Welthee, a crypto investment app, is launching a fundraising campaign for all those affected by the war in Ukraine. The Romanian start-up will donate 50% of its earning from March token sales to partner organizations helping Ukrainian refugees: World Vision Romania, Save the Children Romania, and Beard Brothers Romania. The team’s goal is to raise $1 million in aid. This transformative effort looks to reinforce the key role we all can play in this heartbreaking situation.
“We can all play our part and help in this heartbreaking situation which has already affected millions of people. We stand in solidarity with the victims of this armed conflict and invite all our users to take part in this initiative. Our wish is to bring a glimmer of hope in times like these” said Cristian Voaideș, founder and CEO of Welthee.
“On behalf of my team, I’d like to thank our partners from Welthee for joining us in taking care of our suffering neighbors. All donated funds will be used to supply food, shelter, and medical and trauma support for those in need. Hundreds of volunteers and medical personnel are at the border with Ukraine, ready to aid those who had to flee their homes due to the war”, said Mihaela Nabăr, Executive Director of World Vision Romania.
Welthee is the friendly app you turn to for advice and the mentor that helps you learn your way through the crypto market. Our platform is focused on bridging the gap between the real world and the crypto world by offering a digital wallet, featuring new crypto projects, and developing a unique way of investing with variable-risk.
In times like these, when people cannot send funds through bank transfers to those in the conflict zone, having a digital wallet could potentially make a difference.
Why would a larger adoption of digital wallets make a difference?
Because people would be able to receive and use funds without bank restrictions. Currently, ordinary people or refugees are not able to use cryptocurrencies to buy, for example, food or gas. That’s because the number of shops, merchants, and people that would accept crypto as a form of payment is extremely small. This diminishes the impact of sending crypto to people caught in the conflict zone. Things are slowly changing, at least at a larger scale. According to Forbes.com, in just a few days Ukraine has received millions in BTC and ETH. But the recipients are primarily large government organizations that can more easily use these funds.
Hence, the team at Welthee sees their mission – to grow the adoption of their crypto wallet which will offer variable-risk investments – as part of the solution to this crisis. The purpose of this fundraiser is two-fold. Welthee is eager to help as many people affected by the war while also raising awareness that digital wallets could be part of the solution during such humanitarian crises.
How can you get involved?
- Download the Welthee app for iOS or Android. One easy step that will open your doors to the world of blockchain and digital wallets. If you already have the app, please make sure you have the latest update.
- When opting to buy WELT, you will be prompted to select the organization where you’d like Welthee to donate. After you complete your WELT investment, you receive all the tokens you bought, while Welthee will donate 50% of that amount from our earnings to the specified organization.
The donations will be paid out at the end of the campaign for all WELT earnings received between March 4th and the 31st. The payouts will be made out to the partner organizations in early April on a mutual agreement between Welthee and the partnering organization.