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An Internet Computer founder's $250 million plan to end the Ukraine war

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Williams' proposal hopes to use blockchain technology to counter propaganda and to motivate Russians to get informed on what's going on in Ukraine via cryptocurrency rewards.

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Dominic Williams, the founder of Internet Computer (ICP) and DFINITY, has hatched a clever plan to hasten the end of the Russian invasion of Ukraine by using smart contracts and $250 million in crypto rewards.

DFINITY's Internet Computer was launched in May 2021 and it is a blockchain and protocol that seeks to decentralize the internet. Williams' proposal on Wednesday seeks to counter propaganda and educate the Russian population, who he believes is "completely ignorant" of what is actually occurring in Ukraine, so they can then pressure the government to put an end to the conflict.

Williams wrote, "Sanctions alone have little chance of turning the Russian population against its leaders for the simple reason that they control their media, which masterfully pumps out carefully crafted propaganda and false information."

The proposal suggests that blockchain technology and smart contracts could serve as a way to get large numbers of verified Russian citizens to watch “informative media” concerning the war together in virtual reality parties dubbed “people parties:”

“Each attendee who proves personhood, using the person's 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.”

“In this proposal, smart contracts would open a new crypto account for each successful attendee, which they can access and control using an Internet Identity,” the post added.

In order to incentivize citizens, Williams suggests that crypto rewards such as Bitcoins (BTC) and Ethers (ETH) might be used. As pin numbers tied to Russian accounts would not be unlocked until all of the content has been viewed, it would be necessary for Russian citizens to watch the videos until the very end.

“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.

"There should be an option to download a version that is not watermarked, so the recipient can share it with others," Williams wrote

Also Read - Russia-Ukraine war keeps Moscow Stock Exchange (MOEX) offline

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