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{"id":2395,"date":"2022-03-26T14:38:56","date_gmt":"2022-03-26T14:38:56","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/03\/26\/ukraine-is-selling-a-timeline-of-the-russian-invasion-as-nfts\/"},"modified":"2022-03-26T14:38:57","modified_gmt":"2022-03-26T14:38:57","slug":"ukraine-is-selling-a-timeline-of-the-russian-invasion-as-nfts","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/03\/26\/ukraine-is-selling-a-timeline-of-the-russian-invasion-as-nfts\/","title":{"rendered":"Ukraine is selling a timeline of the Russian invasion as NFTs"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/3\/25\/22996168\/ukraine-ministry-digital-transformation-nft-crypto-drop-fundraising-war-timeline<\/a>
\n
<\/br><\/code><\/p>\n

\n

Ukraine\u2019s government is raising funds by selling non-fungible tokens (NFTs) based on a timeline of Russia\u2019s ongoing invasion of the country. Ukraine Minister of Digital Transformation Mykhailo Fedorov announced the collection\u2019s launch<\/a> on Twitter, boasting that \u201cwhile Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech.\u201d All sales funds will go to the Ministry of Digital Transformation to support the \u201carmy and civilians\u201d of Ukraine.<\/p>\n

The collection, titled \u201cMeta History: Museum of War,\u201d associates blockchain tokens with a news item about \u201cevery substantial event of the war\u201d and an illustration from an artist. A total of 54 NFTs are currently listed, covering the first three days of the war in late February, with the first going up for sale early next week. The project is built on an NFT sales platform from blockchain company Fair.xyz.<\/p>\n

\n
\n

While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech. @Meta_History_UA<\/a> NFT-Museum is launched. The place to keep the memory of war. And the place to celebrate the Ukrainian identity and freedom. Check here: https:\/\/t.co\/IrNV0w54tg<\/a><\/p>\n

\u2014 Mykhailo Fedorov (@FedorovMykhailo) March 25, 2022<\/a>\n<\/p><\/blockquote>\n<\/div>\n

The NFT launch, which was announced earlier in March<\/a>, replaces an earlier plan to \u201cairdrop\u201d free tokens to people who had donated cryptocurrency to Ukraine. As chronicled by Vice<\/em><\/a>, the airdrop plan suffered from a copycat scam and complaints that not all crypto donors would receive the tokens. There\u2019s currently no stated plan to give earlier donors an advantage in the sale of the new NFTs.<\/p>\n

Cryptocurrency has played a role on both sides of the war, but Ukraine in particular has used it to bypass banks and local currency limitations<\/a>, as well as capitalize on crypto hype to solicit donations. The Ukrainian government has said it raised $54 million<\/a> (which might be a significant understatement according to a different estimate<\/a>) in cryptocurrency within the first three weeks.<\/p>\n<\/div>\n


<\/br><\/code><\/p>\n

Source: https:\/\/www.theverge.com\/2022\/3\/25\/22996168\/ukraine-ministry-digital-transformation-nft-crypto-drop-fundraising-war-timeline<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: Ukraine\u2019s government is raising funds by selling non-fungible tokens (NFTs) based on a timeline of Russia\u2019s ongoing invasion of the country. Ukraine Minister of Digital Transformation Mykhailo Fedorov announced the collection\u2019s launch on Twitter, boasting that \u201cwhile Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech.\u201d All sales funds will go […]<\/p>\n","protected":false},"author":1,"featured_media":2396,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17,8],"tags":[18],"class_list":["post-2395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","category-technology","tag-tech"],"yoast_head":"\nUkraine is selling a timeline of the Russian invasion as NFTs - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2022\/03\/26\/ukraine-is-selling-a-timeline-of-the-russian-invasion-as-nfts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ukraine is selling a timeline of the Russian invasion as NFTs - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source: Ukraine\u2019s government is raising funds by selling non-fungible tokens (NFTs) based on a timeline of Russia\u2019s ongoing invasion of the country. 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