Buterin of Ethereum and Nailwal of Polygon contribute $100 million to COVID-19 research.

Ethereum co-founder Vitalik Buterin and Polygon co-founder Sandeep Nailwal have donated $100 million to COVID-19 research and India's medical infrastructure.

This charitable endeavor seeks to address the long-term effects of the pandemic and strengthen healthcare systems.

Buterin makes a significant contribution to addressing urgent global issues. This time, Buterin has partnered with Sandeep Nailwal, the co-founder of Polygon, to direct $100 million towards COVID-19 research and medical infrastructure development, with an emphasis on combating "long COVID" and improving healthcare systems.

 

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As part of this collaboration, the India-based cryptocurrency fund Crypto Relief will provide Buterin and Nailwal with $90 million in USD Coin(USDC). Buterin will personally donate an additional $10 million to the cause, demonstrating his dedication. The two parties will then collaborate to guarantee the efficient allocation of funds to the designated initiatives.

 

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Crypto Relief, managed by Sandeep Nailwal, is a community-run organization that provides financial aid during the COVID-19 pandemic. In accordance with their mission, the first portion of the funds received from Buterin and Nailwal were allocated to combat the pandemic in India through emergency humanitarian aid.

 

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Buterin's conception of a secure future

 

Buterin highlighted the persistent risks posed by COVID-19 and future pandemics in a recent tweet, highlighting the need for a global solution. Buterin believes that such a solution should incorporate cutting-edge scientific innovation and practical application.

He believes that it is crucial to discover public health solutions that respect people's rights and freedom while remaining accessible to everyone. Buterin seeks to ensure that people remain alive and healthy and lead fulfilling lives that are worthy of being lived.


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