It's a good example but again the fund is central and people can't check how the donation money is used, I was expecting a multi-signature address but what is done is the database management by binance.charity/
It's great that Binance have donated $10 million, but I don't understand why they are asking people to donate to them. Why would I hand my personal details over to Binance and give them details of where my donation is coming from, for them to no doubt use some of it to cover their administrative costs, before then passing it on to organizations operating in Ukraine with no oversight, when I could just donate to the organizations I want to donate to directly? Even the Ukrainian government have their own crypto donation addresses. Is the whole thing not just set up so Binance can say "Look how great and charitable we are" when in reality it would be better for people to just bypass them and donate directly?
Maybe its also a win win scenario though, they got to donate to Ukraine but they also have to announce it to the media how great and trustworthy they are. But since the Ukraine government itself has its own crypto address, then you can donate directly to them. But i have read those fun raising projects for Ukraine, actually Binance should also be credited for that for being so humanitarian. You can read it here: