Japanese Firms Collect Crypto Donations for Earthquake Victims
Some of Japan’s biggest crypto firms are building donation platforms to help victims of the Noto Peninsula earthquake.
Per the Japanese news outlet CoinPost, crypto donors have already given “tens of millions of yen” worth of tokens to charities aiding earthquake victims.
These include the likes of HashPalette, a part of the HashPort Group, a full member of the Japan Crypto Asset Business Association (JCBA). In a post on X (formerly Twitter), HashPalette wrote:
“All cryptoassets donated will be converted into Japanese yen, excluding gas and taxes, and donated to the [Central Community Chest of Japan]’s [relief fund]. After the donation is completed, the results will be posted on the official HashPalette website.”
We would like to extend our deepest sympathies to all those affected by the 2024 Noto Peninsula earthquake in Japan.
In order to ensure that as much global support as possible reaches the affected areas as soon as possible, Palette Chain has launched the "#web3prayforjapan"… pic.twitter.com/RhcmG6Uxyn
— Palette（パレット） (@hashpalette) January 3, 2024
The firm and others have launched a campaign named #web3prayforJapan.
Eight blockchain networks have set up donation channels.
Namely, these blockchain protocols are: Palette, TRON, Cardano, Polygon, Neo, Qtum, the Mask Network, and IOST.
The earthquake devastated the peninsula on January 1, causing tidal flooding, landslides, aftershocks, and fires.
Japanese officials say over 60 people died in the quake, although rescue teams continue to search for survivors – and bodies.
Officials have said that it could take “years” to rebuild some of the villages that were reduced to rubble by the quake.
NEMTUS has spearheaded another campaign, which allows donors to give coins on the Symbol
