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CZ Pledges $10 Million to Support Vitalik Buterin's Open-Source Vaccine Initiative

CZ Pledges $10 Million to Support Vitalik Buterin's Open-Source Vaccine Initiative

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by Giorgi Kostiuk

8 days ago


A closed-door meeting in Hong Kong featured major blockchain figures discussing funding and technological advances. The event focused on practical steps in advancing Web3 and decentralized governance while supporting long-term projects.

Key Financial Support and Technological Innovations

CZ announced a planned donation of $10 million to support an open-source vaccine initiative led by Vitalik Buterin. This contribution is seen as a commitment to applying blockchain resources for global health solutions.

Long-Term Vision and Strategic Investment

YZi Labs expressed its support for teams concentrating on long-term value creation over short-term profit. The lab underscored the importance of investing in projects that provide lasting solutions, reflecting a cautious investment approach.

Support for Startup Growth and Ecosystem Development

BNB Chain organized the event during the Hong Kong Web3 Festival to foster the growth of emerging blockchain projects. A group of 16 early-stage teams was selected for the Most Valuable Builder Accelerator Program, allowing for productive discussions on essential blockchain infrastructure.

The event served as a demonstration of how financial support, practical technology applications, and strong investment strategies can contribute to meaningful advancements in the blockchain community.

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