Ukraine now adds Polkadot address for donations

Anonylz

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The important part is for people to donate, what currency they chose to use is not that important provided it is among recognized top coins with reasonable gas fees ( no shade to eth Wink

) ^{although I read that the gas fee has reduced}). That being said, it is a good option to have several options.

For example, VeChain’s Sunny Lu Promises To donate $8 Million If Ukrainian Government Sets Up VET Wallet Perhaps VET will be next in line, they can't miss out on such huge amount Cool

mdzahed134

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Quote from: cheezcarls on March 01, 2022, 08:54:04 AM

In my opinion, it’s better to have multiple options in case others feel that BTC, ETH and USDT20 are expensive in transaction/gas fees for donations.

I don’t know who is gonna be next? Polygon? BNB? TRX? Hmmm……

For many people’s requested to add BNB and TRX addresses to donate because huge number of users in these network. Whatever i have seen in Ukraine’s official twitter they added TRC-20 address. Now they will get more donation which they expected 100 million, although already donation fund raised 50$ million. I think also they will be add BNB at any time.

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Quote from: Similificator on March 04, 2022, 08:02:34 AM

Indeed, the more options to choose from, the better. For people who want to donate, it is the least that could be done. We wouldn't want the people who are willing to donate to have even the slightest hard time in sending donations. And with this strategy, a lot more donors can be pursuaded to donate since it makes donating less tedious since the number of options give them convenience not just in terms of fees but also from the hassle of converting altcoins just to be able to donate. What's more is that it also helps the altcoins that get chosen as an option. It's a win win for everyone.

Current market price movements continue to be influenced by the war conditions that occurred in ukraine, ukraine which is a small country of course will not be powerless to face the military power possessed by russia, that's why now the ukraine government has asked for donations to strengthen their military in the form of crypto, Ukraine central bank that initiated the donation hopes to be able to get sizable donations from around the world in the form of sending Bitcoin, Ethereum, Tron, Polkadot, Dogecoin, and Solana.
Right now it is reported that the Ukrainian government has received more than 96,000 cryptocurrency donations, with a total value of $46.7 million, even the Ukrainian government is also opening donations in the form of NFT now.

Similificator

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Indeed, the more options to choose from, the better. For people who want to donate, it is the least that could be done. We wouldn't want the people who are willing to donate to have even the slightest hard time in sending donations. And with this strategy, a lot more donors can be pursuaded to donate since it makes donating less tedious since the number of options give them convenience not just in terms of fees but also from the hassle of converting altcoins just to be able to donate. What's more is that it also helps the altcoins that get chosen as an option. It's a win win for everyone.

Adbitco

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Quote from: ?? on ??

I don't see looks agree with donation for Ukraine because they have try bad decision for banned all Russian cryptocurrency, I think they have made bad decision why need donation with cryptocurrency on other side try to make FUD. I know with humanity but looks they try to get problem and now have looking for way how to solve their problem without any bad impact for cryptocurrency. I still remember with Ukraine president ask to all exchange market to banned Russia member, why he did this announcement. He don't know all investor have deposit their real cash money to be investor on cryptocurrency.

I don't say is for the Russian, i got the source from Ukraine tweet on twitter and i see it is a tweet from their PM as a reply since many where requesting for their BNB and TRC20 address to make their donations.

SmartGold01

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This is a great idea to render Polkadot as means of donations. i believe very soon their turbulence will be over and i strongly stand for Ukrainian

xzone

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Quote from: Wildwest on March 03, 2022, 03:12:46 AM

Maybe because the cost of gas is so expensive that they add polkadot to receive donation funds, currently polkadot has a cheap transaction fee so they prefer to use polkadot and in the future matic and BNB I think will also be used because they also have a fast transaction cheap and safe to use, with the amount of help they need at this time of course the more affective way for them to use is cheaper.

Of course, if you're going to make a donation, you don't want to pay too much gas. It may be better for everyone to send the money you will spare for this as a donation. Therefore, it is a good option to choose coins that have a chance to be sent with a low fee.
Polkadot is a good coin to send money to, it would be a good advertisement for this altcoin and it could be possible to deliver more help.
I hope they can do something good with these collected donations

kojektea

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Quote from: ItsNotSean on March 01, 2022, 11:04:49 PM

If the Ukranian government wasn't one of the most corrupt governments in the world, this might be a nice idea.

You are much better off donating to an established, reputable charity with operations in Ukraine. Donating to an inauditable cryptocurrency address would be hilarious, if not for the tragedy of this war.

I have the same thoughts as you.
It seems that it would be better if the donation was channeled directly to Ukrainian citizens so as not to be misused.
Because from what I heard, the goal of the russian war was to demote the president of ukraine, but why do so many people just
donate to wallets that haven't even been audited, where will the money be used?
At least if this seems difficult, it is the charities in Ukraine who are responsible for receiving donations and channeling them to civilians.
I'm just worried, the donation funds that have accumulated so much in the cryptocurrency are being misused by their own government.
Would love to see an FTX donation method that gives out $25 USDT every verified Ukraine citizen FTX exchange user.
I got this information from an article: https://ieconomy.io/en/ftx-gave-25-to-the-ukrainian-citizens/

Adbitco

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I got this from a reply about their tweet saying

Quote

Stand with the people of Ukraine
Now accepting cryptocurrency donations. Ethereum. Bitcoin and Tether (USDTtrc20).

Source https://twitter.com/FedorovMykhailo/status/1497549813205848068

This simple means that TRC20 address can now make donation to their Tron address and for those having Tron and USDT-TRC20. We pray for Ukraine war to be over and let they live good as many individual are suffering.

