Crypto News: Ethereum Co-Founder Vitalik Buterin Donates Rs. 4.5 Cr For COVID-19 Relief in India

Trump's Crypto Portfolio Revealed: Ethereum, Not Bitcoin

Ethereum is a very well-known blockchain, and Ether is presently the second-largest cryptocurrency. Programmer Vitalik Buterin has a lot to do with the success of the company. With success comes money, and people with good hearts are always donating money for a cause.

According to NDTV, Vitalik Buterin has recently donated a considerable amount to our country, India.

Amount donated

Indian entrepreneur Sandeep Nailwal is running a relief fund, considering the growing number of cases each day. The co-founder of Ethereum, Vitalik Buterin, has donated about Rs 4.5 crores (100 ETH and 100 MKR) to this very fund. He made a post as proof just after the transaction.

The Indian entrepreneur had posted about the relief on the 24th of April. The tweet also provides complete information about the fund and promises to use it well to handle the present scenario. There is a debate regarding the use of the currency, considering that many places still do not accept cryptocurrencies. There still are others who do. Thus, we should focus on positivity rather than negativity and stand by each other to defeat the pandemic.

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Plan to use the fund

According to Nailwal, the fund received would help the needy access oxygen, food, and vaccines. The aim is to stand by those who are unable to deal with the deadliness of the pandemic. The foundation would spend the amount in saving lives that can be saved just by the mere accessibility of a few commodities.

Not just the fund started by Nailwal, but other organizations have also received funds from Ethereum. One such organization is the StaTwig which focuses on providing daily news regarding vaccines. If you are searching for help to trace vaccines or detect an expired vaccine, this is the very startup that can help you. Also, if you are looking to donate funds or need the same, visit the Nailwal tweet. Until the pandemic is gone, let us stay by each other and help each other.

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About Camelia Bhattacharyya 218 Articles
Camelia is an intern for PanAsiaBiz studying at the Amity University, Kolkata [B. Tech (biotechnology)]. She is fond of writing on Science, Health, and Biotechnology topics.