Historic: Track political donations to Donald Trump on the blockchain

Blockchain has entered the 2024 U.S. Presidential Election.

For the first time in U.S. history, anyone can track donations made to a presidential campaign on the blockchain. Since May 21st, crypto donations made to the Donald Trump 2024 U.S. Presidential campaign on-chain have been recorded on the Ethereum, Polygon and Base blockchains.

Around $59,385 in crypto has been donated to the Trump campaign according to Breadcrumbs on-chain tracking since his campaign began accepting cryptocurrency donations.

Why Political Donations on the Blockchain are Important:
-Political donations are more transparent on the blockchain
-It is easier to confirm political campaigns are reporting accurate information
-It is easier to confirm individuals are properly reporting their campaign contributions
-Less time spent doing paperwork for campaign disclosure requirements
-FEC officials can focus more on enforcement of law violations

What’s in the Article?
-The wallet addresses identified by Breadcrumbs connected to the Trump campaign.
-How crypto donations are transferred on-chain.
-How crypto donations are converted into USDC on-chain.
-How anyone can trace these crypto donations on-chain using Breadcrumbs.

See my full article here on how to trace crypto donations to Donald : https://learn.breadcrumbs.app/posts/campaign-donations-donald-trump-2024-election-blockchain

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