20220301-108.jpg.webp The central street of Kharkov after being shelled by Russian occupation forces today. Source: Twitter/@nexta_tv

To further enhance its fundraising campaign, Ukraine is opening up more cryptocurrency options for global donors – and also engaging the cryptocurrency community by mentioning airdrops. In addition, a digital platform has launched an irreplaceable token (NFT) pool with the goal of raising $430,302,531.

Ukraine is not slowing down and is opening as many doors as possible to fund their defense efforts against Russia. They have just announced that they will "soon" accept more cryptocurrency assets for donations to the country, the armed forces and the people.

As reported yesterday, Gavin Wood, creator of Polkadot, announced that he would donate $5 million worth of cryptocurrency to the country if they publish their address in the blockchain's native token, DOT. This country did it.

"The people of Ukraine are grateful for the support and donations of the global cryptocurrency community as we protect our freedoms," the official Ukrainian Twitter account said today. "We are now also accepting Polkadot donations."

According to Polkadot explorer Subscan, the Polkadot address shared in Ukraine has received more than 10,244 DOT ($192,513) in donations so far.

However, Ukraine's official Twitter account also piqued the interest of the cryptocurrency community with a cryptic statement – they shared that "no airdrop has been confirmed".

The response seems to be directed at users who speculate that those who donate to the official address may be eligible for some sort of airdrop.

However, it is unclear what "airdrop" means, or what it might mean. That said, many Cryptoverse residents seem to be excited about the prospect.

Su Zhu, CEO and co-founder of Three Arrows Capital, commented.

“If it ends up happening and history is made here, this is the first time that the value of a digital native country has been created.”

Anthony Sassano, a well-known ETH educator, thinks it's "a great way to get more people to donate".

Others were just "baffled".

Ukrainian charities of NFT

Meanwhile, the Kiev- and Gothenburg-based incubator and NFT platform Ikonia launched a new collection of 43,302,531 NFTs – one for each Ukrainian citizen – to raise funds for three Ukrainian charities.

According to a press release shared with 0xzx.com, each NFT is called "Stand with Ukraine" and is intended to represent Ukrainian nationals.

NFT will be sold for $10 each and can be purchased with a credit or debit card.

Patrik Arnesson, co-founder and CEO of Ikonia, is quoted as saying

“The scale of the invasion has taken us all by surprise, and the freedom, history and soul of Ukraine are being threatened as we speak. We cannot sit idly by; we must provide support.”

According to his LinkedIn profile, these NFTs were designed in collaboration with New York artist and creative director Felipe Posada.

Notably, buyers can choose from one of three Ikonia-vetted Ukrainian charities, including Return Alive, Everybody Can and the Ukrainian Humanitarian Fund.

"We call on the global NFT community and NFT projects – like Bored Apes, Cryptopunks, Doodles and others – to join forces and pledge to donate proceeds to this beautiful country in its darkest moment in this beautiful country by donating the proceeds to this beautiful country. Together, we can stand up and invade," Arneson added.

According to the latest data from research firm Elliptic, the Ukrainian government and organizations supporting the military have raised a cumulative total of $24.6 million through more than 26,000 transactions to date.

On February 27 at 23:50 UTC, this figure was around $20 million.


Learn more. – Polkadot's Gavin Wood under fire for Ukrainian DOT donation proposal – Donates nearly $20 million in cryptocurrency to Ukraine

– Cryptocurrency exchanges will soon be forced to block Russian users – Kraken CEO – The Central Bank of Russia claims that its SWIFT alternative is ready

– Traditional markets, cryptocurrency losses, Moscow exchanges won't open today as Kiev and Moscow begin talks – The war in Ukraine also reached the forecast market