{"id":79964,"date":"2023-06-09T10:17:57","date_gmt":"2023-06-09T07:17:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=79964"},"modified":"2025-09-11T14:02:25","modified_gmt":"2025-09-11T11:02:25","slug":"vitalik-buterin-to-donate-to-covid-19-research-fund","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vitalik-buterin-to-donate-to-covid-19-research-fund\/","title":{"rendered":"Vitalik Buterin to donate to COVID-19 research fund"},"content":{"rendered":"<p>Ethereum co-founder Vitalik Buterin and head of <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-polygon-matic\">Polygon<\/a> Sandeep Naival promised to allocate $100 million for COVID-19 research.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Last year <a href=\"https:\/\/twitter.com\/CryptoRelief_?ref_src=twsrc%5Etfw\">@CryptoRelief_<\/a> led by <a href=\"https:\/\/twitter.com\/sandeepnailwal?ref_src=twsrc%5Etfw\">@sandeepnailwal<\/a> allocated $100m to Covid research projects I wanted to fund<\/p>\n<p>Sandeep and I discussed and jointly concluded these and other projects are high-impact and need follow through grants. Hence we decided to put $100m more to these projects<\/p>\n<p>\u2014 vitalik.eth (@VitalikButerin) <a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1666860069273710606?ref_src=twsrc%5Etfw\">June 8, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Last year CryptoRelief, led by Sandeep Naival, allocated $100 million to COVID research projects I wanted to fund. Sandeep and I discussed and agreed that these and other initiatives are highly effective and in need of grants,&#8221; Buterin said.<\/p>\n<\/blockquote>\n<p>The developer added that the COVID-19 pandemic and other diseases require &#8220;a global solution that combines cutting-edge scientific innovations and practical applications worldwide.&#8221;<\/p>\n<p>According to Buterin, $10 million of the new funding will come from him personally.<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">9 June 2023 | 16:03<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Crypto Relief transferred $90 million into USDC to a multisig wallet controlled by Vitalik Buterin&#8217;s team.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">gm<\/p>\n<p>Crypto Relief India was the COVID fund that received $1.5B in SHIB from Vitalik Buterin.<\/p>\n<p>In 2021, they raised over $460M from selling off the SHIB to Wintermute.<\/p>\n<p>Last night, they sent $90M to a Multisig owned by Vitalik\u2019s team to fund medical research. <a href=\"https:\/\/t.co\/NT8UbcR8Zy\">https:\/\/t.co\/NT8UbcR8Zy<\/a> <a href=\"https:\/\/t.co\/CNn17xgbFh\">pic.twitter.com\/CNn17xgbFh<\/a><\/p>\n<p>\u2014 Arkham (@ArkhamIntel) <a href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1667118636618612737?ref_src=twsrc%5Etfw\">June 9, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<\/div>\n<p>Naival founded Covid Relief in April 2021. According to the organization&#8217;s website, with Buterin they raised more than $58 million in grants to fight the pandemic. Now the fund has more than $20 million in the bank.<\/p>\n<p>In April 2021, Vitalik Buterin <a href=\"https:\/\/u1f987.com\/en\/news\/vitalik-buterin-donates-over-600000-to-covid-19-relief-fund\">donated<\/a> 100 ETH and 100 MKR totaling over $600,000 to fight the coronavirus pandemic. <\/p>\n<p>Earlier, Shiba Inu developers sent to the Ethereum co-founder&#8217;s wallet <a href=\"https:\/\/u1f987.com\/en\/news\/vitalik-buterin-emerges-as-the-largest-holder-of-shiba-inu\">half of the token supply<\/a>, making him the largest holder of the meme cryptocurrency. <\/p>\n<p>Later, Buterin <a href=\"https:\/\/u1f987.com\/en\/news\/vitalik-buterin-burns-90-of-his-shiba-inu-tokens\">burned 410 trillion SHIB or 90% of his holdings<\/a>, and pledged to direct 10% (70 trillion SHIB) to charity. In the same month he transferred over 50 trillion SHIB (over $1 billion at the time) to the COVID-19 relief fund in India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum co-founder Vitalik Buterin and Polygon head Sandeep Naival promised to allocate $100 million for COVID-19 research.<\/p>\n","protected":false},"author":1,"featured_media":79965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[306,200],"class_list":["post-79964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-charity","tag-vitalik-buterin"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=79964"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79964\/revisions"}],"predecessor-version":[{"id":79966,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79964\/revisions\/79966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/79965"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=79964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=79964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=79964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}