Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Vitalik Buterin Donates $500K in Memecoins to Animal Charity

Vitalik Buterin Donates $500K in Memecoins to Animal Charity

BitdegreeBitdegree2024/08/15 16:00
By:Written by Gode S.,

Key Takeaways Vitalik Buterin donated over $532,000 from animal-themed memecoins to the Effective Altruism Funds' Animal Welfare Fund; Buterin encouraged the memecoin community to donate directly to charities instead of sending assets to him; The donation was prompted by a memecoin project that airdropped tokens to Buterin, which he sold and then donated the proceeds.

Vitalik Buterin, the co-founder of  Ethereum , has recently donated all the animal-themed coins he received the past year to a charity that supports animal welfare initiatives.

In an August 15 X post , Buterin provided a receipt confirming that the funds were directed to the Effective Altruism Funds' Animal Welfare Fund.

According to the receipt, Buterin transferred $532,398 to the charity on August 14.

Buterin also used this opportunity to encourage the memecoin community to donate any crypto assets directly to charities instead of sending them to him. Additionally, he hinted at ideas he discussed in a blog post published this March , where he suggested that memecoins should "support public goods instead of just enriching insiders and creators."

The donation itself was sparked after a memecoin project known as Neiro on Ethereum (NEIRO) airdropped 4% of its total supply to Buterin in an attempt to draw attention to the token. Buterin quickly sold off all of these tokens, after which the NEIRO team reached out to him , asking him to donate a portion of the proceeds to a stray dog shelter.

This act of generosity not only highlights Buterin's philanthropic spirit but also sets an example for the crypto community on how digital assets can be used to support meaningful causes.

Gode S. , Web3 Market Analyst
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
Gode’s passions include working and communicating with people, and when she’s not researching Web3 news, she spends her time traveling and watching true crime documentaries.
All Expert Contributors Analysts
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like