A sharp spike in gas fee on Ethereum; is Russia-Ukraine conflict to be blamed - BitcoinEthereumNews.com
Source: pro.nansen.ai For its part, RELI3F appeared to pat itself on the back, and ट्वीट किए, “And we are sold out. 0.05 eth x 37 artists x 200 editions = 370 eth. Over a million dollars raised for the people of Ukraine in 30 seconds. This is the power of web3. From the bottom of our hearts, thank you.” While impressive, many donators were disappointed by the money they lost on gas fees, claiming the funds could have gone to the Ukrainian people instead. Crypto donations have been a popular option for those who want to financially support Ukrainian relief groups or even the military. One estimate reported that more than $4 million had been sent in Bitcoin donations to the army. Are you a DAO-ting Thomas? NFTs have diverse use cases, but ‘humanitarian tools for fundraising’ is certainly an unexpected one. Just this month, a group of self-identified “cypherpunks” came together to create AssangeDAO. The DAO raised over $45 million in ETH to bid on an NFT and raise funds for Wikileaks founder Julian Assanges legal defense. However, critics of NFT-based fundraising have lamented the loss of donations through extravagant gas fees. Adding to that, the World Wildlife Funds recent foray into the NFT industry with its