Hoping to encourage more donations leveraging technology, former marketing executive Jon Blaylock launched Ophir, a fully decentralized cryptocurrency (crypto) that utilizes the world’s first endowment smart contract on the blockchain.
Blaylock was the former head of Marketing and Strategic Planning at one of Mitsubishi’s distributors. After establishing a digital marketing agency, he founded a crypto private equity firm.
Blaylock was also a worship pastor for a church in London and has collaborated with various non-governmental NGOs and youth groups. Ophir also aims to educate grassroots churches across the Philippines and other developing countries around the world about blockchain technology.
Blaylock saw new fundraising opportunities emerging from the cryptocurrency landscape.
“By accepting crypto, these churches can have access to that abundance while connecting with the next generation of donors,” he said.
The initiative will involve an international cryptocurrency fundraising campaign to channel donations to the General Mariano Alvarez Fellowship of Christian Churches (GMAFEC), a non-profit based in Cavite, consisting of influential leaders who belong to church networks and para-church organizations with inroads to thousands of grassroots churches.
According to Blaylock, the donations will be used by GMAFEC to support the religious organization’s activities and to facilitate the education of thousands of churches which will also be receiving Ophir tokens as a gift. Ophir’s community, which consists of an international team of experts, will help equip church leaders, members, and communities to raise awareness of crypto’s potential to fuel programs designed to address social and humanitarian causes and to teach them to leverage other exponential technologies in order to prepare their congregations and communities for the 4th industrial revolution.
Donors can send Tether (USDT), USD Coin (USDC), Ether (ETH), Smooth Love Potion (SLP), Hex (HEX), or Texan (TEXAN) to GMAFEC’s designated crypto wallet. They will also receive zero-value Ophir tokens as donation premiums which the market may ascribe value to once Ophir becomes tradeable.
“Through the power of blockchain technology, galvanized communities can transcend barriers to financial inclusion, enabling access to the abundant resources that exist in our world,” Blaylock said.