During the conflict in Ukraine, cryptocurrency has emerged as the ideal medium for people around the world to donate to relief efforts. Has crypto become the currency of spreading goodwill in times of tragedy?
Soon after Ukraine’s vice prime minister tweeted the government’s crypto addresses,into the Ukrainian government’s wallets at unprecedented speeds. In fact, Ukraine ranks fourth on the Global Crypto Adoption Index, compiled by data firm Chainalysis, which estimates that roughly $8 billion worth of cryptocurrency enters and exits the country annually.
It's been inspiring seeing our community come together in support of Ukraine - almost $1m in ETH has been donated to by wallets containing a BAYC ecosystem NFT. Today we're matching that with a $1m ETH donation of our own. ♥️
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