John Mcafee Sets $500 in ETH-Based DAI for Corona Lockdown Photos

John Mcafee Sets $500 in Ethereum for Coronavirus Lockdown Photos

John McAfee, one of the most prominent altcoin advocates, has put up a $500 reward the Ethereum-based stablecoin DAI for the best original photo taken in the midst of the coronavirus lockdown.

The sea-bound computer programmer has asked people who are still able to leave their homes for essential supplies and activities to take pictures of vacant highways and cities. McAfee tweeted the following:

“Those able to leave your homes during quarantine … (to buy food or get medical care, etc.) … Take photos of interesting aspects of your vacant cities, highways, etc. $500 in DAI crypto paid for the best photo (Chosen by @theemrsmcafee next week) Just drop photos here:)”

Submissions started flooding feed for McAfee within minutes of the tweet. This picture of a herd of goats prowling around a quiet neighborhood was posted by one Twitter user,

Another user exemplified the extent of the coronavirus lockdown with this picture of a vacant New York Grand Central Station during the rush hour.

The most recent figures show 92,743 confirmed coronavirus cases in New York alone. The United States ‘East Coast seems to have been hardest hit by the spread of the virus. This Las Vegas Strip photograph shows however that the reaction to the lockdown was similar across the country. So far Nevada has confirmed 1,484 cases.

Janice McAfee to Choose the Winning Photograph

John McAfee’s wife, Janice McAfee — aka @themrsmcafee — will choose the winning photograph next week.

When asked why he had chosen the Dollar-pegged DAI, McAfee’s reply was brief. He answered,

“Stable coin.”

DAI is the stablecoin underpinning the MakerDAO decentralized finance application. In early March, when the crypto market suffered one of its worst crashes in recent memory, DAI’s stability was brought into question.

The sudden drop wreaked havoc with loans backed by MakerDAO’s Ethereum, when the ETH price dropped 54 percent in just nine days. Between January and March 2019, DAI’s price fluctuated between $0.96 and $1.08, in line with wider-market fluctuations.

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Abdulhay Mahmoud 414 Articles
Abdulhay Mahmoud is a creative writer with over 15 years of experience in journalism, translation, and investor relations. He has B.A in English and Literature from a reputable University. He recently became a contributor at Cryptolydian.com to fulfill his thirst in reporting digital coins and blockchain-related news, an interest was built over the years.