The Rock and Oprah Winfrey Launch Crypto Fund to Help Wildfire Victims in Maui
American actor Dwayne Johnson, also known as The Rock, and talk show host Oprah Winfrey have teamed up to launch the People’s Fund of Maui, an initiative aimed at assisting those affected by the devastating wildfires in Maui, Hawaii. The fund accepts donations in cryptocurrencies and is accessible to contributors worldwide.
Key Points:
- The fund will provide financial aid directly to individuals affected by the wildfires in Lahaina and Kula.
- Adult residents in these regions are eligible to receive $1,200 per month to support their recovery.
- The Rock and Oprah Winfrey kickstarted the campaign by donating $10 million.
- Donations can be made in both fiat currencies and various cryptocurrencies.
- The cryptocurrencies accepted by the fund include Bitcoin, Ether, Solana, Polkadot, Polygon, Litecoin, Dogecoin, Shiba Inu, and more.
Crypto’s involvement in charitable causes extends beyond the wildfires in Maui. In 2023, cryptocurrency exchanges such as Binance, Bybit, BitMEX, and Bitfinex provided aid to regions affected by devastating earthquakes in Turkey and Syria. Binance, in particular, distributed $5 million worth of BNB to affected Turkish users. Additionally, the crypto community has donated millions of dollars in digital assets to support Ukraine’s military efforts against Russia.
Hot Take:
The involvement of high-profile figures like The Rock and Oprah Winfrey in launching a crypto fund for wildfire victims highlights the growing acceptance and utility of cryptocurrencies in charitable endeavors. As crypto continues to gain mainstream recognition, its ability to provide immediate financial assistance and enable global contributions becomes increasingly evident.
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