Ukraine is selling NFTs to support its army

Ukraine’s Ministry of Digital Transformation has launched a collection of NFTs to help fund their military. The project was first announced in but the NFT collection, called the “Meta Museum of War History,” is . The collection is meant to be an “NFT museum” documenting the history of Russia’s invasion of Ukraine.

The collection currently includes 54 NFTs documenting the events of the first three days of the war. The illustrations are done by Ukrainian and international artists, and each references a tweet documenting some aspect of the invasion and the world’s response to it.

“The formula of each NFT is clear and simple: each token is a piece of factual news from an official source and an illustration from artists, both Ukrainian and international,” said Department of Technical Transformation. Ukrainian digital writing on Meta History Museum of War. website. “NFT’s will be created chronologically, according to events so that true history will be preserved and cherished.”

The NFT project is the latest way Ukraine has turned to digital assets to fund its defense. This country has raked in over $100 million in cryptocurrencies since the beginning of the war and the President of Ukraine Volodymyr Zelensky recently signed a bill cryptocurrency industry.

All products recommended by Engadget are handpicked by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

Source link


News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button