Laura K. Inamedinova is a marketing agency CEO from Lithuania who started early with ICOs, a journey that has led her to launch UkrainianPool, an initial staking pool offering raising money for the Ukrainian government.
Inamedinova got into ICOs right out of university in 2016 and is shy to mention the name of the first crypto fundraising project she worked for. “There were definitely not only bad projects, but you didn’t know at that time,” she explains, referring to the early days of the industry. “You didn’t know that anything was off at the time,” she says with a chuckle.
Inamedinova’s early plunge into the industry may not have met with success, but after a number of more successful projects such as Waves and CoinGate, her experience has led to a most interesting development: a humanitarian fundraiser in collaboration with the Ukrainian government.
UkrainianPool is a Cardano staking pool that works by allowing anyone to deposit Cardano into the pool, which grows at 5% per year, according to Cardano’s staking rewards schedule. Inamedinova explains that this form of charitable support is effectively risk-free because staked tokens can be un-staked at any time and never leave the owner’s wallet. Inamedinova explains:
“Every five days, accumulated rewards get passed on to the Ukrainian government’s wallet.”
The project became possible after Inamedinova, who was close to a DeFi project that incorporated the ISPO strategy, came to the realization that the staking pools could be used for charity. She…