We kind of build tools and solutions kind of selling shovels more than some of the folks who are building on a lot of the technical infrastructure. But we're called the giving block where a company sets up on profits to take cryptocurrency donations and then we spend the majority of our time actually helping nonprofits fundraise it and then helping donors figure out the most efficient ways to give working on kind of the tax literacy standpoint and then building out some of the community components, campaigns, fundraising pledges, et cetera.

So okay, I got to jump in right here. So certainly I've been involved in my share in nonprofits. And I know about how that is like an existential skill set for a nonprofit to have its ability to fundraise effectively. But I've also learned that the more impediments that you put in place for fundraising the harder and correct me if I'm wrong, but it's how is doing crypto better or easier than me just giving them my credit card?

Yeah, it's a great question. And the main reason people donate crypto in the US is because of the tax incentive. So there's something called a non-cash asset. So you can think about stocks, a house, a car, whatever might be in this case, cryptocurrency. If you donate something that is appreciated, the nonprofit gets the donation full value, you get the write off on your taxes. And then this third kind of magical thing happens where you don't pay taxes on the appreciation of that asset. So in kind of layman's terms, if you're giving money from bank account, non-profit gets a million bucks, you get a million dollar write off when you're giving them cryptocurrency, especially if it's gone up a lot. You bought at a low price. It's up a lot from when you got it a few years ago. Non-profit gets a million, you get the million dollar write off and you can erase $200,000 plus in capital gains taxes on top of the write off that you're getting. So it's a super powerful tax incentive to give non-profit assets as direct transfers.

So in other words, not to get into too much tax stuff on this podcast, which I don't know, nothing about it, but in a nutshell, so I understand I get the fully, I can take the full credit for the write off, even though normally if I was to sell it, I would have only had a considerably lesser amount of cash had I donated the cash. But just allows me to do an appreciated asset and not avoid the tax on it,

correct?