- OnlyFans, a well-liked video subscription project, stated that it has made a contribution of 500 ETH, equalling around $1.3 Million to UkraineDAO.
- UkraineDAO remains a leading contributor to Ukrainian authorities in recent weeks, bagging more than $50 Million in cryptocurrency donations.
- The Decentralized Autonomous Organization was created by Russian artwork collective Pussy Riot and NFT studios Trippy Labs.
Another Helping hand For Ukraine – OnlyFans
OnlyFans, a famous video subscription platform, has stated that it offered help of 500 ETH, which is around 1.3 Million in USD, to UkraineDAO, a decentralized autonomous organization backing Ukraine to gather funds to stand against Russian invasion on their lands.
An OnlyFans representative stated to a news agency that this donation is an element of organization’s bigger charitable attempt to assist Ukraine, led by the platform’s Leonid Radvinsky, Ukrainian-American owner of platform.
The organization states that it handed over $5 Million to several humanitarian efforts to assist the nation, while the company is also preparing to send $1 Million planned on 15 March.
OnlyFans CEO, Ami Gan stated that the anarchist approach taken by Russian invaders had created a lot of chaos in the country where folks are getting affected negatively involving creator community members.
Given their robust links to Ukraine, organization desired to assist the nation in a way that felt right to who they are at OnlyFans and which concentrated on giving hands to the people of Ukraine.
UkraineDao remains a top-notch contributor to Ukraine’s authorities in recent weeks, which has bagged more than $50 Million in digital asset donations since posting a tweet containing BTC and ETH addresses the previous month.
The Decentralized Autonomous Organization was created by Russian artwork collective as well as Trippy Labs, an NFT studio, with its biggest donation remaining $6.5 Million through a crowdfunded NFT sale on 2nd March, including donation for 500 ETH from OnlyFans.
At that moment, OnlyFans made a donation worth 500 ETH, the decentralized autonomous organization was stalled at around half of 1,000 Ethereum reserve sum, a representative stated. OnlyFans’ charitable act has pushed this sum to its peak, and from that point, more donations commenced to pile up.
More Donations On The Way?
Since Russian invaders have entered Ukrainian land, the whole nation is suffering, and many have come forward to give hands to the nation so it can stand against their invaders.
Recently, Bored Ape Yacht Club, a top name in the NFT sector, made a donation of $1 Million worth of ETH.
Up to now, Ukraine has bagged over $100 Million in donations in cryptocurrencies and is utilizing them to acquire gears to face their anarchist invaders.
These are challenging times for Ukraine there’s no denying it, but helping hands are constantly coming into light to assist the nation.
Polkadot Co-Founder Gavin Woods also pledged to donate over $5 Million to Ukraine and has kept his promise by offering 298,367 DOT tokens to the Polkadot address opened to receive donations for war.
War is still ongoing, and we are not certain when this crisis will come to an end in Ukraine, but the whole world is supporting and offering hands to the country, which has kept hope alive.
Source: https://www.thecoinrepublic.com/2022/03/11/onlyfans-gives-hands-to-ukraine-donates-500-eth-to-ukrainedao/