Survey says crypto popular holiday gift for Americans — NFTs not so much

Bitcoin, Dogecoin and Ether lead the list as the most popular cryptocurrencies Americans plan to gift during the holiday season.

Cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE) and Ether (ETH) are set to become the gift of choice for people of the United States, a new study by crypto lending firm BlockFi revealed.

Conducted in October among more than 1,250 U.S. residents, BlockFi’s “Real Talk: Happy HODLdays” survey found that nearly one in 10 Americans would give crypto to their loved ones as a holiday gift.

Bitcoin is the most popular gift by a large margin (75%) for people who plan to give or receive crypto as a present during holiday 2021, followed by Dogecoin and Ether, respectively. Nonfungible tokens (NFTs), on the other hand, still need time to be accepted as a gift alternative as only 2% of respondents are interested in receiving them as a gift.

Moreover, crypto will likely become a hot topic at family dinner tables, as one in three respondents prefer talking about their popular digital assets instead of politics during the holiday season, the survey showed. While boomers would still prefer to talk politics, Gen Z and millennials plan to open the conversation with crypto.

The survey pointed out the lack of knowledge on how to actually give crypto. Less than a quarter of respondents actually knew how to send crypto to someone as a present. This shows that crypto is becoming a popular topic but further education would benefit an even bigger population, BlockFi co-founder and SVP of operations Flori Marquez said.

Related: A quarter of Aussie crypto users plan to buy crypto Christmas gifts: Survey

BlockFi also asked respondents about their new year plans. A third of millennials plan to buy crypto in 2022 while it decreases to 25% in the older generations. Some 15% of respondents said they plan to buy an NFT in 2022. One thing to note is that Gen-Zers, born after 1997, prefers to buy Dogecoin over Ether.

A similar survey, conducted in Australia by Crypto.com, found that a quarter of Aussie crypto users plan to buy crypto gifts for their loved ones ​​this Christmas.

Projects are collecting Toys for Tots crypto donations this holiday season

“The cryptocurrency bull market has been good to all of us in this industry and this holiday season is the perfect time to pay it forward,” said Unbanked co-CEO Ian Kane.

This holiday season, fintech provider Unbanked will be enabling crypto donations for Toys for Tots, a program run by the United States Marine Corps that collects toys to distribute to disadvantaged children.

In a Dec. 2 announcement, Unbanked said it would be allowing users to donate cryptocurrencies including Bitcoin (BTC) and Ether (ETH) as part of a fundraising effort for Toys for Tots. Until Dec. 20, good Samaritans can send any amount of money towards the program which has given 604 million toys to 272 million children across the United States, Puerto Rico, and the U.S. Virgin Islands.

“The cryptocurrency bull market has been good to all of us in this industry and this holiday season is the perfect time to pay it forward,” said Unbanked co-CEO Ian Kane. “We naturally wanted to use the benefits of crypto to give back during this holiday season.”

Unbanked does not exclusively represent all crypto users’ philanthropic endeavors, however. A project operating under the name Elf Token reported it has received $41,200 to be used toward purchases for Toys for Tots as of Dec. 4, with a goal of raising $100,000 over the holiday season. In addition, the Giving Block, a platform which allows non-profit organizations and charities to accept donations in crypto, currently enables donations using many tokens for the toy collection program.

Related: Charity platform expects significantly larger crypto than fiat donations for Giving Tuesdayx

Charities, universities, faith-based organizations and others have stepped up the number and amount of donations in crypto as part of Giving Tuesday this year. Cointelegraph reported on Dec. 2 that the Giving Block raised $2.4 million in crypto this year, representing a 583% increase from the Tuesday after Thanksgiving in 2020. The platform is aiming to raise more than $100 million in crypto donations by the end of the year.

Bitcoin.com’s Crypto Casino Conducts Christmas Raffle with Cash Prizes Worth $10,000

Bitcoin.com is set to put players in the mood to celebrate Christmas with one of the biggest giveaways of the year!

💰$10,000 in Cash Prizes Up For Grabs🎁

Christmas festivities start early this year at our very own crypto casino, Bitcoin.com Games, as we’ve launched a brand new raffle that culminates into a draw announced on Christmas day. Lucky players at the end of the draw will take home cash prizes worth $10,000 that are likely to set them up nicely for the year-end celebrations.

Anyone can win! That’s the allure that is attracting plenty of players to this one-of-a-kind promotion. Upping the ante of the holiday spirit is the fact that you can play any game available on the casino to claim your tickets to the raffle. Any player can be the happy receiver of the luck of the draw with 10 positions being rewarded at the end of the raffle. Even if you have just 1 ticket, it is possible for you to land the top prize of $3,000 all by yourself simply by having lady luck on your side!

Anyone can win the top prize of $3,000 even with just 1 ticket to the raffle.

The build-up to Christmas beginning on the 1st of December ensures all players have a sufficient amount of time to gather as many tickets as they can to maximize the possibility of being drawn a winner. Because, of course, the more tickets you have, the greater your chances of winning.

Bitcoin.com Games is the most trustworthy crypto casino where you can enjoy high-quality games from all the top providers in the world. Combined with the smooth user experience and top-notch customer service that ensures premium gameplay round the clock, the crypto casino has become the go-to gaming portal for many players since its launch in 2016. The premium gaming platform also allows users to play all the popular casino games without worrying about in-depth KYC or upper limits on deposits or withdrawals.

The Xmas Raffle🎄 promotion is ongoing at Bitcoin.com Games, offering you to play many exciting games while standing a chance to win from $10,000!

Check out this brand new promotion from Bitcoin.com Games or play one of the exclusive games like Bitcoin Blackjack on the casino’s website.

What do you think about Bitcoin.com Games Xmas Raffle with prizes worth $10K? Let us know what you think about this subject in the comments section below.