Vitalik Buterin donates another $ 100 million to finance Covid aid projects

Vitalik Buterin donates another $ 100 million to finance Covid aid projects

In a rare good news this week, Ethereum co-founder Vitalik Berin announced that he and Sandeep Nailwal from Polygon have promised another $ 100 million for Covid aid.

On June 9, Betterin said that he and Sandeep had “discussed these and other projects and came to the conclusion that they have great effects and need fuses.”

"That's why we decided to put another $ 100 million in these projects."

Last year the two donated a similar amount to the Crypto Relief Project operated by the community.

last year led by @Sandepnailwal I provided 100 million US dollar for covid research project wanted to finance

Sandeep and I discussed these and other projects and came to the conclusion that they have great effects and have to be promoted by grants. Therefore, we decided to put $ 100 million into these projects

- vitalik.eth (@vitalikbuterin) 8. June 2023

Vitalik supports Covid concerns

He said that Crypto Relief paid $ 90 million from his original Shi donation and that he added a further $ 10 million from his own resources. Vitalik donated 50 trillion shib tokens in May 2022.

Crypto Relief is a project launched by Buterin and Nailwal for the long -term strategic financing of health donations in India.

but gave that Covid was still a global problem in addition to future pandemics. "Working in India remains an important part of the solution," he said, adding that we also need an integrated global approach.

In order to achieve solutions to public health, but the butterin has undertaken to "insist on the maximum realizable open source solutions for everything we finance".

crypto use for donations

he added that another focus was on "solutions that are not based on radical changes in behavior, but on medical and infrastructural work". They can take place behind the scenes, but they also have to be transparent and open to public control, he added.

crypto is used for donations for a variety of purposes and projects. These range from auxiliary measures in the Ukraine broken up by the war to Turkish earthquake emergency donations to support Canadian truckers.

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