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Polkadot’s Gavin Wood Donates $5 Million in DOT to Ukraine

Polkadot’s Gavin Wood Donates $5 Million in DOT to Ukraine

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  • Polkadot founder Gavin Wood has followed by with a promise to donate $5 million to Ukraine
  • The Ukraine Twitter page listed a DOT donation deal with and Wood handed over with regards to 300,000 tokens
  • This takes the entire raised to over $51 million, nonetheless no longer all retail outlets are reporting this

Polkadot founder Gavin Wood has made correct on a promise to assemble a substantial donation to Ukraine’s fight in opposition to Russia, giving $5 million in DOT after the notify printed a Polkadot deal with. Wood’s donation adds to the tens of millions already donated to Ukraine’s fight, which has change into the de facto near by which smartly wishers contain supported the nation’s trigger. Regardless of this, some highly ranked politicians and mainstream media retail outlets are restful specializing within the delusion that Russia can exhaust crypto to withhold faraway from sanctions.

Wood Makes Merely on Ukraine Donation Promise

Wood tweeted on Sunday that he would donate $5 million in DOT if the official Ukraine Twitter memoir added a Polkadot deal with, a marketing approach that drew ire from the neighborhood:

Whenever you happen to supreme convert and send funds without shilling DOT maybe you’ll procure extra respect.

— Heisenberg ⚛️ (@ShutenDoji20) February 27, 2022

Ukraine naturally acquiesced and the day outdated to this posted a DOT donation deal with, with Wood following up on his promise and turning in 298,367 DOT tokens the day outdated to this afternoon. The Ukraine Twitter feed responded with as a consequence of Wood’s donation, adding that extra cryptocurrencies were coming soon:

The individuals of Ukraine scuffling with for our freedom are forever grateful to Gavin Wood @gavofyork for the generous donation of $5M of @Polkadot $DOT as promised publicly. Thanks from all of us here in Ukraine working for a aloof future 🇺🇦

— Ukraine / Україна (@Ukraine) March 1, 2022

Wood’s donation has been augmented by a extra 26,250 DOT from other donors, charge one other half of a million bucks on high. This takes the entire to this level raised in cryptocurrency for Ukraine to over $51 million, a staggering sum that exhibits how the cryptocurrency neighborhood can rally for a correct trigger.

Point of interest For Some is Silent on Russian Sanctions

Unfortunately, sure mainstream media retail outlets and even politicians in excessive set aside of job contain chosen to focus on the delusion that Russia is the exhaust of cryptocurrency to evade sanctions as an various of the precious sums of money which contain been raised, echoing agendas that were notify years within the past and that are clearly very appealing to destroy.

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