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Definition: Endaoment


A website that allows anyone to start a donation fund that accepts crypto or to donate to an existing fund. As of 2022, Endaoment accepts donations to more than a million non-profit organizations, including major institutions such as the American Red Cross, Nature Conservancy and Muscular Dystrophy Association. Although "endowment" is the original spelling and correct pronunciation of Endaoment, the "dao" comes from "decentralized autonomous organization" (see DAO and ConstitutionDAO). See crypto glossary.