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<p class="is-style-lead">Vitalik Buterin, the co-founder of Ethereum, has teamed up with Sandeep Nailwal, the co-founder of Polygon, to direct $100 million toward COVID-19 research and the development of medical infrastructure in India. This philanthropic effort aims to address the long-term impacts of the pandemic and bolster healthcare systems.</p>



<p><a href="https://crypto.news/vitalik-buterin-outlines-his-vision-for-good-crypto-future/">Buterin</a> is making a significant contribution to address pressing global challenges. This time, Buterin has joined forces with Sandeep Nailwal, the co-founder of Polygon, to direct $100 million towards COVID-19 research and medical infrastructure development, focusing on tackling &#8220;long COVID&#8221; and enhancing healthcare systems.</p>




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<p>As part of this collaborative effort, Crypto Relief, an India-based crypto fund, will provide $90 million in <a href="https://crypto.news/circle-confident-in-usdcs-future-amid-us-banking-crisis/">USD Coin (USDC)</a> to Buterin and Nailwal. An additional $10 million will be contributed by Buterin himself, demonstrating his commitment to the cause. The duo will then work together to ensure the efficient distribution of funds to the designated projects.</p>



<p>Crypto Relief, led by Sandeep Nailwal, is a community-run fund that provides financial relief during the COVID-19 pandemic. In line with their mission, the first installment of funds received from Buterin and Nailwal was <a href="https://crypto.news/polygon-matic-co-founder-covid-relief-fund-india-buterin-srinivasan/">allocated</a> towards emergency humanitarian relief to combat the pandemic in India. </p>




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<h2 class="wp-block-heading" id="buterin-8217-s-vision-for-a-safer-future">Buterin&#8217;s vision for a safer future</h2>



<p>In a recent Twitter post, Buterin highlighted the persistent risks posed by COVID-19 and future pandemics, emphasizing the need for a global solution. Buterin believes such a solution should blend frontier scientific innovation with on-the-ground implementation. </p>



<p>He believes that finding public health solutions that respect people&#8217;s rights and freedom while remaining accessible to all is crucial. Buterin aims to ensure that people stay alive and healthy and enjoy fulfilling lives worth living. </p>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">Last year <a href="https://twitter.com/CryptoRelief_?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@CryptoRelief_</a> led by <a href="https://twitter.com/sandeepnailwal?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@sandeepnailwal</a> allocated $100m to Covid research projects I wanted to fund<br><br>Sandeep and I discussed and jointly concluded these and other projects are high-impact and need follow through grants. Hence we decided to put $100m more to these projects</p>&mdash; vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1666860069273710606?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 8, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<p>Buterin&#8217;s involvement in philanthropic efforts extends beyond the current endeavor. In May 2021, he contributed 50 trillion SHIB tokens, equivalent to $1.2 billion, to the India Covid Relief Fund in a single transaction. Furthermore, in April 2022, Buterin donated $5 million worth of Ether (<a href="https://crypto.news/price/ethereum/">ETH</a>) to &#8220;Aid for Ukraine&#8221; to <a href="https://crypto.news/vitalik-buterin-1-billion-shib-india-covid-relief-fund/">support</a> the country&#8217;s defense against Russia&#8217;s invasion.&nbsp;</p>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">.<a href="https://twitter.com/VitalikButerin?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@VitalikButerin</a> donated almost $2.5M in <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ETH</a> to <a href="https://twitter.com/_AidForUkraine?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@_AidForUkraine</a> 2 days ago, and didn&#39;t say a word! He&#39;s also donated $2.5M to <a href="https://twitter.com/Unchainfund?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@Unchainfund</a>.<br><br>Thanks for your enormous help, Vitalik, and thank you for creating <a href="https://twitter.com/ethereum?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@ethereum</a>! The <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Ethereum</a> community is 💙💛 <a href="https://t.co/HuvDcTM40e" target="_blank">pic.twitter.com/HuvDcTM40e</a></p>&mdash; Aid For Ukraine 🇺🇦 (@_AidForUkraine) <a href="https://twitter.com/_AidForUkraine/status/1511775118736961544?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">April 6, 2022</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<p>The collaboration between Vitalik Buterin and Sandeep Nailwal marks a significant milestone in the ongoing fight against COVID-19. By directing $100 million towards COVID-19 research and medical infrastructure development, Buterin and Nailwal aim to address the long-term consequences of the pandemic and strengthen healthcare systems.&nbsp;</p>



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe title="Ethereum co-founder Vitalik Buterin on good and bad ways to deal with crypto, and Spore’s approach" width="1020" height="574" src="https://www.youtube.com/embed/bIE1FH1EwZ4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
</div></figure>



<p>This philanthropic effort underscores the importance of global cooperation and combining scientific innovation with practical implementation to effectively combat present and future pandemics. </p>




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Ethereum’s Buterin and Polygon’s Nailwal donate $100m for COVID-19 research

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