Four days into the invasion, Ukraine started issuing old-fashioned war bonds to finance military action.
Now it is trying a very modern initiative – raising funds by selling NFTs based on key events of the war with Russia so far.
NFTs or non-fungible tokens are unique computer files that act as a digital certificate of ownership for anything from a song to a work of art.
PROSPECT 100 and Ukraine's Ministry of Digital Transformation are using NFTs to fund the fight against Russia. https://t.co/ddByLWVlQB
— highsnobiety (@highsnobiety) March 18, 2022
All the money raised will go to support the ‘army and civilians’ of Ukraine. Launching the collection, Vice Prime Minister Mykhailo Fedorov tweeted: ‘While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech.’
A total of 54 NFTs will be listed covering the first three days of the invasion and will go on sale early next week.
Entitled ‘Meta History: Museum Of War’, each will show a ‘substantial event’ with an illustration by an artist.
One relates to a mother giving birth in a Kyiv subway, while another features Boris Johnson’s tweet calling for a Nato summit.
This article has been adapted from its original source.
