The Ukraine authorities has made an official announcement on Twitter that it is going to be utilizing NFTs as a device to fund its navy in order to defend Ukraine in opposition to Russian invasion. This got here after the Russian Authorities acquired greater than $100 million from completely different donation programmes.
Recall that the Russian President, Vladimir Putin, declared a warfare on Ukraine on the twenty fourth of Feb and began invading the Ukrainian territory thereafter which result in greater than 1.2 million individuals fleeing the nation for security. The US supported Ukraine by imposing a long run devastating sactions on the Russian authorities and its allies. Prime manufacturers comparable to YouTube, PayPal, Zara, Dmarket, Apple and Samsung additionally ended their operations in Russia.
After cautious consideration we determined to cancel airdrop. Daily there are an increasing number of individuals keen to assist Ukraine to combat again the agression. As a substitute, we are going to announce NFTs to assist Ukrainian Armed Forces quickly. We DO NOT HAVE any plans to situation any fungible tokens
— Mykhailo Fedorov (@FedorovMykhailo) March 3, 2022
The Ukraine authorities has nonetheless acquired hundreds of thousands of {dollars} price of donations from the crypto communities and different platforms for the reason that Russian invasion started. The Crypto Fund of Ukraine raised $50 million inside per week to assist Ukraine, Dmarket donated $11 million plus , Elon Musk despatched Starlink Statelite to revive web connection in Ukraine and so forth.
The Ukraine authorities has now made it identified to the world by way of a tweet from the nation’s Vice Prime Minister “Mykhailo Fedorov” that they are going to be engaged on NFTs to fund the Ukraine navy within the combat in opposition to Russian invasion. Nevertheless, the date, market and different informations concerning the NFTs has not been introduced.
Ensure you keep linked to WrestlingGist to get extra informations concerning the NFTs that can be launched by the Ukrainian authorities to helps its arm forces.