Stellar Development Foundation's 'Stellar Aid Assist' Nominated for 'Best Use of Web3' in the 28th Annual Webby Awards
SAN FRANCISCO, April 10, 2024 /PRNewswire/ -- The Stellar Development Foundation (SDF), the nonprofit organization supporting the development and growth of the Stellar network, today announced that its Stellar Aid Assist solution has been nominated for "Best Use of Web3" in the 28th Annual Webby Awards. Hailed as the "internet's highest honor" by The New York Times, The Webby Awards, presented by the International Academy of Digital Arts and Sciences (IADAS), is the leading international awards organization honoring excellence on the internet.
- SAN FRANCISCO, April 10, 2024 /PRNewswire/ -- The Stellar Development Foundation (SDF), the nonprofit organization supporting the development and growth of the Stellar network, today announced that its Stellar Aid Assist solution has been nominated for "Best Use of Web3" in the 28th Annual Webby Awards.
- Stellar Aid Assist provides organizations, such as the United Nations High Commissioner for Refugees (UNHCR), a blockchain powered option to easily and efficiently disburse aid at scale during times of crisis.
- A first-of-its-kind blockchain solution, Stellar Aid Assist powers instant, transparent, and low-cost transfer of funds in bulk to thousands of recipients — even if they don't have bank accounts.
- "Nominees like the Stellar Development Foundation are setting the standard for innovation and creativity on the Internet," said Nick Borenstein, General Manager of The Webby Awards.