Ukraine’s Government Launches Museum of War NFT Collection

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Ukraine’s Government Launches Museum of War NFT Collection – The Ukrainian government has launched a non-fungible token (NFT) collection called the “Museum of War.” According to the government-run museum website, all earnings would go directly to the Ministry of Digital Transformation of Ukraine’s official crypto wallets to support the troops and citizens.

Mykhailo Fedorov, Ukraine’s vice prime minister and minister of digital transformation, announced the introduction of the NFT collection through Twitter a few days ago.

The Museum of War NFT project’s purpose, according to its website, is “to preserve the memory of the true events of that period, to transmit genuine information throughout the global digital community, and to collect donations for the support of Ukraine.”

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Also Read: Ukraine’s Largest Bank Suspends Money Transfers to Crypto Exchanges

The website for the NFT collection goes on to say that the collection contains “a timeline of events in modern Ukrainian history, set in stone. The facts are complemented by personal reflections in the NFTs.”

Fair.xyz created a collection website for the Ukrainian government and put together the first sale, which will take place next Wednesday.

According to Forbes, the sale is projected to raise between $2 million and $3 million, with 5,000 to 7,000 NFTs priced at roughly $450 each being sold over the Ethereum blockchain.

“Our warline encompasses every significant event during the war,” the NFT collection’s official Twitter account revealed. The NFTs will be offered in order of release. Until the NFT is sold, their content will remain hidden.” 

Ukraine’s Government Launches Museum of War NFT Collection – It continues:

“Because we employ a smart contract agreement that distributes money directly to the Ministry of Digital Transformation’s wallets to help Ukraine, your purchase from Meta History: Museum of War is a 100 percent good and secure bargain.”

Also Read: Bored Ape Yacht Club Donates $1 Million in Ethereum to Ukraine Following Community Efforts

After the government delayed a scheduled token airdrop, Fedorov initially stated the Ukrainian government’s plan to launch NFTs to support Ukrainian military forces on March 3.

The Ukrainian government opened an official website on March 14 to accept cryptocurrency donations. Following that, President Volodymyr Zelenskyy approved a bill on virtual assets to control Ukraine’s crypto industry.

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