Binance Charity and Integro Foundation raise $1 million for PPEs
More donations can be expected.
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Binance Charity and Integro Foundation raised $1 million to donate personal protective equipment to frontline workers.
A total of 500,000 KN-95 masks will be distributed to workers in the Brazilian Amazon, Argentina, Chile, Mexico, Venezuela, Peru, Ghana, Nigeria, South Africa, Bermuda, Barbados, St. Lucia, Haiti, Bahamas, the Dominican Republic, the Navajo nations, Russia and Puerto Rico. The initiative is part of the Crypto Against COVID campaign.
Integro, founded in Puerto Rico in 2015, committed $333,000 to the initiative with Binance Charity matching that amount 2:1, the foundation said in a statement sent to Cointelegraph. Brock Pierce, chairman of the board of Integro and a U.S. presidential candidate, said more donations could be expected.
“Binance Charity is a global large-scale organization that relies on digital currency donations. We’re very grateful that Binance Charity has partnered with Integro Foundation to turn their focus on to Puerto Rico, and provide support during the COVID-19 pandemic. Our goal is to continue to bring more donations and relief efforts to the Caribbean Islands through these partnerships.”
The crypto community has been active in raising funds to help COVID-19 relief. The industry also believes the pandemic can help accelerate adoption of crypto and blockchain technology.