2022/05/05

Processing Foundation Announces Annual (Cryptocurrency) Donation Record and Suspension of Ethereum

The Processing Foundation, a champion of software literacy within the visual arts and developer of the eponymous creative coding toolkits, announces that it received a record-breaking $10 million in donations in 2021, a majority of which came from artists donating cryptocurrency. This generous support has “allowed the Foundation’s work to become sustainable for the first time,” writes Executive Director Dorothy R. Santos, citing particularly generous artists such as Joshua Davis, Monica Rizzolli, Jared Tarbell, and Lia. Santos further announces that the foundation’s board decided to suspend new Ethereum donations over environmental concerns. Support for Tezos, a more energy-efficient cryptocurrency, will continue.

$40 USD