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Cryptoknowmics 2022-03-11 09:51:33

OnlyFans Has Donated $1.29M to a Ukrainian DAO

OnlyFans, the adult content subscription service has donated 500 Ethereum (ETH) worth $1.29 million at the time to UkraineDAO, a decentralized autonomous organization raising funds to support Ukraine’s war against Russia. The donation comes as a larger part of its charitable effort to support Ukraine, led by the company’s Ukrainian-American owner Leonid Radvinsky. In addition, the company has also revealed on donating over $5 million to various humanitarian efforts supporting Ukraine, with an additional $1 million donation planned for March 15. Commenting in a statement, Ami Gan, CEO of OnlyFans, said: “These tragic events have had a terrible impact on individuals including members of our creator community. Given our strong personal ties to Ukraine, we wanted to support in a way which felt true to who we are at OnlyFans and which focused on getting aid and support to the Ukrainian people.” JUST IN: OnlyFans has donated 500 #Ethereum ($1.29M USD) to a Ukrainian DAO. — Watcher.Guru (@WatcherGuru) March 11, 2022 UkraineDAO Donations Crosses $50M Since tweeting out its ETH and BTC addresses in February, UkraineDAO has collected over $50 million in crypto donations. The DAO was formed by Russian art collective Pussy Riot and non-fungible token (NFT) studio Trippy Labs, with the highest single donation coming from a $6.5 million crowdfunded NFT sale on March 2 where OnlyFans’ contributed 500 ETH. According to a spokesman, the DAO wa...

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