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Priyanka Jadhav
Mar 17, 2022
by Priyanka Jadhav

DFINITY Proposes $250M in Crypto to End War in Ukraine

DFINITY Bitcoin Ether Russia Ukraine
Dominic Williams is the Founder of DFINITY and accounts for building the Internet Computer. Dominic Williams proposed the end of the Russia-Ukraine conflict with $250 million in cryptocurrencies. William has brought forth smart contracts and crypto rewards in Bitcoin and Ether to incentivize citizens of Russia. This move was conjured to pressure the Russian government in abandoning the attack.

The Proposal 

Dominic William had shared his proposal on Twitter that entailed his concerns due to the war and how Russian citizens are in complete darkness about their government. 

Dominic believes that the imposed US Sanctions are not enough to prevent Russia from invading Ukraine. He thinks that the use of smart contracts in addition to blockchain will help Russian citizens consume the truth, as the media is also controlled. Dominic offers the concept of virtual reality parties to feed information about the war. 

To attract Russian citizens in learning the reality of their government, Dominic has decided to incentivize the VR parties. A Russian user can open a crypto account with the help of a smart contract and earn rewards of up to $50 by watching the entire content. Dominic has conjured to gather 5 million views for the content and reward $250 Million in Bitcoin and Ether. 

The Content

Dominic's video is a depiction of the reality that Ukraine has been facing due to the invasion. However, there are several drawbacks to this idea, including the risk of the Russian government prohibiting internet activity. And secondly, are the Russian government ready to listen to their citizens?

Twitter users have called out this proposal as a PR stunt and believe that it is too unreal to work in the real world.

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DFINITY Proposes $250M in Crypto to End War in Ukraine
Priyanka Jadhav
Priyanka is an active crypto enthusiast. Having graduated with a BA in Journalism and Mass Communication, she is a passionate content writer with a strong understanding of financial content. She has been writing on crypto and blockchain-related topics for the last three years and is an active trader.

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