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Polkadot founder Gavin Wood donates $5.8m value of DOT to Ukraine

Polkadot founder Gavin Wood donates $5.8m value of DOT to Ukraine

Gavin Wood, the founder of the blockchain platform and cryptocurrency Polkadot (DOT), has highest donated $5.8 million value of DOT to Ukraine.

Per a DOT transaction the Polkadot founder highest shared, the total donation is 298,367 DOT tokens.

Given DOT/USD is trading spherical $19.33, Wood’s donation stands at spherical $5.8 million.

Wood had this week promised to donate $5 million to the Ukrainian authorities in the occasion that they posted a Polkadot deal with to boot to to the Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) addresses opened after closing week’s Russian invasion of Ukraine.

Wood pledged $5 million if Ukraine added a DOT deal with

Earlier on Tuesday, 1 March 1, 2022, Ukraine announced that it was as soon as now accepting crypto donations in Polkadot.

In a tweet posted from the official authorities fable, Ukraine authorities thanked the realm neighborhood for the donations obtained up to now. They launched a DOT deal with and notorious that they’d presumably also accept donations in other cryptocurrencies too.

The folks of Ukraine are grateful for the reinforce and donations from the realm crypto neighborhood as we defend our freedom. We are now accepting Polkadot donations too:  $DOT: 1x8aa2N2Ar9SQweJv9vsuZn3WYDHu7gMQu1RePjZuBe33Hv. More cryptocurrencies to be accredited quickly,” the tweet learn.

Gavin Wood made his pledge by activity of a answer to the Ukrainian authorities’s earlier plea for extra donations. While he would maybe have simply donated in BTC, ETH, or USDT, Wood’s question for a DOT deal with seems to not be one of these contaminated circulation finally for the Ukrainian authorities.

The addition of the Polkadot cryptocurrency would maybe presumably birth up the donation basket to extra folks, boosting the wretchedness to enhance the fight in opposition to Russia and to present humanitarian reduction to a rising number of folks.

The DOT deal with has highest over $6 million on the time of writing, nonetheless the quantity would maybe presumably grow snappy as witnessed with BTC and ETH over the last week.

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