{"id":222157,"date":"2022-03-01T16:01:21","date_gmt":"2022-03-01T16:01:21","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=222157"},"modified":"2023-11-18T13:06:51","modified_gmt":"2023-11-18T13:06:51","slug":"ukraine-post-dot-address-hence-polkadots-gavin-wood-donates-5-7m","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/ukraine-post-dot-address-hence-polkadots-gavin-wood-donates-5-7m\/","title":{"rendered":"Ukraine post DOT address, hence Polkadot\u2019s Gavin Wood donates $5.7M"},"content":{"rendered":"<p>As the war in Ukraine continues and unfolds, with terrible consequences for the country\u2019s population, people and organizations around the world line up to donate to the Ukrainian war effort and its military force\u2019s defense of the country against their Russian adversary.<\/p>\n<p>People in the crypto space want to be no less generous with their donations, and tens of millions of dollars have been sent to different crypto addresses held by charities and official Ukrainian organizations. To that end, the official Ukrainian Twitter account posted yesterday both Bitcoin (<a href=\"https:\/\/cryptoslate.com\/coins\/bitcoin\/\">BTC<\/a>) and Ethereum (<a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">ETH<\/a>) addresses to which donors can send crypto.<\/p>\n<p>As <a href=\"https:\/\/cryptoslate.com\/polkadots-gavin-wood-to-donate-5m-to-ukraine-if-they-post-a-dot-address\/\">reported<\/a> by CryptoSlate yesterday, in a response to the Ukrainian tweet, Dr. Gavin Wood, co-founder of Ethereum and founder of Polkadot, tweeted that he would send $5 million if Ukraine posted a DOT address, DOT being the native token of the Polkadot ecosystem.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">If you post a DOT address I&#39;ll personally contribute $5m.<\/p>\n<p>&mdash; Gavin Wood (@gavofyork) <a href=\"https:\/\/twitter.com\/gavofyork\/status\/1497914456118075394?ref_src=twsrc%5Etfw\">February 27, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>\u201cWe are now accepting Polkadot donations too\u201d<\/h2>\n<p>Wood\u2019s reply raised some criticism since it could be interpreted as Wood conditioned his donation, and that he would not donate if he couldn\u2019t send <a href=\"https:\/\/cryptoslate.com\/coins\/polkadot\/\">DOT<\/a>. However, some also pointed out that Wood\u2019s response could come out of tax concerns, as converting from DOT to, say ETH, could be a taxable event.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">people responding to those criticizing this tweet because he is \u201cdonating\u201d 5M<\/p>\n<p>It\u2019s not a donation if it has conditions<\/p>\n<p>It\u2019s a product placement leveraging major global conflict with a 5M price tag<\/p>\n<p>I\u2019m sorry but he should just convert to ETH if he really want to donate<\/p>\n<p>&mdash; Pedro Gomes (@pedrouid) <a href=\"https:\/\/twitter.com\/pedrouid\/status\/1498085042249211908?ref_src=twsrc%5Etfw\">February 27, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In any case, the Ukrainian Twitter account has now posted a DOT address, and Dr. Wood has consequently donated no less than 298,367.2269896686 DOT, the equivalent of around $5.7 million.<\/p>\n<p>\u201cThe people of Ukraine are grateful for the support and donations from the global crypto community as we protect our freedom. We are now accepting Polkadot donations too:\u00a0$DOT: 1x8aa2N2Ar9SQweJv9vsuZn3WYDHu7gMQu1RePjZuBe33Hv. More cryptocurrencies to be accepted soon,\u201d the account tweets.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"qme\" dir=\"ltr\"><a href=\"https:\/\/t.co\/bFyYkKDseL\">https:\/\/t.co\/bFyYkKDseL<\/a><\/p>\n<p>&mdash; Gavin Wood (@gavofyork) <a href=\"https:\/\/twitter.com\/gavofyork\/status\/1498662367600779271?ref_src=twsrc%5Etfw\">March 1, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>To put some proof behind his donation, Wood published the <a href=\"https:\/\/polkadot.subscan.io\/extrinsic\/9239466-2\">transaction<\/a> involved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the war in Ukraine continues and unfolds, with terrible consequences for the country\u2019s population, people and organizations around the world line up to donate to the Ukrainian war effort and its military force\u2019s defense of the country against their Russian adversary. People in the crypto space want to be no less generous with their [&hellip;]<\/p>\n","protected":false},"author":962,"featured_media":222159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[107,60208],"tags":[77406,75497,77448,73927,77057,77443],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ukraine post DOT address, hence Polkadot\u2019s Gavin Wood donates $5.7M<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/ukraine-post-dot-address-hence-polkadots-gavin-wood-donates-5-7m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ukraine post DOT address, hence Polkadot\u2019s Gavin Wood donates $5.7M\" \/>\n<meta property=\"og:description\" content=\"As the war in Ukraine continues and unfolds, with terrible consequences for the country\u2019s population, people and organizations around the world line up to donate to the Ukrainian war effort and its military force\u2019s defense of the country against their Russian adversary. People in the crypto space want to be no less generous with their [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/ukraine-post-dot-address-hence-polkadots-gavin-wood-donates-5-7m\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-01T16:01:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-18T13:06:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/ukraine-gavin-wood.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laszlo Dobos\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Laszlo Dobos\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/ukraine-post-dot-address-hence-polkadots-gavin-wood-donates-5-7m\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/ukraine-post-dot-address-hence-polkadots-gavin-wood-donates-5-7m\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/#person\",\"name\":\"Laszlo Dobos\",\"url\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/lars-dobos-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/lars-dobos-author-300x300.jpg\",\"caption\":\"Laszlo Dobos\"},\"jobTitle\":\"Reporter\",\"description\":\"Educated in computer engineering, Laszlo began developing an interest for crypto and blockchain technology back in 2013. 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