Ukraine launches website for donating and buying NFTs

Ukraine's government launched a website where people can donate and buy non-fungible tokens (NFTs), in an attempt to raise more funds for the war efforts.

The new site lists several NFTs, including a mfer and a MoonCat with a Ukrainian flag, and links to their pages on OpenSea, where users can place bids to buy them. The mfer and the MoonCat have asking prices of five ETH and two ETH, respectively.

“All funds as always will contribute to the Ukrainian victory. Ready, steady, NFT,” Vice Prime Minister and Minister of Digital Transformation of Ukraine Mykhailo Fedorov said on Twitter on Wednesday.

The website also features an Ethereum address for anyone who wants to donate NFTs. Additionally, it lists a number of NFT collections that the government "supports," including Doge in Ukraine and Russia For Sale.

Ukraine launched its own NFT collection at the end of March. Those NFTs are not available for purchase on the new site, however. This week, the government announced a second NFT drop planned for May 1. 

According to Ukraine’s general crypto donation website, the country has received at least $60 million in donations. It has been able to use some of that money to buy thousands of bulletproof vests, packed lunches, medicine items and other supplies for the armed forces.

“Blockchain, crypto & NFT won't stop the missiles, but do offer a way to protect our defenders and rebuild Ukraine as an innovation-friendly country,” said Deputy Minister of Digital Transformation of Ukraine Alex Bornyakov on Twitter.

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Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at Patch.com and at the New York Daily News. She started her career in Lisbon, Portugal, where she worked for publications such as Público and Sábado. She graduated from NYU with a MA in Journalism. Feel free to email any comments or tips to [email protected] or to reach out on Twitter (@catarinalsm).

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