Crypto relief campaign raises over $3m for India’s second COVID wave

In the midst of India’s COVID crisis, co-founder of Indian blockchain network Polygon, Sandeep Nailwal announced the launch of a COVID relief campaign to assist the embattled nation in managing its devastating second wave.

Can’t take this sitting down anymore, I am going to run a Covid relief campaign in lieu of what’s going on in India.

Need help from the Global crypto community.

I will take full responsibility for transparency, funds usage and regulatory compliance

If you want to donate.. 1/n

— Sandeep – Polygon(prev Matic Network) (@sandeepnailwal) April 24, 2021

As of the end last week, his campaign had raised over $3 million in crypto. A $600,000 gift from Ethereum co-founder Vitalik Buterin, as well as other significant donations from crypto venture capitalist Balaji Srinivasan and Hubspot founder Dharmesh Shah certainly helped bolster Nailwal’s commendable achievement.

Here’s the @gnosisSafe Multisig address to donate in ETH/ERC20 to this address.

0x68A99f89E475a078645f4BAC491360aFe255Dff1

“If you want”, Plz fill this form so we can reach you for more help and specially if needed for regulatory filings.https://t.co/ZzDrBZYC7p

2/n

— Sandeep – Polygon(prev Matic Network) (@sandeepnailwal) April 24, 2021

The donations will be converted into US dollars and distributed to charities to spend on oxygen, food and medical equipment. Inspired by the campaign, India’s largest crypto exchange WazirX announced it would also donate $1.1 million and plans to invite customers to donate through its site.

This isn’t the first time the global crypto community has united in the face of a struggle and we’re sure it won’t be the last. We love to see it!