-11-30T15:47:42.750Z · EA(p) · GW(p)

Exciting development!

Just wanted to flag that the part of the webpage with the four steps has the number 3 twice. The second 3 should be 4.

Replies from: Fabio Kuhn
comment by Fabio Kuhn · 2021-11-30T16:04:53.067Z · EA(p) · GW(p)

Thanks a lot evelynciara. 
I fixed the mistake and the fourth step should be labeled correctly now.

comment by chegreen · 2021-12-01T22:05:32.522Z · EA(p) · GW(p)

I agree with others that this is great and much needed! I'm curious how you chose the recipient charities for the different bundles, which seem to be a select few for the different issue areas. For instance, I would think that the ACE Recommended Charity Fund might be more aligned than their relatively speculative Movement Grants. Important disclosure, however: I'm on the board of an ACE recommended charity and am inherently biased. 

Replies from: Robbert-Jan Sparreboom
comment by Robbert-Jan Sparreboom · 2021-12-02T06:38:48.416Z · EA(p) · GW(p)

Hi Che, I am preparing a small project to map the current state of crypto within the EA community. Would be very interested to your thoughts on this subject. Open to disucss? 

comment by Matt Brooks · 2021-12-01T04:13:52.182Z · EA(p) · GW(p)

This is great! 

I had a similar idea regarding the crypto community as a great potential source of EA funding but I'm thinking more for-profit than strictly donation. It might be possible to tie crypto profits to EA funding by creating an impact certificate DAO.

I have a working project proposal I've been getting feedback on, if anyone is interested in reading it and giving me their thoughts just message me and I'll send you the link!

I would love to connect with the team to see if we can bounce some ideas off or learn from each other.

Replies from: Simon Pastor, Robbert-Jan Sparreboom
comment by Simon Pastor · 2022-07-14T22:09:13.712Z · EA(p) · GW(p)

Hey Matt, 

A bit late to the game, but would love to read your project proposal!

Replies from: Matt Brooks
comment by Matt Brooks · 2022-07-18T15:06:11.513Z · EA(p) · GW(p)

Hey Simon,

We've been funded by the FTX Future Fund regrantor program!

Check out our website here: Join our Discord here: Read (or skim) our long EA post here: [EA · GW]

comment by Robbert-Jan Sparreboom · 2021-12-02T06:36:14.300Z · EA(p) · GW(p)

Hey Matt, 

I am preparing a small project to map the current state of crypto within the EA community. Would be very interested to hear what you are working on! 


Replies from: Matt Brooks
comment by Matt Brooks · 2022-07-18T15:07:17.952Z · EA(p) · GW(p)

Hey Robbert-Jan,

Sorry, somehow I missed your comment but saw it once Simon replied and I got a notification.

We're likely staying in the web2 world for now, but there is a chance we graduate to web3/crypto in the future.

Check out our website here: Join our Discord here: Read (or skim) our long EA post here: [EA · GW]

comment by acylhalide (Samuel Shadrach) · 2021-11-30T16:30:28.872Z · EA(p) · GW(p)

This is great! I was going to suggest a UI on your earlier post, but refrained because it felt outside of the window of things that can be done easily. I will share this with people I know.

I'd still like to link my post here on features beyond this [EA · GW]that may be worth supporting at some point, for anyone else here.

comment by Harry Taussig (Harry_Taussig) · 2021-12-01T15:50:31.966Z · EA(p) · GW(p)

This is really exciting! You could try reaching out to coinbase to get listed as an organization on this page:


Replies from: Robbert-Jan Sparreboom
comment by Robbert-Jan Sparreboom · 2021-12-02T06:37:16.316Z · EA(p) · GW(p)

I totally agree Harry and great recommendation. Would love to have a chat with you to hear more about your ideas on EA in relation to crypto. 


comment by acylhalide (Samuel Shadrach) · 2021-11-30T16:42:06.029Z · EA(p) · GW(p)

P.S. Do you support USDC?

Replies from: SamDeere
comment by SamDeere · 2021-11-30T16:52:57.214Z · EA(p) · GW(p)

We do, although it looks like it's not showing on the site. I'm just fixing the issue, will update when it's there.

