My First Bitcoin education program, a Salvadoran non-profit organization, has successfully raised over 1 BTC in donations for its Bitcoin Diploma program through Bitcoin crowdfunding, with the support of Bitcoin Beach. The program aims to educate Salvadorans about Bitcoin and its potential to empower individuals. The donations came from Bitcoin education advocates around the world, who contributed small amounts of Bitcoin using the Lightning Network.
This method of fundraising is seen as revolutionary as it allows anyone to participate regardless of geographical location or financial status. My First Bitcoin founder, John Dennehy, noted that the efficiency and cost-effectiveness of Bitcoin crowdfunding make it an attractive option for many. The success of the campaign was also aided by Bitcoin Beach’s matching donation initiative, which promised to double every contribution until April 27.
The Bitcoin crowdfunding campaign has been described as one of the most successful educational projects ever conducted on the Geyser platform, demonstrating the potential of Bitcoin to empower communities and fuel growth.