Hawaii Theater Center Tries To Raise Money Using Cryptocurrency
HONOLULU (KHON2) – The Hawaii Theater Center is launching a campaign to raise $ 10,000 in cryptocurrency to fund a new live performance that supports youth in the arts.
Donations from the crypto-based campaign will be used to fund the premiere of “The Spongebob Musical” in July. The show will be composed of students from the summer intensive theater camp of the performance center.
[Hawaii news on the go–LISTEN to KHON 2GO weekday mornings at 7:30 a.m.]
The theater says the ticket sales and theater usage fees are not enough to keep the historic venue going, which is why it is turning to a more digitally friendly format.
“This will be the first time that a live-broadcast public performance has been fully crypto-funded, not only in Hawaii, but nationally,” said Dunn. “We are looking for other crypto pioneers to join us in showing the power of philanthropy in supporting young people in the arts. In the state of Hawaii, less than 3% of all charitable donations support arts organizations. We are researching crypto as a way to increase this number. “
By accepting cryptocurrency donations, the organization hopes to welcome donors who are looking for ways to do good through donations of their cryptocurrency holdings.
Hawaii Theater Center accepts Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Z-cash, and Gemini Dollars (GUSD).
To donate, click here.