On June 16, Boris Tadic, CEO of the AB Foundation and former President of Serbia, issued a message on the X platform saying: "As CEO of the AB Foundation, I am pleased to tell you that although the AB Charity Award is still in its early stages, our first donation-focusing on children living in poverty-has been sent to East Timor! This move received high praise and honorary certificate from President José Ramos-Horta. We look forward to continuing our mission, not only in East Timor, but around the world. AB Foundation Philantrophy aims at global public good causes, including helping small countries build digital infrastructure, school construction, child welfare, etc. It was founded by @ABDAO_Global to build a global public good infrastructure that is transparent, trustworthy and tamper-resistant-and is fully committed to this vision.