PO8, a blockchain firm headquartered within the Bahamas, is asking the crypto and blockchain communities to assist them convey aid to the victims of Hurricane Dorian. The agency made its attraction in a weblog submit on Sept. 2.

Hurricane Dorian brings devastation to the Bahamas

On Sept. 3, CNBC reported on hurricane Dorian, because the immense storm introduced devastation to the islands on Monday and Tuesday. Satellite tv for pc pictures gave a primary take a look at the heavy flooding throughout the Bahamas and additional present that greater than 60% of the Grand Bahama island is now submerged.

PO8 desires to convey aid to the victims of Hurricane Dorian

PO8 has witnessed the devastation first hand and is asking the crypto and blockchain communities to assist rebuild and restore essentially the most impacted islands of the Bahamas. A current submit on the PO8 web site states:

“PO8 has pledged 1 billion PO8 tokens to hurricane aid efforts. For each greenback value of crypto donation, PO8 will match it 100%.”

In line with CoinGecko, one PO8 token = 1 Bitcoin (BTC). Crypto donations might be made with Bitcoin or Ethereum (ETH). Money donations will also be made on the PO8 GoFundMe web page.

PO8’s blockchain platform goals to democratize entry to marine archeological artifacts by establishing their provenance and stopping their sale.

Charity and crypto

Cryptocurrency and blockchain expertise are more and more being utilized for charitable efforts. Following the Notre Dame cathedral hearth earlier this yr, France’s Minister of State for the Digital Sector Cédric O mentioned he was open to cooperating with cryptocurrency platforms for donations to reconstruct the cathedral.

In an August report, impartial public charity Constancy Charitable mentioned that it has obtained $100 million in cryptocurrency donations because it started accepting cryptocurrency in 2015.

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