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Ukraine Sells NFT to Cover the Damages of the War

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The Ukrainian government has sold the CryptoPunk NFT for more than $100,000, to help the country in its conflict endeavors against Russia, the country’s Deputy Minister of Digital Transformation Alex Bornyakov said.

“#CryptoPunk #5364 has been sold for 90 ETH. It’s more than $100K. Scarcely any months prior this NFT was given for @_AidForUkraine store. Crypto people group keeps on supporting Ukraine,” the priest said.

The Cryptopunk #5364 NFT was given to the Ukrainian crypto reserve in March in March this year.

Ukraine

Support for Ukraine against Russia


Since Russia attacked Ukraine on February 24, an amazing overflow of help has spilled in from different roads and characters from across the world.

Aside from helpful guide from different associations, Ukrainian authorities have been interesting to the worldwide crypto local area to help their battle by giving crypto resources while specialists have really turned to delivering non-fungible tokens (NFTs) themed around Ukraine and diverting returns to the reason.

Ukraine has brought more than $135 million up in cryptos


More than $135 million in cryptographic money gifts were raised by mid-May, as certified by the country’s Deputy Minister of Digital Transformation.

In the principal seven day stretch of March, $6.75m was raised by a crypto bunch, through the offer of a NFT of the Ukrainian banner. Half a month back, the current year’s Eurovision support, the Ukrainian rap bunch Kalush Orchestra sold their prize from the music rivalry to bring nearly $1m up in ETH for the asset.

A main part of these assets have proactively been utilized to give significant basics like nourishment for regular folks and defensive stuff for the nation’s fighters, with President Volodymyr Zelenskyy repeating his conviction that computerized resources can achieve a financial leap forward for nations like Ukraine thinking about Russia’s statements to its financial framework.

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