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Blockchain gaming community raises $1.4M to help typhoon victims

Blockchain gaming community raises $1.4M to help typhoon victims


The Philippines, a country that’s already been struggling to get back on its feet because of COVID-19, has been hit by a catastrophic super typhoon. Back on Dec. 16, 2021, the typhoon hit landfall and went on a rampage for four days, leaving 334 cities and municipalities in a state of calamity. 

As of Jan. 1, more than 4 million individuals were either displaced or injured, with 407 dead and 88 still missing, according to the Philippines’ National Disaster Risk Reduction and Management Council.

A day after the typhoon hit the country, play-to-earn gaming group Yield Guild Games (YGG) organized a donation drive to help the victims get relief and rebuild. 

The response was overwhelmingly positive. Gamers paused and saved to take a moment to contribute. Leading the relief efforts, YGG Philippines country manager Luis Buenaventura told Cointelegraph that with the help of the community, donations reached $1.4 million. 

“Within the first hour we had exceeded $100k, and within the first day, we were at $300k. It’s now been three weeks and donations continue to come in. As of yesterday, we’ve raised over $1.4M purely from community crypto donations,” said Buenaventura. 

Related: NFT gaming generated $2.32B in Q3 — BGA report

According to Buenaventura, their team will devote the funds to relief efforts, with groups on the ground going into affected areas to distribute food, drinking water, medicine, solar lights and power generators, as well as rebuilding.

The rebuilding initiative consists of a direct cash assistance program where the team sends fiat directly to affected households. 

Buenaventura said that they were able to reach 1,600 households and have enough resources to cover at least another 3,000. “Although that may sound like a lot, initial estimates indicate that over 55,000 homes were destroyed by the typhoon so we still have a long way to go,” he added.