Replies from: Samuel Shadrach
comment by acylhalide (Samuel Shadrach) · 2021-11-30T17:45:15.615Z · EA(p) · GW(p)

Thanks for the info

comment by jwpieters (Jordan Pieters) · 2021-12-02T06:57:55.486Z · EA(p) · GW(p)

I think this platform is absolutely fantastic and much needed. I haven't made a donation yet, but it seems like the user experience is very smooth.

Just one note: the link on the notification "Donations to Effective Crypto may not be tax deductible where you live. We think that you shouldn't worry too much about this, but just so you know." is broken.

comment by HoratioVonBecker · 2021-12-08T08:38:19.273Z · EA(p) · GW(p)

Interesting. One thing I would mention, which I suspect this site has overlooked, is the value of computing power to altruistic projects - Cryptocurrency is quite unsustainable at the moment due to being essentially a 'print money using huge numbers of computers and huge amounts of electricity' industry, but if someone could figure out how to change those crypto rigs into more general-purpose supercomputers, or even just write some conversion algorithms?

We could get cheap protein folding out of it.

This is such a big deal to medical research; I don't think I can articulate how big a deal it is. (Quite frankly, I do not know. But.)

It's worth looking in to. :)

Replies from: Samuel Shadrach, HoratioVonBecker
comment by acylhalide (Samuel Shadrach) · 2021-12-12T10:15:19.351Z · EA(p) · GW(p)

Renting consumer hardware is more expensive than cloud usually. And you do need to pay for the hardware either way. I assume you're going to create a memecoin to pay them? (Cause if so you can also first create the memecoin, profit off of it, and then buy compute as an individual)

Replies from: HoratioVonBecker
comment by HoratioVonBecker · 2021-12-22T07:25:36.463Z · EA(p) · GW(p)

I think I have been wildly misinterpreted somehow?

I'm not into cryptocurrency; I just know protein folding and gene sequencing and suchlike is a thing molecular biologists (e.g. vaccine researchers) sometimes need supercomputer time to do.

Given how much the Crypto market relies on supercomputers at the moment, I'm assuming that some of the people who've done well on it own supercomputers that could be repurposed.

Replies from: Samuel Shadrach
comment by acylhalide (Samuel Shadrach) · 2021-12-23T07:28:43.520Z · EA(p) · GW(p)

Oh okay.

Just to give you picture of the market - mining market is mainly bitcoin and ethereum. Bitcoin mining is dominated by ASICs which are custom-designed hardware for the sole purpose of cranking out SHA256 hashes. Ethereum mining is mostly still done by GPUs, and these are going to flood the market as ethereum shifts to proof of stake. I have no idea who is buying second-hand GPUs at scale, but as long as somebody buys them, it is possible that the cost of compute goes down a tiny bit.

Replies from: HoratioVonBecker
comment by HoratioVonBecker · 2022-01-04T21:11:17.532Z · EA(p) · GW(p)


I don't have the money to buy up secondhand GPUs, but that's absolutely an underexploited market. Mainly because my pop-culture side hears 'GPU' and thinks 'gaming computer', rather than 'the sort of computer part that can help biologists and filmmakers'.

I may need to start a hardware tech company.

Replies from: Samuel Shadrach
comment by acylhalide (Samuel Shadrach) · 2022-01-05T10:20:22.144Z · EA(p) · GW(p)

I looked this up a bit more and I guess you're right, it is underexplored.

I'm hoping the larger mining farms have found people to sell their GPUs to, it's free money. (Although it wouldn't surprise me if they're stuck with legal or other issues.) It shouldn't be too hard to get contacts from top pools and ask them. I used to be in touch with a couple of people but not anymore.

Hobbyist miners definitely do not have any standard way of disposing / selling their GPUs, it might make sense for someone to start an online marketplace for them.

One issue with buying/selling second-hand is verifying quality, idk how this is solved.

comment by HoratioVonBecker · 2021-12-10T06:54:29.026Z · EA(p) · GW(p)

Okay, why are people downvoting so strongly? I've been giving unsolicited advice, to be sure, but that's a huge part of Rationalist culture. Do you just have a thing against bizarre positivity?