Vitalik Buterin, co-founder of Ethereum, and Sandeep Nailwal, co-founder of Polygon, have pledged $100 million to help accelerate COVID-19 research and relief efforts in India.
With COVID-19 variants continuing to emerge and spread, and with a very high number of people experiencing long-term symptoms speeding up, research efforts are critical.
How The Donation Will Be Used To Support COVID-19 Research
The donations from Buterin and Nailwal are some of the largest philanthropic contributions ever made in crypto. Buterin made the announcement in a Twitter thread and according to the thread, the fund will be donated to Crypto Relief, with the funds going directly to researchers working on solutions to combat the long-term effects of coronavirus.
Crypto Relief is a project led by set up by Nailwal during the height of the COVID pandemic as an emergency relief fund. The polygon co-founder said the non-profit organization is now upgrading into a long-term strategic fund for healthcare d
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