Back in 2021, Vitalik Buterin received trillions of SHIB tokens, and even though he burned some, he also kept some with the intention to donate. In one of the burning transaction hashes, Buterin explained:
I have decided to burn 90% of the remaining Shiba tokens in my wallet. The remaining 10% will be sent to a (not yet decided) charity with similar values to CryptoRelief (preventing large-scale loss of life) but with a more long-term orientation.
At universities in the US, UK, or Canada, annual funding will cover tuition, fees, and the stipend of the student’s Ph.D. program up to $40,000 as well as a fund of $10,000 that can be used for research-related expenses such as travel and computing.
Big thanks to the Shiba Inu community, whose cryptocurrency made these fellowships possible! – He noted.