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May 24, 2022
by Usha Yadav
Ukraine's Vice Prime Minister Asks for More Crypto Via Catchy Rap Collab
Everstake is a blockchain startup based in Ukraine. They claim to be the blockchain industry's largest decentralized staking provider. The company employs over 100 individuals worldwide and has 625,000 users. In partnership with Ukraine's Vice Prime Minister and Minister of Digital Transformation, they developed a rap video. Mykhailo Fedorov invites crypto fans to donate to Aid For Ukraine in the rap. The charitable organization generates donations for both military and humanitarian needs in Ukraine. It has so far raised approximately $60 million in several cryptocurrencies. First aid kits, ration packs, and protective jackets have cost $45 million. Everstake, FTX, Kuna, and Ukraine's Ministry of Digital Transformation are behind the effort.
Sergey Vasylchuk, CEO of Everstake, said,
"Peace comes at a price, but the first wave of donations has subsided. Cryptocurrencies are free from red-tape hurdles, making them the most efficient way to provide fast help. Every crypto contribution, no matter big or small, is another nail in the coffin of totalitarianism. Helping Ukraine fight off the invasion means helping us save the free world from enslavement."
Everstake and its co-founders Sergey Vasylchuk and Yev Zaifert have also donated $10 million in cryptocurrency. Individually, Yev Zaifert gave $9 million. They also contributed to other projects. This comprises the Kyiv School of Economics' charitable foundation.
Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.