Verge Currency joins up with Binance to send XVG to Japanese flood victims
Verge Currency (XVG) has announced that it will be joining with cryptocurrency exchange Binance in its initiative to raise funds to help the victims of the recent severe flooding in Japan.
According to Verge, this is an opportunity for the global cryptocurrency sector to “unite” as a “global #crypto family” to help the suffering Asian nation.
Heavy rainfall over the weekend has caused flooding and mudslides in the west of Japan. At least 100 people are known to have died, and dozens more are still missing.
Binance CEO Changpeng Zhao yesterday pledged that his exchange would donate $1 million in BNB, Bitcoin or yen to help the rescue efforts. He also called on the broader cryptocurrency community to “join us and help our friends in need.”
Our hearts go out to the victims in West Japan. @binance will begin with a $1,000,000 USD equivalent donation in either BNB, BTC, or JPY. We also ask our crypto partners to join us and help our friends in need.
— CZ (not giving crypto away) (@cz_binance) 8 July 2018
Verge onboard for rescue efforts
Verge Currency at least have heeded the call. XVG has had something of a rocky time in 2018, though one of its undoubted strengths is its passionate and loyal community, the “VergeFam”. According to Verge this community is a “global family” and that it is “time we unite and help the [flood] victims get back on their feet.”
— vergecurrency (@vergecurrency) 8 July 2018
For their part, the VergeFam appears to be thoroughly in support of the plan, though one Reddit user, referring to Verge’s previous crowdfunding appeal to raise 75 million XVG for “the biggest partnership in cryptocurrency history,” noted that he had “spent all my money donating to partner with a porn company.”