Fun

Ukraine’s Government Launches ‘Museum of War’ NFT Collection

News Feed - 2022-03-27 06:03:07

Ukraine"s Government Launches "Museum of War" NFT Collection


The Ukrainian government has launched a “Museum of War” non-fungible token (NFT) collection. All sale proceeds will go directly to the official crypto wallets of the Ministry of Digital Transformation of Ukraine to support the army and civilians, according to the museum website set up by the government. Government of Ukraine’s NFT Collection


The government of Ukraine has launched a non-fungible token (NFT) collection called “Meta History: Museum of War” to raise funds in its fight against Russia.


Mykhailo Fedorov, vice prime minister of Ukraine and the country’s minister of digital transformation, tweeted announcing the launch of the NFT collection Friday.



The mission of the Museum of War NFT project is “To preserve the memory of the real events of that time, to spread truthful information among the digital community in the world, and to collect donations for the support of Ukraine,” its website explains.


The NFT collection website further details that the collection presents “A chronology of events of the Ukrainian history of modern times, set in stone … The NFTs are facts accompanied by personal reflections.”


Fair.xyz built the collection website for the Ukrainian government and assembled the first sale that is planned for next Wednesday. The sale is expected to raise between $2 million and $3 million; it will feature 5,000 to 7,000 NFTs priced at around $450 each, Forbes reported, adding that they will be sold over the Ethereum blockchain.


The official Twitter account for the NFT collection explained: “Our warline includes every substantial event of the war … All the NFTs will be sold in chronological order. Their content will be hidden until the NFT is sold.” It adds: Your purchase from Meta History: Museum of War is a 100% good and secure deal because we use a smart contract agreement that sends money directly to the Ministry of Digital Transformation’s wallets to support Ukraine.


Fedorov first announced the Ukrainian government’s plan to launch NFTs to support Ukrainian armed forces on March 3 after the government canceled a planned token airdrop.


On March 14, the Ukrainian government launched an official website to collect donations in cryptocurrencies. President Volodymyr Zelenskyy subsequently signed the law on virtual assets to regulate the crypto market in Ukraine. Tags in this story meta history museum of war, Museum of War NFT, ukraine government nfts, Ukraine NFT, ukraine nfts, ukraine official nft, Ukrainian government NFT


What do you think about the Ukrainian government launching the Museum of War NFT project? Let us know in the comments section below. Kevin Helms


A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. Facebook Owner Meta Files 8 Trademark Applications Covering Metaverse, Crypto Services FEATURED | 2 days ago World"s Largest Asset Manager Blackrock: Russia-Ukraine War Has Potential Impact on Accelerating Digital Currencies FEATURED | 2 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleLuna Foundation’s Bitcoin Reserve Wallet Now Holds $1.1 Billion in BTC Next articleCoinbase Makes Changes to Services in Canada, Japan, Singapore to Comply With Local Crypto Regulations Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItInstagram Is Working on Bringing NFTs to the Platform in the "Near Term," Says Meta CEO Mark Zuckerberg


In December 2021, the CEO of Instagram, Adam Mosseri, discussed how the firm was looking into non-fungible token (NFT) technology during an ask-me-anything (AMA) session. Three months later, at the South by Southwest (SXSW) event in Texas, Meta’s CEO Mark ... read more.US Justice Department Returns Stolen Bitcoin to Victim of Government Imposter Scam RBI Crypto: Indian Government Says Central Bank Has No Plan to Issue Cryptocurrency President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’ UAE Hospitality Brand Stella Stays Now Accepts Crypto

News Feed

Marco Castrovilli8 hours agoMacro factors to spark next crypto bull market in Q2 2024, Real Vision’s Raoul Pal saysMacro factors will play a dominant role in sparking the next crypto bull market, which should start in
Bitcoin speculators sit on 93% unrealized losses after $365M 'wipeout'
William Suberg1 hour agoBitcoin speculators sit on 93% unrealized losses after $365M "wipeout"Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown.869 Total views1 Tot
Brayden Lindrea8 hours agoBitcoin ETFs have 75% chance of approval this year: Bloomberg analystsBloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the Secu
Bitcoin, Ethereum Technical Analysis: ETH Bounces Back, up 2%, While BTC Climbs Above $30,000
Bitcoin, Ethereum Technical Analysis: ETH Bounces Back, up 2%, While BTC Climbs Above $30,000 Following a fall below $30,000 on Tuesday, BTC marginally rebounded, as prices began t
Turner Wright6 hours agoGrayscale lawyers refer to SEC allowing Volatility Shares’ investment vehicle in push for ETFAccording to Grayscale, the Volatility Shares ETF was an “even riskier” product than Bitcoin futu
Montenegrin authorities to release Do Kwon as he awaits extradition: Report
Turner Wright3 hours agoMontenegrin authorities to release Do Kwon as he awaits extradition: ReportProsecutors purportedly plan to confiscate the Terraform Labs co-founder’s South Korean passport, though he allegedly u
FTX victims will ‘never’ be whole thanks to SBF’s ‘dumpster fire’ — John Ray
Martin Young2 hours agoFTX victims will ‘never’ be whole thanks to SBF’s ‘dumpster fire’ — John RayFTX chief John Ray III wrote a scathing victim impact statement on the exchange’s co-founder, Sam Bankman-F
Tom Mitchelhill3 hours agoShibarium hits 1M wallets amid meteoric growth, SHIB yet to catch upShibarium network activity has soared despite the price of SHIB falling more than 20% since the tumultuous launch of the layer
Nigerian Central Bank Seeks New CBDC Tech Partner — Bank Urged to Improve E-Naira User Experience
Nigerian Central Bank Seeks New CBDC Tech Partner — Bank Urged to Improve E-Naira User Experience More than a year after it launched its central bank digital currency with partne
Hermi De Ramos10 hours agoSaudi Arabia looks to blockchain gaming and Web3 to diversify economyThe kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as gaming and Web3.300
EU Makes Deal on MiCA Legislation to Regulate Crypto Markets
EU Makes Deal on MiCA Legislation to Regulate Crypto Markets Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto
Filecoin Offering: Community Alleges Token Dumping, Tron’s Justin Sun Wants the US SEC to Investigate
Filecoin Offering: Community Alleges Token Dumping, Tron"s Justin Sun Wants the US SEC to Investigate The recent Filecoin (FIL) token offering is creating contro