Ethereum co-founder Vitalik Buterin has sold off large amounts of the Shiba Inu (SHIB), AKITA (AKITA) and Dogelon Mars (ELON) that were gifted to him, and donated the proceeds to charitable organisations.<\/p>\n
Initially, the founder of the second-largest cryptocurrency sent<\/a> 49.3 trillion AKITA (more than $400 million at the time of the transaction) to the Gitcoin address, a platform for open-source software development.<\/p>\n The next step for Buterin was transferring more than 50 trillion SHIB (over $1 billion) to a fund to combat the COVID-19 pandemic in India. It was founded by Sandeep Nailwal, the developer of an Ethereum-layer-2 solution called Polygon. On April 26, Buterin donated $600,000<\/a> in cryptocurrency to this fund.<\/p>\n Thanks @VitalikButerin<\/a> <\/p>\n One thing we have learnt from Ethereum and @VitalikButerin<\/a> is importance of community<\/p>\n We will not do anything which hurts any community specially the retail community involved with $SHIB<\/a><\/p>\n We will act responsibly!<\/p>\n Plz dont worry $SHIB<\/a> holders. https:\/\/t.co\/M4GxTR0JAn<\/a><\/p>\n \u2014 Sandeep \u2014 Polygon(prev Matic Network) (@sandeepnailwal) May 12, 2021<\/a><\/p><\/blockquote>\n \n