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A Decentralized Community Rescue Token For Humanitarian Purposes | Coinparative
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Home News Press Release

A Decentralized Community Rescue Token For Humanitarian Purposes

April 2, 2022
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A Decentralized Community Rescue Token For Humanitarian Purposes
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Ukan Token (UKAN), a rescue token built as a decentralized community for humanitarian purposes, was launched by a group of crypto activists. UKAN is committed to assisting the Ukrainian government in its recovery from Vladimir Putin’s and the Russian Army’s annihilation of the Ukrainian people.

UKAN founders are actively designing the delivery of fifty percent of UKANS directly to Ukrainian president Mr. Volodymyr Zelensky, based on the Ethereum network and available on Uniswap. Prior to today’s official debut, activists began investing in UKAN (based on word-of-mouth). The UKAN community already has hundreds of holders and a total value locked (TVL) of over $6 million as of this writing.

“Ukan Token was created to illustrate how blockchain technology can seamlessly serve humanitarian purposes,” said the token’s founder. “Our success is based upon the shared strength of individuals who wish to save an entire nation.”

According to the United Nations, Russian aggression has already cost Ukraine $100 million in infrastructure damage, including demolished homes, hospitals, transportation networks, schools, commercial districts, recreational buildings, and more.

Satellite picture analysis from UNOSAT, the United Nations satellite mapping agency, revealed that missile assaults and shelling have damaged 80 percent of the residential infrastructure in Maripol alone. Over 3.5 million people have fled their homes in Ukraine, according to the UN, with women and children accounting for over 90% of those displaced. Even if the war ended today, UKAN’s goal to rebuild, rehabilitate, and support Ukraine’s people would continue to be vital long after the bombs stopped falling.

Source: ZyCrypto

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