Ukraine’s Government Launches ‘Museum of War’ NFT Collection – Featured Bitcoin News

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

Government of Ukraine’s NFT Collection

The government of Ukraine has launched a non-fungible token (NFT) collection called “Meta History: Museum of War” to raise funds in its fight against Russia.

How To Get Free Crypto  

Mykhailo Fedorov, vice prime minister of Ukraine and the country’s minister of digital transformation, tweeted announcing the launch of the NFT collection Friday.

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

The NFT collection website further details that the collection presents “A chronology of events of the Ukrainian history of modern times, set in stone … The NFTs are facts accompanied by personal reflections.” built the collection website for the Ukrainian government and assembled the first sale that is planned for next Wednesday. The sale is expected to raise between $2 million and $3 million; it will feature 5,000 to 7,000 NFTs priced at around $450 each, Forbes reported, adding that they will be sold over the Ethereum blockchain.

Coinbase Banner  

The official Twitter account for the NFT collection explained: “Our warline includes every substantial event of the war … All the NFTs will be sold in chronological order. Their content will be hidden until the NFT is sold.” It adds:

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

Fedorov first announced the Ukrainian government’s plan to launch NFTs to support Ukrainian armed forces on March 3 after the government canceled a planned token airdrop.

On March 14, the Ukrainian government launched an official website to collect donations in cryptocurrencies. President Volodymyr Zelenskyy subsequently signed the law on virtual assets to regulate the crypto market in Ukraine.

Tags in this story

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

FreeBitcoin Banner  
Kevin Helms

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

Image Credits: Shutterstock, Pixabay, Wiki Commons

Read disclaimer

Go to Source
Author: Kevin Helms

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.