Ukrainian Government Launches NFT Collection “War Museum” – Bitcoin Featured News

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

Government of Ukraine group NFT

The Government of Ukraine has launched a set of non-fungible tokens (NFT) called “Meta History: War MuseumTo raise money in its war against Russia.

Mikhailo Fedorov, Ukraine’s Deputy Prime Minister and Minister of Digital Transformation in the country, announced the launch of the NFT Group on Friday.

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

The NFT group’s website gives more detail that the group presents “a chronology of the events of Ukrainian history in modern times, inscribed in stone … NFTs are facts accompanied by personal reflections.”

Fair.xyz has created the group’s website for the Ukrainian government and compiled its first planned sale next Wednesday. sale is expected to raise between $2 million and $3 million; Forbes reported that it will feature 5,000 to 7,000 NFTs at $450 each, adding that it will be sold via the Ethereum blockchain.

The official Twitter account of the NFT group to explain: “Our war streak includes every core event of the war… All NFTs will be sold in chronological order. Their content will be hidden until the NFT is sold.” And she adds:

Your purchase from Meta History: Museum of War is a good deal and 100% secure because we use a smart contract agreement that sends money directly to the wallets of the Ministry of Digital Transformation to support Ukraine.

Fedorov first announce The Ukrainian government’s plan to launch NFTs in support of the Ukrainian Armed Forces on March 3 after the government canceled the planned premium airdrop.

On March 14, the Ukrainian government launched Official Website To collect donations in cryptocurrency. Later President Volodymyr Zelensky Occurred Virtual assets law to regulate the crypto market in Ukraine.

What do you think about the Ukrainian government’s launch of the NFT War Museum project? Let us know in the comments section below.

Kevin Helms

Kevin, an Austrian economics student, found Bitcoin in 2011 and has been a missionary ever since. His interests lie in Bitcoin security, open source systems, network effects, and the intersection between economics and cryptography.