{"id":13197,"date":"2021-05-13T19:07:00","date_gmt":"2021-05-13T13:37:00","guid":{"rendered":"https:\/\/zebpay.com\/?p=13197"},"modified":"2021-05-13T19:07:00","modified_gmt":"2021-05-13T13:37:00","slug":"the-crypto-relief-story","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/the-crypto-relief-story","title":{"rendered":"Crypto for Good: The Crypto Relief Story"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/the-crypto-relief-story\/#Enter_Sandeep_Nailwal\" title=\"Enter Sandeep Nailwal.\">Enter Sandeep Nailwal.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/the-crypto-relief-story\/#Crypto_Relief_Today\" title=\"Crypto Relief Today\">Crypto Relief Today<\/a><\/li><\/ul><\/nav><\/div>\n\n<p><strong>We\u2019re often told there is strength in unity. That many drops make an ocean. But our belief in this ideal is often questioned, and we feel powerless as individuals to bring change. However, the stories of communities banding together to achieve a greater purpose, can restore that faith. The story of the <a href=\"https:\/\/cryptorelief.in\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Crypto Relief Fund<\/a> is one such story.<\/strong><\/p>\n\n\n\n<p>Online communities aren\u2019t a new concept. We\u2019re social creatures, and with the age of the Internet came new ways to connect with each other. You could be interested in anything, from <a href=\"https:\/\/www.reddit.com\/r\/marvelstudios\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Marvel movies<\/a> to <a href=\"https:\/\/www.reddit.com\/r\/MechanicalKeyboards\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">mechanical keyboards<\/a>. If you can Google it, chances are you\u2019ll find a community of like-minded people.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/zebpay.com\/in\/buy-cryptos\/\">crypto<\/a> community is no different. Thousands of people, each with their own stances and strategies debate fundamentals on reddit, Twitter and the rest of the internet 24*7*365. <\/p>\n\n\n\n<p>Sometimes it\u2019s like having thousands of siblings spread all over the world. You joke and banter and make memes together. Sometimes there are more serious arguments about shilling tokens, or promoting FUD. But at the end of the day &#8211; we all care for crypto\u2019s common good.<\/p>\n\n\n\n<p>So what happens when these like-minded people rally together in the real world?<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-enter-sandeep-nailwal\"><span class=\"ez-toc-section\" id=\"Enter_Sandeep_Nailwal\"><\/span><strong>Enter Sandeep Nailwal.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Can&#39;t take this sitting down anymore, I am going to run a Covid relief campaign in lieu of what\u2019s going on in India. <br><br>Need help from the Global crypto community.<br><br>I will take full responsibility for transparency, funds usage and regulatory compliance<br><br>If you want to donate.. 1\/n<\/p>&mdash; Sandeep | AggLayer \ud83d\udc7f (@sandeepnailwal) <a href=\"https:\/\/twitter.com\/sandeepnailwal\/status\/1385968552679727113?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">April 24, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Sandeep is the founder of the Polygon Network. Initially known as <a href=\"https:\/\/zebpay.com\/in\/buy-polygon\/\" target=\"_blank\" rel=\"noreferrer noopener\">MATIC<\/a>, it is an Indian blockchain project that aims to <a href=\"http:\/\/polygon.network\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">enable Ethereum to become a full-fledged multi-chain system.<\/a><\/p>\n\n\n\n<p>Amid the peak of India\u2019s second wave of COVID19 cases, Nailwal committed to creating a fund dedicated to supplying medical supplies to those in need. Crypto heavyweights Vitalik Buterin and Balaji S Srinivasan were quick to endorse the fund. Donations poured in, crossing $3 million in donations across all crypto assets in our first 72 hours.<\/p>\n\n\n\n<p>(Vitalik would make headlines less than two weeks later, with a donation of $1 billion in SHIB memecoins.)<\/p>\n\n\n\n<p>One thing sets this initiative apart from others. All its funding activities are completely transparent. Crypto Relief actively <a href=\"https:\/\/cryptorelief.in\/transparency\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">invites people to audit the funds it holds, and where it plans to use it.<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-crypto-relief-today\"><span class=\"ez-toc-section\" id=\"Crypto_Relief_Today\"><\/span><strong>Crypto Relief Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Today, the community is all but completely a decentralised autonomous organisation. It is a 1,000+ members strong, all united by a singular mission:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>To reduce the immediate suffering of Indian citizens, by:<\/p><p><\/p><p>&gt; connecting those in need to the verified sources of aid,<\/p><p>&gt; sourcing essential supplies and equipment from across the globe and providing them to the overwhelmed and under-resourced facilities,&nbsp;<\/p><p>&gt; setting up oxygen plants and dedicated COVID-centers in remote and underserved areas of the nation.<\/p><\/blockquote>\n\n\n\n<p>Community consensus decides which NGOs to partner with. All partner organisations are selected via consensus of the community. Naturally, this has become more centralised given how quickly the community has grown. However, there are plans to implement more formal processes to select organisations via social consensus.<\/p>\n\n\n\n<p>One of their first grants was a $1 million transfer to support ACT Grants\u2019 #OxygenForEveryone campaign of providing 50,000+ oxygen concentrators across the country.<\/p>\n\n\n\n<p>A group of volunteers were also able to find out about an Indian Navy ship carrying oxygen under Operation Samudra Setu-II. They found that there was still vacant space for 3,000 more cylinders, and joined hands with the Indian Embassy in Kuwait and other groups to ensure it set sail at 100% capacity.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">This is a FASCINATING story of a group of <a href=\"https:\/\/twitter.com\/CryptoRelief_?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@cryptorelief_<\/a> volunteers, who were able to find out about the vacant oxygen cylinder carrying capacity of a <a href=\"https:\/\/twitter.com\/hashtag\/IndianNavy?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#IndianNavy<\/a> ship under Operation Samudra Setu-II &amp; somehow managed to fill out that 3000+ vacant cylinder capacity<br>Read below\ud83d\udc47\ud83d\udc47 <a href=\"https:\/\/t.co\/JfES2YbKaR\" target=\"_blank\">pic.twitter.com\/JfES2YbKaR<\/a><\/p>&mdash; Sandeep | AggLayer \ud83d\udc7f (@sandeepnailwal) <a href=\"https:\/\/twitter.com\/sandeepnailwal\/status\/1389727191156486146?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 4, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>So &#8211; want to volunteer? Join the community server <a href=\"https:\/\/discord.gg\/ajue8zzWaq\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>, and introduce yourself on #intros \ud83d\udc4b<\/p>\n\n\n\n<hr class=\"wp-block-separator is-style-dots\"\/>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Communities banding together to achieve a greater purpose, restore faith that we can make a change. The Crypto Relief Fund is one such story.<\/p>\n","protected":false},"author":1,"featured_media":13198,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/13197"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=13197"}],"version-history":[{"count":0,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/13197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/13198"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=13197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=13197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=13197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}