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Quote from: cheezcarls on March 01, 2022, 08:54:04 AM

I don’t know who is gonna be next? Polygon? BNB? TRX? Hmmm……

Quite possibly TRX, Polygon is also another coin that is easy to exchange for USD because after all all donations in crypto will be exchanged to USD to buy everything they need during the war, interesting about BNB because the owner is Chinese and China supports Russia whether CZ will make a donation if he is very likely to have an impact on his business and his existence because China is so dictatorial.

Golfler

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The next one may be Ukraine’s own hyped-up token, and then hype it on the market. After tasting the sweetness, can he miss it?

Wildwest

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Maybe because the cost of gas is so expensive that they add polkadot to receive donation funds, currently polkadot has a cheap transaction fee so they prefer to use polkadot and in the future matic and BNB I think will also be used because they also have a fast transaction cheap and safe to use, with the amount of help they need at this time of course the more affective way for them to use is cheaper.

NewRanger

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Quote from: Gayong88 on March 02, 2022, 04:22:40 AM

It is very possible and will continue whether BNB, TRX, and others, hopefully continue to increase donations for humanity, so that the world community at least knows the other functions of crypto itself and the message implied in it, as Mr. abittraffic said "This is how crypto will be adopted everywhere around the world".

due this thing now world wide should to know how cryptocurrency usefull in many field. its not about investment only but also for hummanity. bank or other traditional finance market should not recognized bitcoin and cryptocurrency as a threat. maybe other coin could follow this social movement and more dev will try to shill their project parallelly with it.

Quote from: Bollexz1 on March 02, 2022, 04:31:08 PM

I'm certain if the war takes a little more longer, they would add more network for donations. This will help boost their supply and needs along in rebuilding all the damages done to her country.

i am believe it will happen. it also have positive impact to other chain popularity itself if join in this charity.

Psynthax

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they could easily accepts all these ERC20 based tokens that could easily being exchanged in form of native tokens like ETH, Matic etc and it gonna raises the coverage easily.
regardless I just really hope that there is no war being waged and they just stops peacefully because this kind of thing only bring destruction for both sides and the civilian will always become victim.
civilian should always be prioritized their safety and I hope their civilians could comes out safe and sound and this kind of things gets ended as soon as possible in the future.
It seems like they will be adding multiple assets instead of focusing to use the new blockchain. It doesn't matter as long as you send like millions USD at once.

Bollexz1

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I'm certain if the war takes a little more longer, they would add more network for donations. This will help boost their supply and needs along in rebuilding all the damages done to her country.

riskarcher

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What you need to know is that BNB has made a similar and earlier donation for donations to Ukraine you can check on the tweet of CEO Binance Cz. Many crypto networks and platforms have officially provided donation addresses for Ukraine this is a form of humanity that the crypto market shows that the community cares about the situation in the world. whatever network address that is donated, whether it's BNB, TRX, SOL, LUNA or AVAX as long as it's for the sake of humanity, it can all be realized

tygeade

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Quote from: Gayong88 on March 02, 2022, 04:22:40 AM

It is very possible and will continue whether BNB, TRX, and others, hopefully continue to increase donations for humanity, so that the world community at least knows the other functions of crypto itself and the message implied in it, as Mr. abittraffic said "This is how crypto will be adopted everywhere around the world".

It is, because not all people are using the cryptos that they currently support and a bunch of these people would also want to try to donate but they can't do it for now, for the same reason. I don't know but maybe they are now negotiating the people that handles the donation to support more cryptocurrencies.

This is an eye opener to some people that who thinks cryptos are only meant to be for investment, they will now know that cryptos can also work well for this purpose or anything related to it. Cryptocurrencies will be adopted not only because of its different use cases but also because it can pass thru some heavy restrictions.

MFahad

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Its very good choice. actually Polkadot Ceo Donates big for Ukraine in Polkadot. Similarly Usdt Tron is also available to donate.
I checked their Address and found that some anonymous sent Nfts to Etherium address.
Next option should be Bnb and they will also see good result there.

Ozero

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Quote from: jrrsparkles on March 01, 2022, 12:08:39 PM

Now government itself is in need of decentralized money so how the future of their fiat is going to be. Both the countries Russia and Ukraine are losing their banking system one due to invasion and other due to sanctions but all their donations are going for buying the military needs even they arm the civilians.

Now the entire civilized world has united around Ukraine in its desire to defend its freedom and independence while repelling the attack of 120,000 Russian troops. It's nice to see. Previously, Ukrainians were considered Russian in many countries. Even recently, Putin declared that they were one people, but immediately before the attack on Ukraine, he refused to recognize its independence. After heroic resistance to such a large state as the Russian Federation, I think that Ukrainians will no longer be identified with Russians. We are different in culture, way of life, language, and most importantly - in spirit.
I see on the information television channels of Ukraine that donations are collected to a separate account of the National Bank. But given the positive attitude of the government of Ukraine towards cryptocurrencies, I fully admit that it can be in cryptocurrencies as well.
The banking system in Ukraine is still functioning as usual, the national currency - the hryvnia has fallen slightly compared to the Russian ruble: from 28.4 per dollar to 29.25. What can not be said about the ruble, which fell two or three times.

Gayong88

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It is very possible and will continue whether BNB, TRX, and others, hopefully continue to increase donations for humanity, so that the world community at least knows the other functions of crypto itself and the message implied in it, as Mr. abittraffic said "This is how crypto will be adopted everywhere around the world".

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