[PRESS RELEASE – Dublin, Ireland, April 11th, 2025]
AB Charity Foundation has formally launched its world operations and unveiled its newly upgraded web site at www.ab.org, marking the start of a public-interest initiative constructed on institutional credibility and superior blockchain expertise. Headquartered in Eire with acknowledged authorized standing beneath EU regulation, the Basis is positioned as a worldwide nonprofit entity dedicated to reshaping the way forward for public belief and sustainable improvement by bridging governments, civil society, and the tech group.
The Basis’s governance is led by a distinguished board of administrators composed of former heads of state from Europe. The board is chaired by Bertie Ahern, former three-term Prime Minister of Eire and a key architect of the Good Friday Settlement. Board members embrace Lawrence Gonzi (former Prime Minister of Malta), Péter Medgyessy (former Prime Minister of Hungary), Danilo Türk (former President of Slovenia), and Petar Stoyanov (former President of Bulgaria).
The Basis is actively increasing its world advisory board, bringing collectively revered figures from all 5 continents—together with former presidents, scientists, diplomats, and cultural leaders—to information strategic planning and foster worldwide collaboration in delivering impactful social initiatives.
On the coronary heart of the Basis’s mission lies a dedication to public good: advancing world efforts in training, healthcare, environmental safety, and humanitarian assist. The Basis goals to construct a “verifiable mannequin of cooperative goodwill,” powered by clear governance and next-generation expertise. As its founders emphasize, “It’s not a selected expertise that modifications the world—however the shared consensus round reliable establishments and world cooperation.”
AB Charity Basis is technically supported by AB DAO, which supplies the blockchain infrastructure underpinning the Basis’s operations. Via sensible contract automation, 15% to 30% of the gasoline charges from each transaction on the AB public chain are directed right into a devoted charity pool. This mechanism permits a brand new operational mannequin for charitable funding—combining on-chain fundraising, automated distribution, full-chain auditability, and third-party compliance assurance.
As well as, 15% to 30% of the returns generated from investments by the AB Ecosystem Fund may even be directed into the Basis’s pool. The fund has already supported dozens of initiatives, with extra initiatives within the pipeline—strengthening the monetary sustainability of the Basis’s mission.
By leveraging blockchain’s inherent transparency, the Basis aspires to turn out to be a scalable mannequin for next-generation philanthropic infrastructure—making certain each donation is traceable, each distribution verifiable, and each intention honored.
About AB Charity Basis
AB Charity Foundation is an Eire-based nonprofit working beneath EU authorized standing, targeted on advancing world public good by means of clear governance and blockchain expertise. Led by a board of former European heads of state, the Basis helps initiatives in training, healthcare, environmental safety, and humanitarian assist. Powered by AB DAO, its blockchain infrastructure ensures traceable donations and automatic, compliant distribution of funds, making a scalable mannequin for next-generation philanthropy.
To observe AB Charity Basis and assist its mission:
Official Web site: www.ab.org
International Neighborhood Portal: www.ab.org/community
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