Blockchain video gaming neighborhood raises $1.4 M to assist tropical cyclone victims

The Philippines, a nation that’s currently been having a hard time to return on its feet since of COVID-19, has actually been struck by a devastating incredibly tropical cyclone. Back onDec 16, 2021, the tropical cyclone struck landfall and went on a rampage for 4 days, leaving 334 cities and towns in a state of disaster.

As ofJan 1, more than 4 million people were hurt or either displaced, with 407 dead and 88 still missing out on, according to the Philippines’ National Disaster Risk Reduction and Management Council.

A day after the tropical cyclone struck the nation, play-to-earn video gaming group Yield Guild Games (YGG) arranged a contribution drive to assist the victims get relief and reconstruct.

The action was extremely favorable. Gamers conserved and stopped briefly to take a minute to contribute. Leading the relief efforts, YGG Philippines nation supervisor Luis Buenaventura informed Cointelegraph that with the aid of the neighborhood, contributions reached $1.4 million.

“Within the first hour we had exceeded $100k, and within the first day, we were at $300k. It’s now been three weeks and donations continue to come in. As of yesterday, we’ve raised over $1.4M purely from community crypto donations,” statedBuenaventura

Related: NFT video gaming created $2.32 B in Q3– BGA report

According to Buenaventura, their group will commit the funds to relief efforts, with groups on the ground entering into impacted locations to disperse food, drinking water, medication, solar lights and power generators, in addition to restoring.

The restoring effort includes a direct money support program where the group sends out fiat straight to impacted homes.

Buenaventura stated that they had the ability to reach 1,600 homes and have adequate resources to cover a minimum of another 3,000. “Although that may sound like a lot, initial estimates indicate that over 55,000 homes were destroyed by the typhoon so we still have a long way to go,” he included.



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