Tron’s Justin Sun Helps With $2 Million Donation

Tron founder and CEO Justin Sun added 2 million in TRX to the India Covid Relief Campaign’s funds with a generous donation. India is suffering from a massive outbreak of COVID-19, and the nation’s hospitals are under strain.

Sun announced his support for the relief efforts via a Tweet:

Over the past few days, a number of influential tech executives have joined the relief efforts for India’s COVID-19 sufferers by offering a range of assistance to the nation, however, this aid may or may not be legal under Indian laws.

Tron Joins a Dedicated Group of Philanthropists

Vitalik Buterin, the co-founder of Ethereum, offered $600,000 USD in crypto to a relief fund founded by Sandeep Nailwal, of Polygon.

Tanvi Ratna, the CEO of Policy 4.0, which focuses on blockchain issues, commented,

“This is a gutsy, though risky campaign,especially because under Indian law, foreign funds for charitable purposes are very closely scrutinized.”

The idea of sending these funds to the Indian relief effort is no doubt a great one.

However, given that India doesn’t allow the use of cryptos as money, the funds that both Sun and Buterin have generously given may have a hard time making an impact in the short term.

Google CEO Joins In

The CEO of Google and Alphabet, Sundar Pichai, is also helping the people in India during these trying times.

The CEO Tweeted,

“Devastated to see the worsening crisis in India. Google and Googlers are providing Rs135 crore funding to Unicef and non-profit Give India for medical supplies, supporting high-risk communities, and grants to help spread critical information.”

The money that Pichai has pledged to Unicef…

Read More