• Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
Tuesday, August 16, 2022
No Result
View All Result
Our Bitcoin News
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
No Result
View All Result
Our Bitcoin News
No Result
View All Result

Ukraine raises $760K from NFT war museum project

News
by Damien Martin
4 April 2022
Ukraine raises $760K from NFT war museum project

Source: Unsplash

Share on FacebookShare on Twitter

Ukraine’s NFT project ‘Meta History: Museum of War’ has now raised over $700,000 to help rebuild cultural and heritage sites that were destroyed during its war with Russia.

The NFT project was released by Ukraine’s Ministry of Digital Transformation on March 25 in line with the country’s plans to provide humanitarian aid, rebuild infrastructure, and fund its military. It features documents, facts, and events that occurred during the Russian invasion.

Within 24 hours of launching on March 31, 1,282 artworks from the NFT collection were sold on the NFT marketplace OpenSea. At press time, the collection has fetched 219.15 Ether, which is roughly equivalent to $761,651 per the current value of Ethereum($3,484).

We’ve already sold 1153 artworks and the sales go on. Our goal is 1million!
Have raised more than 500k USD by now!
Only NFT owners will be able to buy the masterpieces of the Prospect 100 winners and the very first four artworks soon. Support Ukraine! pic.twitter.com/HfK747cpxN

— META HISTORY: Museum of War (@Meta_History_UA) March 31, 2022

At the time of announcing the NFT museum, Mykhailo Fedorov, the Vice Prime Minister and Minister of Digital Transformation of Ukraine tweeted:

“While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech. @Meta_History_UA NFT-Museum is launched. The place to keep the memory of war. And the place to celebrate the Ukrainian identity and freedom.”

The latest NFT initiative makes it the first one was taken by any national government. Ukraine also plans to auction off four unique NFT artworks for which only those who bought museum NFTs are eligible to purchase.

Ukraine has been receiving donations since the beginning of Russia’s invasion of Ukraine in late February. So far, the Ukrainian government has received $70.2 million in Bitcoin, Ether, Polkadot, and several other crypto assets for war relief efforts and military funding.

Previous Post

Gemini survey finds 41% crypto investors purchased their first crypto in 2021

Next Post

Luca Netz acquires Pudgy Penguins NFT collection for $2.5M

Damien Martin

Damien Martin

Damien has a rich history in the fintech and business reporting world. He is currently working at OBN to cover the most important news from the blockchain industry.

Related Posts

Shiba Inu Price Prediction

by Damien Martin
3 August 2022

Shiba Inu has had an eventful 2021. To simplify the latest SHIB price prediction, we have divided up the prediction by short term Shiba...

New bipartisan bill seeks to make CFTC official cryptocurrency regulator

New bipartisan bill seeks to make CFTC official cryptocurrency regulator

by Gauri Bhatia
29 April 2022

Some US bipartisan lawmakers have submitted a bill that seeks to foster innovation in the cryptocurrency space and build a...

Animoca Brands establishes joint venture with OneFootBall following $300M round

Animoca Brands establishes joint venture with OneFootBall following $300M round

by Gauri Bhatia
29 April 2022

Hong Kong-based Web 3 giant Animoca Brands has now formed a strategic joint venture with OneFootball, Football news and media...

No Result
View All Result

Recent Posts

  • Shiba Inu Price Prediction
  • Understanding the Tokenomics of ZNT: DeFi protocol Zenith’s official token
  • Huobi Incubator kicks off Web3 Hackathon to foster next generation of Web3 start-ups
  • Huobi Incubator concludes BeWater DevCon 2022 encouraging dialogue amongst developer communities
  • Huobi Global and PrimeEarn provide one of the best experiences and profits
Our Bitcoin News

© 2021 Our Bitcoin News

Navigate

  • Home
  • Press Release
  • Sponsored
  • Our Journalists
  • Advertise
  • Editorial Policy
  • Privacy Policy
  • Terms & Conditions

Follow Us

No Result
View All Result
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners

© 2021 Our Bitcoin News