Gitcoin Grants Aims to Raise $1M+ in Ethereum Towards Ukraine

Quick take:

• Gitcoin is hosting a fundraising run to payment the humanitarian effort successful Ukraine
• The fundraising run volition tally from the 9th to the 23rd of March
• $700k has been acceptable speech by Gitcoin Grants to lucifer idiosyncratic donations
• According to Slowmist, $84.939 cardinal successful crypto has been donated to Ukraine

Gitcoin, the level known for rewarding coders with cryptocurrencies, is hosting a fundraising run called GR13. The funds thrust is simply a excavation of grants that volition tally from the 9th to the 23rd of this month.

To execute its latest funds drive, Gitcoin has partnered with the pursuing crypto projects:

Ethereum Foundation, GnosisDAO, Polygon, Nouns DAO, Yearn Finance, ENS domains, Momus.ETH, Uniswap, ZK Validator, OxPARC, Vita DAO, OpenSea, DYDX, Chainlink, EPNS Project, Game 7, Stakefish, Radiacal, Anoma Network, Figment, OP Games, Algorand Foundation, Olympus DAI, Rainbow Rolls, Filecoin, Real Mask Network

One of its initiatives is to enactment the humanitarian effort successful Ukraine. Gitcoin and its partners successful the fundraising run person frankincense acceptable speech $700,000 successful assorted Ethereum based integer assets, to lucifer idiosyncratic donations done the platform.

Gitcoin Grants leafage geared towards fundraising humanitarian efforts successful Ukraine

In an interview earlier this week, Gitcoin Co-founder, Scott Moore, explained that the fundraising towards the humanitarian effort was being held successful a antiauthoritarian mode and according to the volition of galore versus that of a few.  He said:

The extremity is essentially…you person a excavation of accidental 20 guarantees. You person a two-week play successful which anyone tin donate to those guarantees. Which is really the play we are successful present up until March 24th.

And the extremity would beryllium to use…basically that awesome to administer the matching excavation from our larger funders…

Gitcoin’s funds thrust comes astatine a clip erstwhile crypto donations towards the humanitarian and war effort successful Ukraine, person been reported to person raised adjacent to $100 million. According to the squad astatine Slowmist, the nonstop fig of crypto donations towards Ukraine is presently astatine $84.939 million.