Internet Computer founder's $250M plan to help end the war in Ukraine

Internet Computer founder's $250M plan to help end the war in Ukraine

Williams' proposal is focused on using blockchain tech to counter propaganda, and incentivize the Russian population via crypto rewards to get informed on what's taking place in Ukraine. Internet Computer (ICP) and DFINITY founder Dominic Williams has conjured up an oddball plan to speed up the end of the Russian invasion of Ukraine via smart contracts and $250 million worth of crypto rewards. DFINITY’s Internet Computer was launched in May 2021 and is a public blockchain and protocol that’s trying to decentralize the internet. Williams' March 16 proposal is focused on countering....


Related News

Smart Contracts Running on Bitcoin? Internet Computer Founder Explains How It...

Upon its launch, Internet Computer took the crypto market by storm. It’s an ambitious project, supported by some major names in the industry. Designed and created by the DFINITY Foundation, it aims to give more power to the people over the Internet, and it could potentially take it into a new stage powered by its platform. Now, the Internet Computer has taken another step into the future. Its community recently voted and approved the “Increased Canister Storage” as Internet Computer continues to integrate more features and upgrade its platform. Next, the community will use the power....

Starlink Terminals Arrive in Ukraine as Elon Musk Makes Good on Promise

Spacex has managed to deliver Starlink equipment to Ukraine as promised by its founder, Elon Musk. The hardware will provide access to high-speed internet for users in the country, which has been experiencing disruptions in communications as a result of Russia’s military invasion. Ukrainians Get Starlink Internet Amid Ongoing Russian Offensive Ukraine has received a batch of terminals needed to connect to the satellite internet constellation Starlink. The network is operated by Spacex, the aerospace manufacturer founded and managed by U.S. tech entrepreneur Elon Musk, and....

Terabithia cross-chain protocol bridges Internet Computer and Ethereum

The bridge allows users to transact Ethereum native assets at faster speeds with lower cost and store them directly on-chain. On Wednesday, Psychedelic, a Web 3.0 development studio building solutions for the Internet Computer, launched Terabithia, a cross-chain contract communication and asset mirroring protocol. Beginning with the Internet Computer (ICP) and Ethereum (ETH), users will have the ability to mirror and use any ETH tokens, fungible and nonfungible, on the Internet Computer blockchain and vice versa, effectively turning ICP into a layer-two scaling solution for ETH.The....

In Less than A Week, How Internet Computer (ICP) Climbed To The Top 10

Internet Computer Price (ICP) is Dfinity’s solution to give users more control over the internet. Research firm Messari has compiled a report, written by Mira Christanto and Wilson Withiam, on this project. Launch less than a week ago, it has managed to smash its way into CoinMarketCap’s top 10 with a $36,312,740,874 market capitalization and […]

DFINITY Foundation Partners United Esports To Launch Internet Computer Gaming...

After recently implementing Bitcoin link smart contracts, the Internet Computer (ICP) ecosystem continues to expand. Via press release, its developer the DFINITY Foundation announced a partnership with United Esports to launch a blockchain-based gaming program called Achievement Unblocked. Related Reading | Smart Contracts Running on Bitcoin? Internet Computer Founder Explains How It’s Possible The program will consist of a competition series that will follow a team of developers looking to innovate in the sector. With a background in traditional software development turned to....