Home Blockchain Blockchain gaming neighborhood raises $1.4M to assist storm victims

Blockchain gaming neighborhood raises $1.4M to assist storm victims

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The Philippines, a rustic that’s already been struggling to get again on its toes due to COVID-19, has been hit by a catastrophic tremendous storm. Again on Dec. 16, 2021, the storm hit landfall and went on a rampage for 4 days, leaving 334 cities and municipalities in a state of calamity. 

As of Jan. 1, greater than 4 million people had been both displaced or injured, with 407 useless and 88 nonetheless lacking, in accordance with the Philippines’ Nationwide Catastrophe Threat Discount and Administration Council.

A day after the storm hit the nation, play-to-earn gaming group Yield Guild Video games (YGG) organized a donation drive to assist the victims get reduction and rebuild. 

The response was overwhelmingly constructive. Avid gamers paused and saved to take a second to contribute. Main the reduction efforts, YGG Philippines nation supervisor Luis Buenaventura informed Cointelegraph that with the assistance of the neighborhood, donations reached $1.4 million. 

“Throughout the first hour we had exceeded $100k, and inside the first day, we had been at $300k. It is now been three weeks and donations proceed to return in. As of yesterday, we have raised over $1.4M purely from neighborhood crypto donations,” mentioned Buenaventura. 

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Based on Buenaventura, their crew will commit the funds to reduction efforts, with teams on the bottom going into affected areas to distribute meals, ingesting water, medication, photo voltaic lights and energy mills, in addition to rebuilding.

The rebuilding initiative consists of a direct money help program the place the crew sends fiat on to affected households. 

Buenaventura mentioned that they had been in a position to attain 1,600 households and have sufficient sources to cowl a minimum of one other 3,000. “Though which will sound like so much, preliminary estimates point out that over 55,000 houses had been destroyed by the storm so we nonetheless have an extended option to go,” he added.