Vitalik Buterin donated INR 4.5 Cr to India for Covid-19 relief.. Indeed a great support

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Cryptocurrency is not just about earning money and bringing more money into the hands of people who are already rich instead it's way more than what people think who are not part of this space. today I'm going to share a fantastic thing that has happened in the crypto space and it's not related to any other project and also not something that can bring you an opportunity to invest and earn some money.

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India has been going through the severe spread of covid pandemic these days and this is called the 2nd wave of COVID-19. in the first wave of covid India was able to fight it and there was quite a good control on the spread after few weeks that country my nest in a nice way. but the 2nd way seems to be quite aggressive and it's affecting the country badly which is why the medical services are not able to accommodate this certain spike of new covid cases.

Many of the countries are coming forward to support India in this situation which I believe should be in better shape after some time but for sure this is the time when the country needs more support.

Crypto space has also joined the initiative to support India and doing its bit to support the country in this tough time. Ethereum co-founder Vitalik Buterin has donated 100 ETH and 100 MKR that values around INR 4.5 crore and it's quite a big amount.

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Ethereum co-founder Vitalik Buterin posted a proof of transfer of 100 ETH and 100 MKR, worth approximately $606,110 (roughly Rs. 4.5 crores), for use in COVID-19 relief in India. Ethereum, the open-source blockchain software founded in 2014, is used to build contracts on the blockchain, and has recently been in the news a lot because of its use in the making and transferring of non-fungible tokens (NFTs)

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Sandeep who is the founder of the Matic network has started this initiative and many big people are joining it and sharing the help through donation.

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In this need of time who were comes forward and extend their support to the country will be appreciable and India will never forget it because this is the time when anything in form of support means a lot. I also think that this is going to create a positive sentiment for the crypto because the Indian government is not clear with their stand about cryptocurrencies but now after this incident, they will have to think about cryptocurrency is once again and probably things will go a positive way because this will make them realize the value of crypto.


Thank you so much



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5 comments
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Wow this is really good for india and yes it will make them consider crypto in a different light

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A very good initiative, which shows that ordinary citizens and investors of the crypto world, do much more than governments.

Hopefully many more entrepreneurs worldwide are part of these initiatives.

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