Polygon co-founder launches Nepal crypto relief drive after glacier-collapse floods

  • Sandeep Nailwal launched a crypto donation platform for Nepal's Prime Minister Disaster Relief Fund.
  • The platform raised $168,176, while Blockchain For Impact pledged an additional $100,000.
  • The Aug. 26 disaster killed over 1,250 people and affected 84,270 people, the UN said.

Polygon co-founder Sandeep Nailwal launched nepalrelief.org on Sept. 4, 2026, creating a cryptocurrency donation channel for Nepal's Prime Minister Disaster Relief Fund after an Aug. 26 glacier collapse triggered deadly floods. The platform accepts tokens across blockchains, converts them into USDC and routes proceeds to the government fund, with donations trackable in real time through a public on-chain wallet. It had raised $168,176 when reported, while Blockchain For Impact pledged $100,000. Built with Polygon's Open Money Stack, the system handles routing and bridging before pooling contributions in a public wallet on Ethereum or Polygon. Engage Nepal, a U.S.-registered 501(c)(3) led by former US Ambassador to Nepal Scott DeLisi, handles collection and accounting. Open Money Stack manages bridging, routing and conversion; Cross River Bank handles fiat transfers to Nepal; and Coinme provides payment infrastructure and crypto cash. Ripple pledged $300,000, while the Solana Foundation and NFT marketplace Mallow raised $166,946.50 through auctions. The disaster affected seven districts, destroyed 41 bridges, severely damaged 42 kilometers of roads and caused the loss of six hydropower plants. A Sept. 4 United Nations statement said more than 1,250 people were killed, thousands remained missing and 84,270 people were affected. Nailwal's campaign has not announced a schedule for converting pooled crypto or sending batches to the government fund, although transactions remain verifiable on-chain.

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