Key Insights:
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Ukrainian government launches NFT war museum, with NFT sales set to start in three days.
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Fair.xyz minted the NFTs on Ethereum and Polygon.
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Digital assets have proven to be vital in the government’s war effort and its efforts to support civilians.
The Russian invasion of Ukraine entered the fifth week on Friday. Despite punitive sanctions and isolation, Russia continued to bomb civilian sites. Reports of Bitcoin (BTC) for Russian oil and U.S warnings to China over assisting Russia in Ukraine raise more concerns for the global financial markets and the geopolitical landscape.
Throughout the invasion, the Ukrainian government has found much-needed support. Support has come from NATO members and donations in the form of crypto.
Ukrainian NFT War Museum Launches to Deliver Government Funding
Earlier this month, FX Empire reported on the Ukrainian government’s plans to launch an ‘NFT Museum’ of the Russian-Ukrainian war.’
Proceeds from the sale of NFTs would support the Ukrainian government to meet its funding needs.
This week, the Ukrainian government took to Twitter to announce the launch of META HISTORY: Museum of War.
“You unveil the truth buying MetaHistory. Our warline includes every substantial event of the war, which is illustrated by one of the artists. All the NFTs will be sold in a chronological order. Their content will be hidden until the NFT is sold. Be the one to create history!”
Unlike traditional museums, the Ukrainian war museum is in digital form and comprises solely of NFTs. As per the MetaHistory tweet, buyers will not be able to view the NFT until after purchase.
Fair.xyz NFT platform minted the images on Ethereum (ETH) and Polygon (MATIC).
Users will need to register and have a crypto wallet to purchase an NFT.
Overnight, the Ministry of Digital Transformation of Ukraine tweeted,
“We’ve launched the NFT-Museum @Meta_History_UA: the fight for democratic values and independence. It will help not to forget the war crimes as well to celebrate the Ukrainian identity full of freedom and beauty.”