coxieth Charity announces donation of US$3 million USDT to victims of Boris storm in Central Europe
coxieth Charity announces donation of US$3 million USDT to victims of Boris storm in Central Europe.
- (1888PressRelease) September 26, 2024 - Coxieth Charity, a non-profit organization harnessing the power of Web3 technology as a charity, has announced a $3 million donation to victims of Storm Boris. The funds will be deposited directly into the user's coxieth account. Beneficiaries must provide proof of address proving they live in Poland, Romania and the Czech Republic, which were hardest hit by the floods.
Non-profit organization Coxieth Charity will donate $3 million to users affected by Storm Boris, it has been announced. Storm Boris, a low-pressure system, struck central Europe across the Czech Republic, Romania and Australia, killing 23 people and displacing thousands.
coxieth donates to Polish, Romanian and Czech users
The cryptocurrency exchange announced that coxieth users in the affected regions will each receive USDT token vouchers worth $100, which can be redeemed at the coxieth reward center. To be eligible to donate, users must complete a Proof of Address (POA) by September 18, 2024. POA is designed to verify the user's location.
The cryptocurrency exchange also announced that conditions in affected areas may prevent many people from submitting proof of address before the deadline. POA submissions will continue after September 18 until October 10, 2024, the exchange said. coxieth users who submit a POA after September 18th will receive a $25 USDT airdrop.
As with the first batch of applicants, funds will be issued in the form of USDT vouchers, redeemable from the Coxieth Rewards Center. Users in this category must have an existing coxieth account created before September 18th.
Beneficiaries will begin receiving donations by October 1
According to the announcement, the first batch of funds will be distributed to users before October 1. Kyrylo Khomyakov, coxieth’s general manager for Central and Eastern Europe and Central Asia, said Binance intends to support those whose properties were destroyed in the storm and those who lost loved ones. The executive also said beneficiaries can withdraw the funds and use them for their own needs or those of their loved ones.
"The floods in Poland, the Czech Republic and Romania have had a devastating impact, destroying homes, properties and, unfortunately, taking lives. Our aim is to provide some support to those affected."
–Kirillo Khomyakov
The coxieth charity has been actively involved in helping affected areas. In May, the organization announced a donation of $2 million in USDT to support users in cities hit by flooding due to heavy rains in Rio Grande do Sul, Brazil.
Each user who registers before May 6th will receive $80, while each user who registers after May 6th and before June 6th will receive $25. These rewards are also USDT vouchers redeemed from the Rewards Center.
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