Shibarmy News
$100,000,000 Out Of Crypto Relief’s SHIB Funds Being Used by Vitalik Buterin to “Accelerate Covid Relief Efforts”
This weekend the co-founder of Ethereum, Vitalik Buterin, stated in his Twitter post that The Crytpo Relief Fund would be sending $100 million in cryptocurrency from the “Shiba funds” to him. For those of you that do not know one Billion Dollars was sent in SHIBA INU TOKENS to help combat Covid in India.
The CO-Founder of Polygon, Sandeep Nailwal, founded the Covid Crypto Relief Fund (Cryptorelief) in April of 2021. He told the press that Vitalik and he have been in talks “on how to accelerate relief efforts in India”. According to his statements, they have come up with a solution. They are moving 100 Million Dollars in USDC back to Buterin in order to have a faster deployment of the funds to high-risk/reward projects.
I've cofounded a new org (Balvi) to direct these funds, which is in a better position to make these bets which will are very-high-value and global in nature and bring great benefit to Indians and non-Indians. You can follow funds at this address:https://t.co/mvmSSGPLmI
— vitalik.eth (@VitalikButerin) January 28, 2022
Buterin later tweeted: “Projects will include vaccine R&D, innovative approaches to air filtration and ventilation, testing and much more. More info coming soon!”.
We will update this Story once more information is shared.
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