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