Connect with us

Market News

Internet Computer Founder Proposes a $250M Plan to End Ukraine War



 on is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.

The founder of Dfinity and Internet Computer, Dominic Williams, has come up with a proposal to end the war in Ukraine. The proposal involves smart contracts and a $250 million prize pool.

Dfinity founder issues proposal to end Ukraine war

Williams’ proposal revolved around countering the propaganda and spreading information to the Russian population. He noted that the Russian people were not well informed about what was happening in Ukraine. When equipped with adequate information, the Russian people can pressure the government to stop the war.

He also added that the sanctions imposed on Russia by the US and its Western allies would not have a major effect. Through blockchain technology and smart contracts, Williams hopes that Russian citizens can access information on the war through virtual reality parties known as “people parties.”

“Each attendee who proves personhood using the people party system is then identified to smart contracts as an individual human being. The system prevents cheating, such that on each run, a person is only able to attend exactly once,” he said.

$250 million worth of incentives

The citizens would also be incentivized using Bitcoin, Ethereum and other cryptocurrencies. The rewards will only be earned if a citizen watches the informative video until the end. Williams proposes that each user will receive $50 for every video that has been fully watched.

“The streaming video will tell the truth about the war in Ukraine and ask Russians to pressure their government into ceasing hostilities. How such a video is best constructed should be left to talented filmmakers. Williams added that a non-watermarked version should be made available for download, allowing the recipient to show others the video,” Williams added.

Williams’ plan seeks to attract 5 million Russian citizens. However, the plan has several factors that could hinder its success, such as Russia’s internet access being shut down. On Twitter, some users noted that the Kremlin was considering shutting down the country’s internet access.

Some Twitter users slammed Williams’ accusing him of using the Ukraine situation as a PR move. Another user noted that the move would not have a chance of changing the public opinion on Russia.

To learn more visit our Investing in ICP guide.

Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN,, Bitcoinist, and NewsBTC.

Advertiser Disclosure: is committed to rigorous editorial standards to provide our readers with accurate reviews and ratings. We may receive compensation when you click on links to products we reviewed.

ESMA: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Investment advice disclaimer: The information contained on this website is provided for educational purposes, and does not constitute investment advice.

Trading Risk Disclaimer: There is a very high degree of risk involved in trading securities. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies.

This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio. is not a registered broker, analyst, or investment advisor.