OnlyFans Donates 500 ETH to Ukraine, Providing Crucial Support
The popular video subscription platform, OnlyFans, has stepped up to support Ukraine with a significant donation. OnlyFans reportedly donated 500 ETH to UkraineDAO, a decentralized autonomous organization (DAO) dedicated to raising funds to strengthen Ukraine. This contribution, valued at approximately $1.3 million, highlights the platform's commitment to providing aid during the ongoing crisis.
$1.3 Million in ETH Donated to UkraineDAO
OnlyFans, known as a social platform where artists monetize content from fans, donated 500 units of Ethereum, valued at approximately $1.3 million USD, to UkraineDAO to help the country. The donation aims to bolster Ukraine's defenses and provide humanitarian assistance.
UkraineDAO Receives Crucial Funding
UkraineDAO, a decentralized autonomous organization, is playing a vital role in collecting and distributing funds to support various initiatives within Ukraine. This contribution of 500 ETH from OnlyFans, around 1.3 Million in USD, further empowers the organization to fulfill its mission.
OnlyFans Stands with Ukraine
OnlyFans has stated that it offered this support of 500 ETH, which is around 1.3 Million in USD, to UkraineDAO as a demonstration of solidarity. Earlier, OnlyFans had donated $6.1 million. The platform's donation to DAO of Ukraine underscores the growing trend of cryptocurrency and decentralized organizations playing a significant role in international aid efforts.