IPL teams purportedly introducing fan tokens

Subsequent to soccer clubs worldwide, cricket teams in India are getting prepared to take advantage of the latest internet fad – fan tokens. As per a report, the next edition of the Indian Premier League (IPL) could see a surge of fan tokens from teams partaking in the tournament. Fan tokens are a subset of…

Amid the Coronavirus pandemic, donors use crypto for philanthropy

A tweet from Sandeep Nailwal on Saturday started all this. “Can’t take this sitting down anymore, I am going to run a Covid relief campaign… Need help from the global crypto community. I will take full responsibility for transparency, funds’ usage, and regulatory compliance”. COO and co-founder of Polygon Sandeep Nailwal has asked to donate…

India gets Rs 4.5 crore from Ethereum co-founder for Covid relief

Vitalik Buterin, the co-founder of Ethereum, recently posted a link that confirms the transaction to Sandeep Nailwal, an Indian entrepreneur who initiated the campaign. The link is the proof of the transfer of 100 MKR and 100 ETH, which is approx. equal to Rs. 4.5 crore ($606,110). The amount is to be used for COVID-19…