Truckers protesting the COVID-19 vaccine mandate in Canada have turned to Bitcoin-based crowdfunding platform Tallycoin, following a barrage of mounting political pressure from all sides that culminated in GoFundMe axing their “Freedom Convoy Campaign.”
GoFundMe pulled the campaign and $9 million in donations on Friday in response to reports of violence, which it claimed broke its terms of service. Initially, donors needed to apply to have their funds refunded. However, following a flurry of criticism, the platform backtracked on Saturday, deciding it would automatically refund donors instead.
Shortly after GoFundMe axed the campaign, a group of the organizers moved their efforts to Tallycoin, a crowdfunding platform built on the Bitcoin (BTC) blockchain. “Legacy financial infrastructure can sometimes be politicized and clamped down upon, whereas Bitcoin is a truly censorship resistant method of communicating value,” stated the new fundraising page.
As it currently stands at the time of writing, $321,111 had been donated to the Tallycoin fundraiser — only a fraction of the $9 million raised on GoFundMe. It also remains to be seen whether the funds raised on Tallycoin will be subject to the same governmental and political pressure when converted into fiat currency.
We have just received a donation of over 2 BTC. Total amount contributed is now ~5.68 BTC or $300,000 CAD. pic.twitter.com/wvCqmaRFPZ February 6, 2022
The Freedom Convoy Campaign initially started in mid-Jan as a fundraiser on GoFundMe for cross-border truckers in Canada protesting vaccine requirements. Since then, it has turned into an all-encompassing rallying point against prescriptive public health measures, including lockdowns and mask requirements.
This isn’t the first time governments or big tech has issued mandates on who can or cannot receive money based on politics. GoFundMe also froze $160,000 in funds until organizers of Convoy to Canberra detailed a spending plan on Jan. 31.
Shortly before the initial Freedom Convoy Campaign was axed, it had reportedly become the fifth most successful in GoFundMe’s history.
A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 Ether (ETH) or around $38.8 million at current prices.
Assange is currently fighting extradition to the United States following a court ruling in December that overruled a British court ruling barring extradition. He is currently locked up in a London prison where he has been since 2019.
Donations started rolling in on Friday, according to JuiceBox, the community funding platform hosting the campaign. Funding accelerated over the weekend, doubling over the past 24 hours to the current level.
According to the AssangeDAO Twitter feed, it is now the largest JuiceBox Ether raise in history, exceeding ConstitutionDAO’s, which raised funds in November to purchase an original copy of the United States Constitution.
The comparison has been made in ETH terms, which was priced much higher in November. Back then, the dollar value raised by ConstitutionDAO was around $49 million. AssangeDAO is described as a “collective of cypherpunks” aiming to raise ETH in return for JUSTICE governance tokens. These will be used to bid on a nonfungible token collection called “Censored” by digital artist Pak in collaboration with Julian Assange.
The proceeds from the sale will go toward Assange’s defense fund for “legal fees and campaigning to raise awareness about Julian’s extradition case.”
American internet media and entertainment company Buzzfeed has revealed the identities of two of the four original “Bored Ape Yacht Club” (BAYC) nonfungible token (NFT) collection founders “Gordon Goner” and “Gargamel” as being Greg Solano and Wylie Aronow in real life.
Journalist Kate Notopoulos authored the Friday article, which was entitled “We Found The Real Names Of Bored Ape Yacht Club’s Pseudonymous Founders.”
Notopoulos was able to uncover the pair’s identities by searching the publicly available records of Yuga Labs, the company behind the collection. Yuga was incorporated in Delaware with an address associated with Solano, while other records point to Aronow.
The tech reporter argued that “there are reasons why in the traditional business world, the CEO or founder of a company uses their real name and not a pseudonym,” adding that “the people behind BAYC are courting investors and running a business that is potentially worth billions.”
“How do you hold them accountable if you don’t know who they are?”
Executives of publicly traded companies must be named in United States Securities and Exchange Commission disclosures and reports. As for smaller private companies, banking regulations and Know Your Customer laws require executives to use their real names in many cases.
“These laws are in part to prevent terrorists, criminals, or sanctioned nations from doing business in the US,” wrote Notopoulos.
However, the non-consensual exposure of Aronow and Solano’s identities has raised impassioned criticism from members of the Web3 community, who are describing the article as “doxxing” rather than appropriate journalistic practice.
This Daily Dose was brought to you by Cointelegraph.