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Ethereum Founders Donate Relief Fund For COVID-19 In India
Ethereum Founders Donate Relief Fund For COVID-19 In India

Ethereum Founders Donate Relief Fund For COVID-19 In India

Published Updated

Key takeaways

  • Vitalik Buterin, co-founder of Ethereum, donated over $600,000 to a COVID-19 relief fund in India.
  • The campaign was initiated by Sandeep Nailwal on Twitter, appealing for support from the global crypto community.
  • Balaji Srinivasan, a crypto pioneer, joined Buterin in contributing to the campaign and highlighted the importance of fund tracking.
  • Srinivasan encouraged others to contribute, showcasing the collaborative spirit of the cryptocurrency community in addressing global issues.
5 min

Recently, Vitalik Buterin, co-founder of Ethereum donated more than $600,000 into a fund set up to fight COVID-19 in India. All this started in the micro-blogging platform when Sandeep Nailwal, co-founder of Ethereum scaling platform called Polygon tweeted to run a COVID relief campaign in lieu of what’s going on in India and asked for help from the global crypto community.

https://twitter.com/sandeepnailwal/status/1385968552679727113

Replying to this tweet, Balaji Srinivasan, a crypto pioneer and technology investor replied that he along with cryptocurrency Ethereum co-founder, Vitalik Buterin would join him to fight COVID in India.

https://twitter.com/balajis/status/1386288771872673793

Srinivasan also tweeted, “Vitalik has donated to the campaign organized by @sandeepnailwal

 of Polygon on behalf of the global crypto community.” “Sandeep is a reputable person and has excellent accountants pitching in to make sure disbursal of funds is tracked,” he added.

https://twitter.com/balajis/status/1386290316395745284

On his Twitter account, Srinivasan tweeted that he transferred his first $50K in Ethereum Transaction Hash (ETH) for relief and called on others to make contributions as well.

https://twitter.com/balajis/status/1386300695653937155

Replying to the tweet of Nailwal, Buterin shared proof of transfer of 100 ETH and 100 MKR, which is worth more than $600,000. 

https://twitter.com/VitalikButerin/status/1386024429629558784

In response to the fund transfer by Buterin, Srinivasan then tweeted that for those who are not able to donate, for every retweet he will contribute another $50 to fight COVID in India, up to $100K.

https://twitter.com/balajis/status/1386288771872673793
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