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Home » Polkadot founder Gavin Wood donates $5.8 million to Ukraine. In DOT, of course
Ukraine

Polkadot founder Gavin Wood donates $5.8 million to Ukraine. In DOT, of course

Oleksiy BondaryevBy Oleksiy Bondaryev08.03.2022
Pixabay

Gavin Wood, one of co-founders of Polkadot ecosystem donates a huge amount of DOT to support Ukraine which is being invaded by Russia.

As the Russian war against Ukraine rages on, more and more people are willing to donate cryptocurrencies to Ukrainians. The official Ukraine crypto wallets are now accepting donations from the Polkadot (DOT) ecosystem. And its co-founder Gavin Wood has shown how it is done properly. He donated a whopping $5.8 million (or 298,367 DOT).

Gavin Wood, the co-founder of Polkadot had previously said that if the Ukraine official wallets were to add DOT, he would personally contribute $5 million.

And his words were heard.

The official Ukraine Twitter account shared that it will now accept donations from Polkadot (DOT), while other cryptocurrencies will soon be added.

Wood actually made true on his promise, donating 298,367.2269896686 DOT, which is roughly $5.7 million, to Ukrainian official wallet, as Cointelegraph informs.

As of now, total crypto donations for Ukrainian charities, the military and the government have been over $37 million. That makes the Polkadot founder one of the biggest supporters of Ukraine as Wood’s single donation comprises over 10% of the total crypto donations up till now.

By air, land, and sea, Russia has launched a devastating attack on Ukraine, a European democracy of 44 million people. Its forces are bombing city centres and closing in on the capital, Kyiv, prompting a mass exodus of refugees. More than 1.7 million people have already left their homes.

Russia’s stated aim is that Ukraine be freed from oppression and “cleansed of the Nazis”. This is a clearly false narrative of a Ukraine run by fascists since 2014, but Vladimir Putin is still using it as a reason to bomb peaceful Ukrainian cities.

 

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Oleksiy Bondaryev
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Editor-in-chief of cryptolife.report. Oleksiy is a Ukrainian journalist who has been writing about science and technology for over 20 years. He has no doubt that Bitcoin will change the world, and decentralized finance will save humanity from tyranny. Well, he himself is determined to meet old age in some quiet corner of the Metaverse.


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