The protocol team at ETHDenver 2023 spoke with Cointelegraph about the new blockchain operating system and funds raised for Ukrainians by the crypto community.
"A lot of projects just migrated over to NEAR," noted Polosukhin about last year's growth, combined with an effort to search for existing applications with a user base:
"They came to us, some of them because they saw you can write in JavaScript smart contracts. That's like three times cheaper to hire developers. This is just more usable not just for users, but for developers as well."Polosukhin is also one of the developers behind the Unchain Fund, a fundraising effort created last year to help Ukrainians affected by the war. As of early 2023, the fund had raised over $9 million in donations, almost entirely in crypto assets.
According to him, the raised funds were crucial to support the people of Ukraine in the first weeks of war, while international help was still underway at a lower pace: "The Red Cross, UNICEF, they take months to spin up all of their systems when something happens, that's just that's how they are. They're slow [...] but when they get there, they have the procedure, and they set it up, they build the supply chain, logistics, and then they can start delivering. So, in a way, crypto funds covered in the beginning, like spin-up time for a similar government aid.
Part of the raised funds were used for a program dedicated to women with children who run away from home, providing weekly payments of 25 euros to roughly 6,000 Ukrainian women. The funds were also used to purchase ambulances through the global initiative United24.
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