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Adult content subscription service OnlyFans has donated 500 ETH, roughly equivalent to $1.3 million, to Ukraine as humanitarian aid amid the ongoing Russia-Ukraine war, media outlet CoinDesk Friday, citing a representative from OnlyFans.
500 ETH Contribution from @onlyfans / only.eth
There is now 1221 ETH in the bidding pool, triggering the auction countdown after the 1000 ETH reserve has been methttps://t.co/RlXuJpNjQ6
— UkraineDAO (@Ukraine_DAO) February 27, 2022
Per the reports, OnlyFans donated the funds to UkraineDAO, a decentralized autonomous organization created by Pussy Riot co-founder Nadezda Tololonnikova, members of the investment group PleasrDAO, and NFT studio Trippy Labs.
UkraineDAO was created to provide support to the Ukrainian army as the country grapples with the ongoing war with Russia. It raised over $7 million or 2258 ETH from the sale of a Ukrainian flag NFT, which was donated to Come Back Alive, an NGO supporting the Ukrainian army.
The latest initiative is part of a broader ongoing effort made by OnlyFans’ Ukrainian-American owner Leonid Radvinsky. So far, the company has supported the country with more than $ 5 million in donations and plans to donate a further $1 million by March 15. Ami Gan, CEO of OnlyFans, said in a statement:
“These tragic events have had a terrible impact on individuals including members of our creator community. Given our strong personal ties to Ukraine, we wanted to support in a way which felt true to who we are at OnlyFans and which focused on getting aid and support to the Ukrainian people.”
Ukraine has collected more than $93 million in cryptocurrency donations, at the time of publication. Over $50 million came to the wallet addresses provided by the Ukrainian government, and the rest were donated via several NGOs and crowdfunding platforms.
OnlyFans donates 500 ETH to UkraineDAO for humanitarian relief efforts appeared first on Our Bitcoin News.
