Floki partners with the Binance Charity to help victims of the Turkish earthquake. Floki raised 49.75 ETH from the sale of Turkish earthquake relief NFT.
Floki Partners with Binance Charity to Support Victims of the Turkish Earthquake
Turkey has recently experienced a natural disaster in the form of an earthquake, and they require aid from across the world. Many countries and international organizations have contributed to the recovery efforts, and this aid has been critical to Turkey’s progress.
Binance Charity, an organization committed to providing assistance to those in need, has joined the relief efforts in Turkey.
In partnership with Floki, a cryptocurrency with a charitable arm, they donated 39.8 ETH (equivalent to $71,380) to the victims of the earthquake, with 20% of the proceeds being given to Floki’s Turkish team members.
Binance Charity is responsible for distributing the funds to the earthquake victims. The partnership between Floki and Binance Charity has been well received, with the community praising the collaboration as a great example of teamwork. As of now, it is unknown how the funds were received by the victims and how they were utilized to improve their lives.
Floki’s Tweet:
What is Floki Inu?
Initially starting as a meme-coin based on Elon Musk’s dog, Floki has now evolved into a comprehensive web3 project encompassing decentralized finance, NFTs, and the Metaverse.
It is commonly known as “The People’s Crypto,” and its team has transformed it from a once-unimportant meme-coin into something much more significant.
The FLOKI token associated with the project is a multi-chain token that operates on both the Ethereum and Binance Smart Chain (BSC) blockchains, being ERC-20 and BEP-20 compliant. FLOKI token holders can effortlessly bridge between the two chains, utilizing either blockchain to store and transact with their tokens.
What is Binance Charity?
Binance Charity is a blockchain-powered donation platform that aims to help people in need worldwide. It is the philanthropic arm of Binance, one of the world’s largest cryptocurrency exchanges.
Binance Charity uses blockchain technology to enable transparency and traceability in charitable giving, ensuring that donations go directly to the intended recipients. It also allows donors to track their contributions and see how their donations are being utilized.
Through its various initiatives, Binance Charity has provided aid to people affected by natural disasters, pandemics, and other crises. It has also launched several long-term projects to improve access to education, healthcare, and other basic needs in underprivileged communities around the world.
Binance Charity and 2022
In 2022, Binance Charity donated over $15 million worth of crypto, the most impactful year in the organization’s history, helping over half a million people across 46 countries.
Binance Charity worked with partners like UNICEF and USA for UNHCR to provide aid to conflict-ridden Ukraine. Thanks to Binance Charity’s initiatives, 423,358 refugees received aid.
Binance Charity also provided education resources, offering scholarships to 71,205 people and contributing over $3.5 million to increase access to Web3 education, powering a total of 293,217 hours of education.
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