Crypto funds for relief, NFTs to raise money for O2 cylinders: How the crypto ecosystem is pitching in to address the pandemic

By Aditya Madanapalle | Published 12 May 2021 09:00 IST
HIGHLIGHTS
  • The crypto industry is coming together to enable transparent donations towards COVID-19 relief with regulatory compliance.

  • Instead of donating dogecoin, you can pick up some NFTs from local artists to support COVID-19 relief

Crypto funds for relief, NFTs to raise money for O2 cylinders: How the crypto ecosystem is pitching in to address the pandemic
Crypto funds for relief, NFTs to raise money for O2 cylinders: How the crypto ecosystem is pitching in to address the pandemic

Crypto funds for relief, NFTs to raise money for O2 cylinders: How the crypto ecosystem is pitching in to address the pandemic

Tl;DR: To donate cryptocurrencies for COVID-19 relief, fill out this form here. To pick up NFT artwork that contributes to the relief (to the same initiative linked above), follow this account. 

On 25 April, the co-founder of Polygon (Matic) set out to create a crypto fund for India to address the shortcomings in the healthcare ecosystem, ensuring regulatory compliance and transparency through the process. Since then, the movement has focused around the @CryptoRelief_ Twitter handle, allowing anyone to donate cryptocurrencies towards COVID-19 relief. If you want to contribute, you can do so by filling out this form. The fund is transparent in all its dealings, just like any good crypto services company. More information about the start of the campaign can be found at WazirX’s blog

Meanwhile crypto artists such as Siraj, Harshit Agrawal and Amrit Pal Singh are creating NFT artworks that are being sold on marketplaces such as Superrare and Openseas, themed specifically around the second wave in India. The cover art that we used for this article was made by Siraj, and this piece can still be bid for! The NFTs that are not picked up for the relief are burned. The NFTs that are not picked up for the relief are burned. You can spot NFTs from local Indian artists, the proceeds from which will go towards COVID-19 relief, on the Crypto Art India Collective twitter handle. A particular group of artists have also banded together under the Warriors of Hope group to create NFT art to raise funds for the relief, around the theme of “life and unity”. 

Read the May 2021 issue of Digit magazine to learn more about the NFT art scene in India, and players from the crypto services industry launching local NFT marketplaces. 

iFFALCON 40F2A 40-inch Full HD LED TV Key Specs, Price and Launch Date

Price:
Release Date: 11 May 2021
Variant: None
Market Status: Launched

Key Specs

  • Screen Size (inch) Screen Size (inch)
    40
  • Display Type Display Type
    LED
  • Smart Tv Smart Tv
    Smart TV
  • Screen Resolution Screen Resolution
    Full HD
Aditya Madanapalle
Aditya Madanapalle

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About Me: Aditya Madanapalle, has studied journalism, multimedia technologies and ancient runes, used to make the covermount DVDs when they were still a thing, but now focuses on the science stories and features. Read More

Tags:
NFT Cryptocurrency ETH BTC WazirX India COVID-19 covid19
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