1 year ago
Vitalik Buterin, co-founder of Ethereum, and Sandeep Nailwal, co-founder of Polygon, person pledged $100 cardinal to assistance accelerate COVID-19 probe and alleviation efforts successful India.
With COVID-19 variants continuing to look and spread, and with a precise precocious fig of radical experiencing semipermanent symptoms speeding up, probe efforts are critical.
How The Donation Will Be Used To Support COVID-19 Research
The donations from Buterin and Nailwal are immoderate of the largest philanthropic contributions ever made successful crypto. Buterin made the announcement successful a Twitter thread and according to the thread, the money volition beryllium donated to Crypto Relief, with the funds going straight to researchers moving connected solutions to combat the semipermanent effects of coronavirus.
Crypto Relief is simply a task led by acceptable up by Nailwal during the tallness of the COVID pandemic arsenic an exigency alleviation fund. The polygon co-founder said the non-profit enactment is present upgrading into a semipermanent strategical money for healthcare donations successful India. Buterin besides confirmed this alteration of attack successful his Twitter post, noting that dealing with Covid and aboriginal pandemics needs to instrumentality an integrated planetary approach.
“Work successful India continues to beryllium a cardinal portion of the solution, but we besides request an integrated planetary approach,” the co-founder said.
The wealth volition spell to money probe projects related to cutting-edge technological discoveries & inventions successful India and different processing nations. Overall, it’s a triumph for science, a triumph for planetary health, and a triumph for humanity.
Past Donations Of Vitalik Buterin To COVID Relief
Vitalik Buterin has a past of donating to important causes similar COVID-19 relief, with him donating cryptocurrencies worthy $1.5 cardinal to respective non-profit organizations successful 2021. During this period, Buterin donated implicit $1 cardinal worthy of Shiba Inu coin to assistance India’s combat against the coronavirus.
Buterin made the donation by offloading 50 trillion SHIB tokens worthy $1.2 billion, which helium was talented by the creators of the Shiba Inu coin. With India being 1 of the astir severely affected countries during the pandemic, the money helped supply aesculapian instrumentality and supplies arsenic the state battled a deadly 2nd question of COVID-19 infections.
Outside of the pandemic, Buterin has donated millions of dollars successful crypto to assorted charities and causes. Last year, helium softly donated $5 cardinal to Ukraine alleviation efforts pursuing the Russian invasion.
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