Ukraine is arguably the biggest beneficiary of cryptocurrency donations, having obtained over $100 million in crypto donations because the Russian invasion. In one more use of digital belongings to fund its conflict efforts, the Ukrainian authorities is trying to launch an NFT assortment depicting the Russian-Ukrainian conflict.

Citing the minister of digital transformation Alex Bornyakov, the Guardian reported on Sunday that Ukraine will use NFTs to inform the story of the Russian invasion. In response to Bornyakov, every NFT would function a bit of artwork representing a narrative from a trusted supply. He mentioned:

We wish it to be cool, handsome, and it takes time.

The minister defined that the funds generated from the gross sales can be used to purchase navy tools, in addition to fund media actions.

We don’t use this fund to purchase weapons at this level. We’re shopping for evening imaginative and prescient goggles, optics, helmets, bulletproof vests.

Crypto belongings proved extraordinarily useful in facilitation of funding flows to the Amed Forces of Ukraine. Enormous due to everybody who donated to the Crypto Fund of Ukraine. Each helmet and vest purchased by way of crypto donations is at the moment saving Ukrainian soilders’ lives. pic.twitter.com/CghDmXEcJG

— Alex Bornyakov (@abornyakov) March 11, 2022

Bornyakov additionally famous that the nation’s “digital diplomacy” is starting to yield outcomes, with many social media platforms like Fb (NASDAQ:) proscribing Russian state media content material.

We satisfied social media platforms, worldwide firms, to both block Russia, exit from Russia or utterly change their info coverage.

Earlier this month, the Ukrainian authorities introduced an NFT mission after canceling airdrops to those that donated cryptocurrencies to the nation.

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