ETH-Based Developer Crowdfunding Platform Joins Fight Against Coronavirus

Cointelegraph

Published Mar 15, 2020 02:04PM ET

Updated Mar 15, 2020 03:40PM ET

The proliferation of cryptocurrency companies seeking to donate or raise funds for coronavirus relief efforts continues. Ethereum-based crowdfunding platform, Gitcoin, is advancing this trend by pledging at least $50,000 in development grants toward coronavirus-related initiatives.

On March 14, Gitcoin tweeted that its fifth round of grants already has $50,000 committed toward “public health” initiatives. However, it is seeking to reach a minimum of $100,000, with the goal of distributing sufficient funds to multiple efforts.

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