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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: CryptoWebDirectory on January 04, 2022, 10:50:25 AM



Title: [2022-01-04] Blockchain gaming community raises $1.4M to help typhoon victims
Post by: CryptoWebDirectory on January 04, 2022, 10:50:25 AM
I don't hold any $YGG, but I think a special shout out to Yield Guild Games (YGG) is due for putting this kind of thing together. It's heartwarming to see a community come together to help typhoon victims. Donations reached $1.4 million which can do a lot of good!

Gamers united to help with the relief and rebuilding efforts for victims of typhoon Rai, also known as typhoon Odette, in the Philippines.

Full Article on Cointelegraph (https://cointelegraph.com/news/blockchain-gaming-community-raises-1-4m-to-help-typhoon-victims)

Some key points...
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The Philippines, a country that’s already been struggling to get back on its feet because of COVID-19, has been hit by a catastrophic super typhoon. Back on Dec. 16, 2021, the typhoon hit landfall and went on a rampage for four days, leaving 334 cities and municipalities in a state of calamity.

As of Jan. 1, more than 4 million individuals were either displaced or injured, with 407 dead and 88 still missing, according to the Philippines’ National Disaster Risk Reduction and Management Council.

A day after the typhoon hit the country, play-to-earn gaming group Yield Guild Games (YGG) organized a donation drive to help the victims get relief and rebuild.

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The response was overwhelmingly positive. Gamers paused and saved to take a moment to contribute. Leading the relief efforts, YGG Philippines country manager Luis Buenaventura told Cointelegraph that with the help of the community, donations reached $1.4 million.

“Within the first hour we had exceeded $100k, and within the first day, we were at $300k. It's now been three weeks and donations continue to come in. As of yesterday, we've raised over $1.4M purely from community crypto donations,” said Buenaventura.

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Buenaventura said that they were able to reach 1,600 households and have enough resources to cover at least another 3,000. “Although that may sound like a lot, initial estimates indicate that over 55,000 homes were destroyed by the typhoon so we still have a long way to go,” he added.