Ethereum's Vitalik Buterin and Polygon's Sandeep Nailwal donated $100 million for COVID-19 research.
Ethereum's co-founder, Vitalik Buterin, and Polygon's co-founder, Sandeep Nailwal, have committed $100 million to support research and relief efforts related to COVID-19 in India. The emergence and spread of COVID-19 variants, along with the increasing number of people experiencing long-term symptoms, make research efforts crucial.
Ethereum's Vitalik Buterin and Polygon's Sandeep Nailwal donated $100 million for COVID-19 research. How The Donation Will Be Used To Support COVID-19 Research
Ethereum co-founder Vitalik Buterin and Polygon co-founder Sandeep Nailwal have made some of the largest philanthropic contributions in cryptocurrency history. Buterin announced on Twitter that the funds will be donated to Crypto Relief, a non-profit organization that supports researchers working on solutions to combat the long-term effects of COVID-19. The project was set up by Nailwal during the height of the pandemic as an emergency relief fund, but has since evolved into a long-term strategic fund for healthcare donations in India and other developing nations. The donations will go towards funding research projects related to cutting-edge scientific discoveries and inventions. Buterin emphasized the need for an integrated global approach to tackle COVID-19 and future pandemics. This contribution is a significant win for science, global health, and humanity. Ethereum's Vitalik Buterin and Polygon's Sandeep Nailwal donated $100 million for COVID-19 research.
Past Donations Of Vitalik Buterin To COVID Relief
Vitalik Buterin has a track record of donating significant amounts to charitable causes, including COVID-19 relief efforts. In 2021, he donated cryptocurrencies worth $1.5 billion to various non-profit organizations. Notably, he donated over $1 billion worth of Shiba Inu coin to support India's fight against the coronavirus. The donation involved offloading 50 trillion SHIB tokens worth $1.2 billion, which he received as a gift from the creators of the Shiba Inu coin. This donation helped provide medical equipment and supplies to India during the deadly second wave of COVID-19 infections. In addition to pandemic relief efforts, Buterin has also donated millions of dollars in crypto to other charities and causes. Last year, he quietly donated $5 million to support Ukraine relief efforts following the Russian invasion.
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