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UNICEF-ITU Initiative, Giga, integrates Lido Impact Staking as a means to finance worldwide school connectivity projects.

Swiss city Geneva, on 5th May 2025, witnesses news via Chainwire:

UNICEF-ITU Initiative, Giga, integrates Lido Impact Staking as a means to finance worldwide school connectivity projects.

You're In: The Next Level of Philanthropy, Where Crypto Meets Social Impact

May 5th, 2025, Chainwire

Get ready to shake up the philanthropy world, because the groundbreaking Giga initiative has just leveled up! Giga, the partnership between UNICEF and the International Telecommunication Union (ITU), is embracing Lido Impact Staking (LIS), a mind-blowing financing model, to connect every school to the interweb by 2030. Want to help? Now you can, without giving a dime of your hard-earned cash!

A New Breed of Giving

You probably know Giga — they're all about helping governments plan, negotiate, and implement connectivity for schools worldwide. Now, they've teamed up with Lido Impact Staking, creating a sustainable funding model — enter impact staking! With LIS, donors stake their Ethereum (ETH) and contribute a piece of their staking rewards to Giga, all while keeping their pocket-pinching funds intact. It's a win-win!

"Blockchain tech is the future of philanthropy, and innovative financing models like Lido Impact Staking are here to prove it," said Gerben Kijne, Blockchain Product Lead at Unicef. "No more handouts — it's time to leverage staking rewards and foist tech on those kids."

Staking = Saving the Day

Lido Impact Staking lets you stake your ETH and send a bit of the sweet staking rewards its way, to fund internet access for the world's underserved schools. Unlike conventional donations, your principal is yours to keep; LIS just grabs a share of the rewards, no strings attached! Be part of the crypto-powered philanthropy revolution, and hit that "Stake Now" button.

Crypto Meets Social Impact

With Giga's partnership, LIS is stepping into the limelight as a real-world use case for crypto-powered change. Is Ethereum staking going to change the world? Only time will tell, but the moonbeam is shining bright!

The Call to Action

Giga's embrace of LIS opens new doors for institutional bigwigs — i.e., corporations, foundations, and Web3 communities — eager to make a global impact without emptying their coffers. Ready to stake your claim? Stake ETH for Giga and make a long-lasting impact on school connectivity — all without touching your big fat stacks.

Buzzword Bingo

Remember, Giga aims to connect the estimated three million schools still without internet access. Online learning opens a world of knowledge to students and teachers, and fosters inclusive lifelong learning and socio-economic growth. Giga is currently engaged in 39 countries.Lido Impact Staking (LIS) is a decentralized impact funding mechanism, enabling ETH stakers to donate to social impact projects seamlessly. Built on Lido's liquid staking protocol — imagine that! — LIS ensures sustainable, long-lasting funding for initiatives like Giga.

So, are you ready to be an impact staker? Visit stake.giga.global and join the ranks of those pushing the boundaries of philanthropy!

Contacts
Enrichment Data

Lido Impact Staking (LIS) operates by allowing users to stake their Ethereum through Lido's platform, which offers liquid staking, earning stETH tokens. Instead of withdrawing staking rewards, users can allocate a portion or all of their rewards to support high-impact projects like Giga. Giga utilizes Lido's platform to facilitate the process, enabling stakers to redirect their rewards without losing control of their principal. Users have the flexibility to decide how much of their staking rewards to donate to Giga.

References[1] Lido Impact Staking[2] Lido Staking Guide[3] Lido Impact Staking: Bridging the Gap Between Crypto Stakers and Social Impact Projects[4] Giga: Connecting Every School to the Internet by 2030[5] Innovative Financing: Funding Global Education

  1. The groundbreaking Giga initiative, a partnership between UNICEF and the International Telecommunication Union (ITU), has embraced Lido Impact Staking (LIS), a unique financing model, to achieve its goal of connecting every school to the internet by 2030.
  2. With Lido Impact Staking, donors can stake their Ethereum (ETH) and contribute a piece of their staking rewards to Giga, all while keeping their funds intact.
  3. Gerben Kijne, Blockchain Product Lead at Unicef, stated that blockchain technology is the future of philanthropy and innovative financing models like Lido Impact Staking are here to prove it.
  4. Lido Impact Staking allows ETH stakers to donate to social impact projects like Giga seamlessly, with the flexibility to decide how much of their staking rewards to donate.
  5. The partnership between Giga and Lido Impact Staking is a real-world use case for crypto-powered change, and Ethereum staking could potentially change the world.
  6. Giga's partnership with Lido Impact Staking opens new opportunities for institutions like corporations, foundations, and Web3 communities to make a global impact without emptying their coffers.
  7. In 2025, technology continues to evolve with models like Lido Impact Staking, bridging the gap between crypto stakers and social impact projects, contributing to the crypto-powered philanthropy revolution.
Swiss City Geneva Witnesses Chainwire Announcement on 5th May, 2025

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