Financial Times reported Friday that an ambitious idea of ‘cryptocurrency enthusiasts’ to bury a hard drive holding $50,000 worth of cryptocurrency unfortunately turned tragic. It is believed that the spectacular act indirectly led to the death of a man who was climbing the mountain to carry out the audacious plan.
ASKfm, a Ukrainian social media, which is in the process of raising funds through an initial coin offering (ICO), paid four people to climb Mount Everest with the aim of burying the hard drive holding its digital tokens. Apparently, the value of the digital tokens is still not known.
Alan Arnette’s Blog
On their way up the mountain, one of the indigenous Nepalese Sherpas who took part in the event died, according to Alan Arnette’s blog, who is also a Colorado climber who covers Everest events each season. In his blog, he made mention of the Ukrainian group under the subhead: ‘Preventable Deaths’.
Even though he was an experienced climber, Sherpa had been struck by ‘snow blindness’, which is a very painful temporary loss, caused by overexposure to the UV rays of sunlight. When reflected by ice and snow, UV rays of the sun are very dangerous and can be fatal. In spite of having reached the mountain’s peak many times before, he was unfortunately unlucky this time.
It is reported that at the top of the Everest, the weather was very bad, so at the time when they were coming down, that is when the man died. He was apparently behind them, and since they were going fast, they could not see him to realize that he was in danger.
According to the company, the estimate value of the cryptocurrency which is now buried in the Everest snow will only be known once pre-sale as well as the ICO launch is done. Taras Pozdnii, one of the climbers who recently came back from Nepal, said that they lost track of the Sherpa after accompanying them to the peak, and therefore did not know of his demise.
According to an advert regarding the audacious act earlier this month, the cryptocurrency company encouraged crypto enthusiasts to go and look for the digital tokens ‘if they were courageous enough’.