NFTs News

Ukraine Will Launch an NFT Collection to aid in the war effort.

Since the beginning of the conflict between Ukraine and Russia, digital assets such as cryptocurrencies and non-fungible tokens (NFTs) have aided Ukraine a lot. Alex Bornyakov, the government’s deputy minister of digital transformation, has now stated that he wants the country to develop its own NFT collection.

NFT collection would be like a museum of the Russian-Ukrainian war. We want to tell the world in NFT format” he said.

According to the minister, the collection of digital art would help fund the country’s combat operations. Each token would contain a piece of art depicting a story from a reliable news source. Bornyakov expects the collection to be “cool, good-looking, and it takes time.

“We don’t use this fund to buy weapons at this point. We’re buying night-vision goggles, optics, helmets, bulletproof vests,” he told

The money raised by Ukraine’s Ministry of Digital Transformation was used to purchase 5,550 protective jackets, 410,000 packed lunches, thermal goggles, and medicine, among other things. Donations in the cryptocurrency have surpassed $60 million for Ukraine.

“Crypto-assets proved extremely helpful in the facilitation of funding to the Amed Forces of Ukraine. Huge thanks to everyone who donated to the Crypto Fund of Ukraine,” he tweeted on March 11. “Each and every helmet and vest bought via crypto donations are currently saving Ukrainian soldiers’ lives.”

Funds collected by the Ministry of Digital Transformation

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

KAZ

CoinCu News

Victor

Recent Posts

Gate.io Launches USDE Financial Products with Annualized Returns of Up to 54%, Ushering in a High-Return Era for Stablecoin Investments

Nov 18th, Panama - Gate.io, a global leader in digital asset trading, has officially unveiled…

33 minutes ago

Bitdeer Convertible Notes Worth $360 Million Offered for Expansion Efforts

The Bitdeer convertible notes offer a 42.5% conversion premium, allowing conversion into cash with the…

1 hour ago

Sui Foundation Enters into Strategic Partnership with Franklin Templeton Digital Assets

Grand Cayman, Cayman Islands, 22nd November 2024, Chainwire

1 hour ago

Best Cryptos to Invest in December 2024: Qubetics Surges Past $2.6M as Solana Records Big Whale Pump and Polkadot Aims for $6

Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…

3 hours ago

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

4 hours ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

4 hours ago

This website uses cookies.