South Korea-based gaming company Wemade has announced that it will donate $100 million in cryptocurrency to UNICEF over the next 100 years. Donations will be made in the form of $1 million each year. WEMIX was chosen for the cryptocurrency to be paid.
Wemade Donates $100 Million WEMIX to UNICEF
Wemade will donate to UNICEF in the WEMIX cryptocurrency for the next 100 years. The annual value of the donations is $1 million in total. In other words, the company will donate $100 million in cryptocurrency to UNICEF at the end of 100 years. The name of the agreement signed between the two was announced as “100 Years Promise”.
The donation will go to UNICEF’s Reimagine Education project and children’s education programs like other children’s rights projects around the world.
Making a statement on the subject, UNICEF Korea official Lee Ki-cheol said:
“The inequality in digital technology will have deadly effects as children grow up and try to build their own futures. We thank Wemade for 100 years of social dedication”
Henry Chang, CEO of Wemade, said in his statement:
“Instead of participating as a one-time contribution, we made a ‘100 Year Promise’ to realize the sustainable development of the educational environment”
By the way, if we look at the performance of WEMIX lately,
According to CoinGecko’s data, WEMIX is trading at $2.27 as of the writing of the news. The loss of a crypto currency, which has lost 2.5% in the last 24 hours, is 17.8% in the last 7 days. Meanwhile, WEMIX draws attention with its 305.5 percent gain in value in the last 1 year. The cryptocurrency had made an ATH at $24.71 during the bullish period in November 2021.
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