Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Ukan Token (UKAN), a rescue token built as a decentralized community for humanitarian purposes, was launched by a group of crypto activists. UKAN is committed to assisting the Ukrainian government in its recovery from Vladimir Putinâs and the Russian Armyâs annihilation of the Ukrainian people.
UKAN founders are actively designing the delivery of fifty percent of UKANS directly to Ukrainian president Mr. Volodymyr Zelensky, based on the Ethereum network and available on Uniswap. Prior to todayâs official debut, activists began investing in UKAN (based on word-of-mouth). The UKAN community already has hundreds of holders and a total value locked (TVL) of over $6 million as of this writing.
âUkan Token was created to illustrate how blockchain technology can seamlessly serve humanitarian purposes,â said the tokenâs founder. âOur success is based upon the shared strength of individuals who wish to save an entire nation.â
According to the United Nations, Russian aggression has already cost Ukraine $100 million in infrastructure damage, including demolished homes, hospitals, transportation networks, schools, commercial districts, recreational buildings, and more.
Satellite picture analysis from UNOSAT, the United Nations satellite mapping agency, revealed that missile assaults and shelling have damaged 80 percent of the residential infrastructure in Maripol alone. Over 3.5 million people have fled their homes in Ukraine, according to the UN, with women and children accounting for over 90% of those displaced. Even if the war ended today, UKANâs goal to rebuild, rehabilitate, and support Ukraineâs people would continue to be vital long after the bombs stopped falling.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.