How the War in Ukraine Unveiled the True Potential of Crypto

Written by viceasytiger | Published 2022/10/11
Tech Story Tags: cryptocurrency | crypto-adoption | russia-ukraine-war | crypto-donations | accepting-crypto-donations | decentralized-internet | tech-stands-with-ukraine | defi | web-monetization

TLDRRussia's unprovoked full-scale aggression against Ukraine clearly demonstrated the true value and potential of the cryptocurrency. The war "set a new trend" that came to the crypto world from the world of philanthropy – a crypto fund. It became a highly effective financial mechanism for international organizations raising funds in support of Ukraine. During the first three months of the war, the Ministry of Digital Transformation, volunteers, and private initiatives raised a record $125 million in cryptocurrency donations for Ukraine. The Everstake platform collected a crypto equivalent of $10 million for the needs of the Ukrainian Army.via the TL;DR App

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Written by viceasytiger | Storyteller & interviewer covering AI, web3, marketing, and Ukraine.
Published by HackerNoon on 2022/10/11