The founder of the Web3 social video platform Cheelee jointly launched a $200 million "Crypto Winter Unity Fund."

ChainCatcher news, Roman Alekseev, the founder of the Web3 social video platform Cheelee, announced the joint launch of a $200 million "Crypto Winter Solidarity Fund" with the Web2 mobile application NUTSon to support affected global cryptocurrency exchanges and restore the trust of a wide audience in cryptocurrency trading platforms.

Roman Alekseev stated, "A stable, predictable, and healthy cryptocurrency industry benefits everyone, while turmoil and industry earthquakes only cause harm and losses." Currently, the fund is collecting information on cryptocurrency exchanges that need financial support due to market impacts to provide assistance. (Tech Bullion)