Crypto relief campaign raises over $3m for India’s second COVID wave

Team Luno
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In the midst of India’s COVID crisis, co-founder of Indian blockchain network Polygon, Sandeep Nailwal announced the launch of a COVID relief campaign to assist the embattled nation in managing its devastating second wave.

 

 

As of the end last week, his campaign had raised over $3 million in crypto. A $600,000 gift from Ethereum co-founder Vitalik Buterin, as well as other significant donations from crypto venture capitalist Balaji Srinivasan and Hubspot founder Dharmesh Shah certainly helped bolster Nailwal’s commendable achievement.

 

 

The donations will be converted into US dollars and distributed to charities to spend on oxygen, food and medical equipment. Inspired by the campaign, India’s largest crypto exchange WazirX announced it would also donate $1.1 million and plans to invite customers to donate through its site.

 

This isn’t the first time the global crypto community has united in the face of a struggle and we’re sure it won’t be the last. We love to see it!

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Team Luno

On our way to the moon, we write about all things crypto. And don’t forget we’re humans too. Our blog conveys the views of Luno and the many unique opinions and characters within our team. We’ll never provide you with financial advice, and we urge you to conduct your own research before purchasing or trading any cryptocurrencies. It’s a brave new world out there, and the market can be volatile at times, so never trade with funds you can’t afford to lose. Want to let us know how much you love our blog? Tweet us @LunoGlobal.

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