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Vilnius, Lithuania, March 2022: UkrainianPool kickstarts the first-in-the-world not-for-profit ISPO crypto fundraising project to support the needs of Ukrainians affected by the war. The project was developed by 4 Initiative Creators - Ugnius Šeškas and Karolis Gogaitis, Principal Partners of Beckton Group, Laura K. Inamedinova, Founder & CEO of LKI Consulting, and Paulius Vaitkevičius, Founder & CEO of VILP Solutions. Instead of providing commercial benefits to the community members participating in the fundraising, they call the international crypto community to stake their crypto funds with block rewards being directly transferred to the Ukrainian government.
“Blockchain has always been about freedom - freedom of choice and freedom of expression. We stand with the people of Ukraine and commit to unite the unstoppable crypto community worldwide, supporting Ukrainians fighting for their truth, power, and liberation,” emphasized Laura K. Inamedinova, Founder & CEO of LKI Consulting and Initiative Creator of the project.
The project currently runs on Cardano ecosystem and uses the blockchain’s embedded feature to validate transactions through the stake pools and issue rewards for each validated transaction in the form of financial support for Ukraine. Any community member willing to join the initiative can stake their crypto currency directly in the Daedalus or Yoroi wallets without losing any personal funds. The locked funds are linked to a specific stake pool and can be withdrawn at any time. The more funds are staked in the pool - the more funds can be raised for Ukrainians in need.
“The format of the ISPO fundraising is not new to the
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