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Home Gadgets India Covid Crypto Relief Fund to donate $15 million to UNICEF

India Covid Crypto Relief Fund to donate $15 million to UNICEF


India Covid Crypto Relief Fund will donate $15 million (approx Rs 110 crore) to United Nations Kids’s Fund (UNICEF) India to obtain 160 million RUP syringes. The aid fund, based by Polygon cofounder Sandeep Nailwal, has additionally partnered with the Ministry of Well being to hurry up the deployment of vaccines within the nation.

“Whereas speaking to officers at Ministry of Well being and Household Welfare, Crypto Aid volunteers understood that whereas Authorities of India is taking steps for securing the required vaccines, syringes are equally necessary for profitable vaccination drive, and so they’re in scarcity,” Nailwal wrote on microblogging platform Twitter on Friday.

India Covid Crypto Aid Fund was launched in April amid the second wave of the pandemic by Nailwal, Etherum cofounder Vitalik Buterin, and former Coinbase know-how chief Balaji Srinivasan has additionally contributed to the fund.

Nailwal wrote that the donation was made after understanding the necessities on the bottom.

“The group was knowledgeable that UNICEF has initiated processing of bids within the world tender. The volunteer group obtained in contact with UNICEF to know the bottom requirement and quantum of funds required,” he added. “These syringes are anticipated to be delivered between Sept 2021 and January 2022, & shall assist India vaccinate over 16 crore adults.”

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