Ripple fully funded every live DonorsChoose classroom project yesterday

#1

Post by gmichnikov » Thu, Mar 29, 2018, 2:39 AM UTC

Ripple fully funded every live DonorsChoose classroom project yesterday
donorschoose.org

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#2

Post by joelrunyon » Thu, Mar 29, 2018, 3:37 AM UTC

Wonder if they would have gotten more press if they did a rolling donation schedule (1/week, etc).

Either way - good to see good projects get funding.

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#3

Post by swozey » Thu, Mar 29, 2018, 3:39 AM UTC

That's killer, thanks Ripple! $29MM!

Page isn't loading but this is from the subject of the blog;

#BestSchoolDay 2018: Every Project Funded! MARCH 27, 2018 STEPHEN BURKENEWS

#BestSchoolDay is here! Last night, Ripple fully funded every single live DonorsChoose.org classroom project. That’s over 35,000 projects in one enormous $29 million dollar act of generosity. We literally don’t have words to express our gratitude, so we had to invent some. We’re flabbermazed. Astonified. It blew us away, knocked our socks off... WOW! Here’s a message from Ripple and our founder, Charles, talking about why Ripple chose to support our creative community of teachers with this [Read more...]

edit: Someone's going hard on downvoting every comment in here. Do you not like teachers receiving money to help their students?

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#4

Post by jzamora » Thu, Mar 29, 2018, 3:44 AM UTC

That's amazing!

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#5

Post by anf » Thu, Mar 29, 2018, 3:49 AM UTC

https://en.wikipedia.org/wiki/Ripple_(company)#Funding

Are they profitable? How can this kind of thing be justified to shareholders?

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#6

Post by oh_sigh » Thu, Mar 29, 2018, 3:51 AM UTC

joelrunyon wrote: post #2

Wonder if they would have gotten more press if they did a rolling donation schedule (1/week, etc). Either way - good to see good projects get funding.

That would take 6 centuries to fund the same amount of projects.

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#7

Post by throwmeItsok » Thu, Mar 29, 2018, 3:51 AM UTC

I am really happy for these schools, but what if someone is just trying to 'converting a lot of ripple into cash' look like effect from 'charity donation' event?

So that prices don't fall overall while this happens and some people cash out of it.

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#8

Post by giarc » Thu, Mar 29, 2018, 3:58 AM UTC

anf wrote: post #5

https://en.wikipedia.org/wiki/Ripple_(company)#Funding Are they profitable? How can this kind of thing be justified to shareholders?

Further down in the wiki. I don't know what Ripple Labs is, but perhaps the donation is part of this 80 billion XRP??

>Of the XRP80 billion that Ripple Labs was gifted, Ripple follows a distribution strategy that encompasses payments to business partners such as gateways, market makers and charitable organizations.[24]

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#9

Post by trophycase » Thu, Mar 29, 2018, 3:58 AM UTC

anf wrote: post #5

https://en.wikipedia.org/wiki/Ripple_(company)#Funding Are they profitable? How can this kind of thing be justified to shareholders?

Their currency is worth billions

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#10

Post by the_cat_kittles » Thu, Mar 29, 2018, 4:00 AM UTC

hell yea, give that shit away. btc insta millionaires, lets see it!

edit: oh sorry, i forgot these people all "earned it"