Crowdfunding
What the Russia-Ukraine conflict has revealed about crypto
The Russia-Ukraine conflict has tested the capabilities of crypto in a real-world conflict where sanctions and inventive blockchain crowdfunding models abound. The war, which is drawing into its ninth month, has uncovered a raft of blockchain benefits, such as the capacity to support humanitarian endeavors. It has also revealed how much control national authorities can exert over crypto networks. Vadym Synegin, co-founder at IT and crypto solutions provider Tecor, told Cointelegraph that cryptocurrencies have a unique advantage in situations where there is an increased risk of money transfer interruptions due to the centralization of conventional systems. “With most markets controlled by centralized authority figures that can easily buckle under the political tensions, the crypto markets r...
Crypto is going mainstream: Here’s how the future founders will build on it
Crypto has long been criticized for its lack of inherent value. However, the shift toward contactless transactions amid the pandemic has emphasized the value of digital currencies and blockchain technology in the modern world. For this reason, merchants have been slow to adopt cryptocurrencies as a form of payment. As it gains widespread usage, however, we can expect to see more businesses accepting crypto in the future. The global pandemic has changed the way a lot of us do business. The shift away from cash and face-to-face transactions toward digital cashless ones has introduced many people to the convenience of paying digitally. So, it’s no surprise that crypto is starting to gain traction as a viable payment option — one that will only continue to evolve. While sti...
Ukraine accepts DOT, founder Gavin Wood donates $5.8 million
Calls from the crypto community for Ukraine to accept other cryptocurrencies have been answered. The official Ukraine Twitter account shared that it will now accept donations from Polkadot (DOT), while other cryptocurrencies will soon be added. The people of Ukraine are grateful for the support and donations from the global crypto community as we protect our freedom. We are now accepting Polkadot donations too: $DOT: 1x8aa2N2Ar9SQweJv9vsuZn3WYDHu7gMQu1RePjZuBe33Hv.More cryptocurrencies to be accepted soon. — Ukraine / Україна (@Ukraine) March 1, 2022 Gavin Wood, the co-founder of Polkadot had previously shared that if the Ukraine wallets were to add DOT, he would personally contribute $5 million. He made true on his promise, donating 298,367.2269896686 DOT, which is roughly...
Ukraine accepts Bitcoin, Ethereum, USDT donations to fund ongoing war
Within the first week of the Russia-Ukraine war, the Ukrainian government has reached out to the crypto community on Twitter for raising funds to support its civilians and troops. Ukraine has now started accepting Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) as donations. As Russia threatens to take over Ukraine’s capital city of Kyiv, the government of Ukraine sought help from numerous international organizations to overpower the imminent threat. However, considering time is of the essence, the official Twitter account of Ukraine extended its call for help to Crypto Twitter. Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT. BTC – 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P ETH and USDT (ERC-20) – 0x165CD37b4C644C2921454429E7F9358d1...
ConstitutionDAO, a ‘crypto red alert’ and other cases of crypto-powered social action in 2021
From the very beginning of the cryptocurrency movement, the societal potential of Bitcoin (BTC) has been one of the fundamental selling points. The decentralized design of crypto-based systems introduces the possibility of bringing individuals together to work toward shared goals, as well as enabling them to pool resources while remaining insulated from outside control. 2021 saw a number of cases that could serve as evidence of this emancipatory power of digital assets. ConstitutionDAO: $49 million raised in a few days Arguably, the most high-profile case of a massive fundraising effort enabled by a decentralized autonomous organization in 2021 was ConstitutionDAO. The group was formed in November with the sole objective of purchasing an original copy of the United States Constitution, whi...
Bayelsa councillor rejects fundraising after building bridge with funds meant for official car
A Bayelsa State councillor, Onem Miracle Tyna, has rejected offers of a GoFundMe or any other fundraising campaign planned on her behalf by members of the public. Of recent, it came to public notice that the 31-year-old female councillor in the Ogbia Local Government Area of Bayelsa State had used money meant for the purchase of her official car to underwrite the construction of a concrete motorable bridge which links over four communities in her ward. She had done this despite the discouragement from people who warned her of the monetary expense of such an undertaking. Photos of the bridge, before and after construction, had gone viral and members of the public hailed Tyna for her selfless service. The public commendation also reportedly drew the attention of Bayelsa State Governor, Duoye...
Corpse Paint Facial Masks Are the Latest Thing for Skincare
Want to look evil and take care of your skin at the same time? Soon you can, thanks to a new line of corpse paint skincare masks inspired by your favorite black-metal bands. Yes, corpse paint facial masks are now a thing — or soon will be once Kaamos Cosmetics reaches their crowdfunding goal. The brains behind the cosmetics brand are the same people who brought us the highly popular corpse paint bar soaps that bore the likenesses of such icons as King Diamond, Abbath and Dani Filth. There are currently two types of facial masks — a green tea mask and a rice bran mask — each with a distinct corpse paint style designed by Finnish illustrator JP Ahonen. Cleverly, Kaamos Cosmetics is calling it “total sincare”: “Vegan and cruelty-free ingredients, extra cruel looks! For the self-caring metalhe...
