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Cryptoknowmics 2022-03-02 05:15:46

Polkadot Founder Gavin Wood Donates $5M in DOT Tokens to Ukraine

Gavin Wood, the founder of the Polkadot (DOT) blockchain platform has just donated $5.8 million worth of DOT tokens to Ukraine. Polkadot Founder Donates $5.8M to Ukraine A few days ago, Polkadot founder, Gavin Wood announced that he would be donating $5 million to support the Ukrainian government’s efforts in its war against Russia if they include a $DOT address in addition to Bitcoin (BTC), Ethereum (ETH), Tether (USDT). If you post a DOT address I'll personally contribute $5m. — Gavin Wood (@gavofyork) February 27, 2022 Yesterday, he followed up on his promise and donated $5 million, posting a receipt of the transaction in a tweet. https://t.co/bFyYkKDseL — Gavin Wood (@gavofyork) March 1, 2022 According to the DOT transaction, the Polkadot founder just shared, the total donation amounts to 298,367 DOT tokens. Given DOT/USD currently trading around $19.05, Wood’s donation stands at around $5.8 million. The Polkadot address appears to have collected a slew of smaller donations both before and after Wood’s contribution. The address’s 6th donation, worth 10,000 DOT appears to be the 2nd largest it has received. In total, the Polkadot address now holds 324,580 DOT tokens worth over $6 million. Ukraine Receives Millions in Crypto Donations Ukraine has amassed tens of millions of dollars in crypto donations within a week. In fact, the country’s Bitcoin address has received over 200 BTC worth $8 million while its Ethereum address h...

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