Ethereum co-founder Vitalik Buterin said he will add another $10 million to India-focused coronavirus prevention initiative CryptoRelief as part of a new $100 million donation. Tweet Thursday.
CryptoRelief, led by Polygon co-founder Sandeep Nailwal, adds $90 million USDC to donations. All of these funds were generated from the Shiba Inu (SHIB) token sale sent by Buterin in early 2021.
Buterin said the donation will focus on improving indoor air quality to prevent the spread of coronavirus and on research to curb its long-term effects.
The creator of Shiba Inu sent 50% of the token supply to Buterin after its 2020 issuance, creating hype for the project. Buterin burned or permanently destroyed $6 billion worth of tokens (90% of his holdings at the time) in 2021 and donated the remaining tokens worth $1.2 billion at the time.
Coronavirus vaccination and testing continues an ongoing effort in India, according to data. official sources show.
