OnlyFans, the adult content subscription service has donated 500 Ethereum (ETH) worth $1.29 million at the time to UkraineDAO, a decentralized autonomous organization raising funds to support Ukraine’s war against Russia.

The donation comes as a larger part of its charitable effort to support Ukraine, led by the company's Ukrainian-American owner Leonid Radvinsky.

In addition, the company has also revealed on donating over $5 million to various humanitarian efforts supporting Ukraine, with an additional $1 million donation planned for March 15.

Commenting in a statement, Ami Gan, CEO of OnlyFans, said:
<blockquote><em>“These tragic events have had a terrible impact on individuals including members of our creator community. Given our strong personal ties to Ukraine, we wanted to support in a way which felt true to who we are at OnlyFans and which focused on getting aid and support to the Ukrainian people.”</em></blockquote>
https://twitter.com/WatcherGuru/status/1502086234738413573
<h2><strong>UkraineDAO Donations Crosses $50M</strong></h2>
Since tweeting out its ETH and BTC addresses in February, UkraineDAO has collected over $50 million in crypto donations.

The DAO was formed by Russian art collective Pussy Riot and non-fungible token (NFT) studio Trippy Labs, with the highest single donation coming from a $6.5 million crowdfunded NFT sale on March 2 where OnlyFans’ contributed 500 ETH.

According to a spokesman, the DAO was stopped at around half of the 1,000 ETH reserve amount when the adult site made the 500 ETH donation. The contribution by the company pushed the total over the mark where more donations began to pour in after that.

OnlyFans Has Donated $1.29M to a UkrainianDAO

OnlyFans has donated 500 Ethereum (ETH) worth $1.29 million at the time to UkraineDAO to support Ukraine’s war against Russia.

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

OnlyFans Has Donated $1.29M to a UkrainianDAO

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