The Anti-Coronavirus Foundation will be looking to the cryptocurrency industry to find donations for its cause.
As of now, not many people know about the virus or what it could bring about. All that is known is that this virus has killed many before and they’re looking for ways to prevent this from occurring.
This foundation, which was just recently founded, has Yury Myshinskiy, the CEO and co-founder of CryptOcean, as chairman.
Interestingly, in raising funds for its cause, the project is developing its own blockchain and cryptocurrency with the name of CRON. CRON will be run by CryptOcean and is registered in Switzerland – a space that is incredibly friendly to non-profit organizations such as this.
“The blockchain platform will allow anyone to send funds to finance future research. Initially, developers are considering cryptocurrency donations, but, a Coinstelegram report referring to the official website of the project, suggests support for fiat donations will appear in the near future,” reads a press release on the matter.
As of now, they’re also looking to build a $30,000,000 reward pool for anyone who can create a vaccine for the coronavirus. That will then be mass-produced and spread to all of those affected around the world.