Home Tech Ukraine is promoting NFTs to assist its navy | Engadget

Ukraine is promoting NFTs to assist its navy | Engadget

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Ukraine is promoting NFTs to assist its navy | Engadget

Ukraine’s Ministry for Digital Transformation has launched an NFT assortment to assist fund its navy. The challenge was first introduced in , however the NFT assortment, known as “ Meta History Museum of War,” is . The assortment is supposed to be an “NFT museum” documenting the historical past of Russia’s invasion of Ukraine.

The assortment is at the moment comprised of 54 NFTs documenting the occasions of the primary three days of the conflict. The illustrations have been executed by Ukrainian and worldwide artists, and every one references a tweet documenting some facet of the invasion and the world’s response to it.

“The formula of each NFT is clear and simple: each token is a real news piece from an official source and an illustration from artists, both Ukrainian and international,” Ukraine’s Ministry of Digital Transformation writes on its Meta History Museum of War website. “The NFT’s will be created in chronological order, according to the events so the true history will be saved and cherished.”

The NFT Project is the newest manner Ukraine has turned to digital belongings to fund its protection. The nation has collected greater than $100 million in cryptocurrency for the reason that begin of the conflict, and Ukrainian President Volodymyr Zelensky lately signed a invoice the crypto business.

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