Airdrop

Ukraine Launches WORLD Token Airdrop on Ethereum

CORRECTION (March 3, 09:14 UTC): Corrects token to WORLD. A (WORLD Token) previous version had it as PEACE.

Ukraine has started to airdrop the so-called WORLD tokens to eligible recipients, blockchain addresses show.

The tokens will be given to cryptocurrency users who donated to a Ukrainian war charity.

According to blockchain addresses, Ukraine has begun to airdrop the so-called WORLD tokens to eligible users.

Those who donated bitcoins to charities seeking to improve the lives of those harmed by Russia’s invasion of Ukraine would receive WORLD.

Ukraine announced the airdrop Wednesday, after receiving $33 million in various cryptocurrencies from international donors. Within hours of the airdrop announcement, more than $7 million in donations had been made.

The airdrop began on Thursday, Ukraine was seeding Uniswap liquidity pools with WORLD Token.

At the time of writing, a Uniswap pool has been set up. User orders are already being traded and front-run by automated bots.

The Ukrainian government has confirmed an airdrop for anyone who contributes to its crypto donations by 11 am ET on Thursday, March 3. The potential reward for the global community of donors foreshadows new potential use cases for crypto across mainstream audiences.

For context, airdrops involve businesses or crypto projects providing free tokens or NFTs to their communities as a way to encourage adoption — in this case, to increase donations to the country. The government has not provided additional information about what Thursday’s airdrop will entail.

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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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