Gavin Wood, the founder of the Polkadot (DOT) blockchain platform has just donated $5.8 million worth of DOT tokens to Ukraine.
<h2 class="articleTitle font-headline">Polkadot Founder Donates $5.8M to Ukraine</h2>
A few days ago, Polkadot founder, Gavin Wood announced that he would be donating $5 million to support the Ukrainian government’s efforts in its war against Russia if they include a $DOT address in addition to Bitcoin (BTC), Ethereum (ETH), Tether (USDT).

https://twitter.com/gavofyork/status/1497914456118075394

Yesterday, he followed up on his promise and donated $5 million, posting a receipt of the transaction in a tweet.

https://twitter.com/gavofyork/status/1498662367600779271

According to the <a href="https://polkadot.subscan.io/account/1x8aa2N2Ar9SQweJv9vsuZn3WYDHu7gMQu1RePjZuBe33Hv" target="_blank" rel="nofollow noopener">DOT transaction</a>, the Polkadot founder just shared, the total donation amounts to 298,367 DOT tokens. Given DOT/USD currently trading around $19.05, Wood’s donation stands at around $5.8 million.

The Polkadot address appears to have collected a slew of smaller donations both before and after Wood’s contribution. The address’s 6th donation, worth 10,000 DOT appears to be the 2nd largest it has received. In total, the Polkadot address now holds 324,580 DOT tokens worth over $6 million.
<h2><strong>Ukraine Receives Millions in Crypto Donations</strong></h2>
Ukraine has amassed tens of millions of dollars in crypto donations within a week. In fact, the country's Bitcoin address has <a href="https://www.blockchain.com/btc/address/357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P" target="_blank" rel="nofollow noopener">received</a> over 200 BTC worth $8 million while its Ethereum address has <a href="https://www.blockchain.com/eth/address/0x165CD37b4C644C2921454429E7F9358d18A45e14" target="_blank" rel="nofollow noopener">got</a> over 2500 ETH worth $7 million.

Polkadot is an open-source cross-chain bridge blockchain platform. Founded in 2016, its native cryptocurrency DOT is currently the 11th largest by market cap.

Polkadot Founder Gavin Wood Donates $5M in DOT Tokens to Ukraine

Gavin Wood, the founder of the Polkadot (DOT) blockchain platform has just donated $5.8 million worth of DOT tokens to Ukraine.

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.

Polkadot Founder Gavin Wood Donates $5M in DOT Tokens to Ukraine

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