Ukraine to Launch NFT Collections About the War Against Russia

Amid its ongoing invasion from the Russian Federation, the Ukrainian authorities desires to depict some battle moments to point out the world within the type of non-fungible tokens (NFTs). Thus, the nation continues to make use of the asset class to assist fund its protection.

Russia-Ukraine Battle as NFTs

The recognition increase of the NFT sector final 12 months led to numerous musicians, sportspeople, companies, and different celebrities and outstanding figures hopping onboard. Nevertheless, Russia’s determination to launch a “particular army operation” in Ukraine prompted the latter’s authorities to strive utilizing digital collections to assist its struggling protection.

At first, Ukraine needed to airdrop among the proceeds it garnered from cryptocurrency donations, that are within the tens of hundreds of thousands of {dollars} now. Nevertheless, it failed to take action and determined to go together with an NFT route.

As reported by The Guardian, the nation’s deputy minister of digital transformation, Alex Bornyakov, has supplied extra particulars on the matter. He asserted that the digital collections can be “like a museum of the Russian-Ukrainian battle. We need to inform the world in NFT format.”

The politician refused some assumptions that the crypto proceeds can be used to purchase weapons. As an alternative, he promised that they’ll go for protection tools and to fund media actions.

“We’re shopping for night-vision goggles, optics, helmets, bulletproof vests.” – he added.

CryptoPotato reported final week the plans of Wladimir Klitschko – the previous heavyweight boxing champion – to launch an NFT assortment to boost funds for his homeland Ukraine.

Russian Social Propaganda Disabled?

Earlier than its invasion of Ukraine, the Russian authorities started a media marketing campaign justifying its future actions and explaining to locals why it needed to do what it deliberate to do. Bornyakov labeled this strategy considered one of Russia’s strongest weapons and believes that world manufacturers, reminiscent of Fb and Instagram, have achieved the proper factor by blocking entry to such content material.

“We satisfied social media platforms, worldwide firms, to both block Russia, exit from Russia, or fully change their info coverage.” – he added.

It’s price noting that parts of the crypto business additionally undertook an identical strategy, with Coinbase blocking 25,000 Russian addresses supposedly linked to unlawful actions.