Tor Project to Start Web3 Crowdfunding Campaign for Internet Freedom on May 19

Tor Project and Funding the Commons launched the campaign on May 19 for 10 nonprofit digital infrastructure projects, with a $115,000 matching pool and crypto donations accepted through June 18.

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Summary

Tor Project and Funding the Commons launched a Web3 crowdfunding campaign on May 19 to support 10 nonprofit digital infrastructure projects. The campaign includes a $115,000 matching pool and accepts donations in Bitcoin, Ethereum, Zcash, Monero, and Golem. It runs through June 18, adding concrete details to the previously announced decentralized fundraising effort for internet freedom and related digital public infrastructure.

Terms & Concepts
  • Web3: A blockchain-based version of internet services that emphasizes decentralized ownership, digital assets, and peer-to-peer coordination.
  • Bitcoin: A decentralized digital currency that operates on a blockchain and can be transferred without a central intermediary.
  • Ethereum: A blockchain network that supports its native cryptocurrency, ether, and programmable applications such as smart contracts.