Tuesday, January 31, 2023
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Cryptocurrency

Ukraine Is Crowdsourcing Crypto War Funds By Offering NFT Collection

Its airdrop plan was cancelled following a spoofing incident.

by Ikmal Rozlan
March 4, 2022
ukraine nft cryptocurrency

[Photo: cryptostock/Pixabay]

56
SHARES
Share on FacebookShare on Twitter

To fund its defence efforts against the ongoing war waged by Russia, the Ukrainian government is now offering non-fungible tokens (NFTs) to cryptocurrency donors. The announcement of the upcoming NFT collection follows the cancellation of a planned airdrop, as confirmed by Ukrainian Vice Prime Minister Mykhailo Fedorov.

The airdrop was axed after a fake account minted seven billion “Peace World Tokens” that analysts suspect was created through spoofing by a third-party,  which have now been tagged by Etherscan as “misleading” and that the tokens could be spam or phishing.

After careful consideration we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the agression. Instead, we will announce NFTs to support Ukrainian Armed Forces soon. We DO NOT HAVE any plans to issue any fungible tokens

— Mykhailo Fedorov (@FedorovMykhailo) March 3, 2022

ADVERTISEMENT

For its donation efforts, the Ukraine is accepting Bitcoin, Ethereum, Tether, Dogecoin, Solana, and Polkadot, as well as NFTs. According to Elliptic, a cryptocurrency analytics firm, Ukraine has received more than US$55 million (~RM230 million) in cryptocurrency since 26 February, though that still dwarves in comparison to the US$270 million (~RM1.13 billion) it has raised so far from the country’s sale of war bonds.

UkraineDAO, a crowdfunding effort led by Russian art collective Pussy Riot and NFT studio Trippy Labs, managed to raise 2258 ETH (~RM28.2 million) by offering an NFT of the Ukrainian flag. Fedorov has not revealed exactly when the Ukrainian Armed Forces NFT collection will be coming out or how many pieces will be available.

(Source: Mykhailo Fedorov/Twitter)

What’s your Reaction?
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

Tags: CrowdfundingcryptocurrencyNFTUkraine
Updated 5:56 pm, Fri, 4 March 22
Back to top
Share22Tweet14SendShare

RELATED ARTICLES

Pokemon scam
Security

Hackers Use Fake Pokemon NFT Card Game To Take Over PCs

by Ian Chee
January 9, 2023
Square Enix
Gaming

Square Enix President Doubles Down On Blockchain

by Ian Chee
January 3, 2023
Branded

8 Best Altcoins To Invest In Malaysia

by Newsdesk
December 19, 2022
Celcom Gila Bolaverse metaverse
Branded

Join The Football Madness World On Celcom’s Gila Bolaverse

by Newsdesk
December 7, 2022

ADVERTISEMENT

LOWYAT.TV

No Result
View All Result

TRENDING TODAY

  1. 1
    Entertainment

    Malaysia’s First IMAX With Laser Hall Is Now Open At GSC IOI City Mall East

  2. 2
    Fintech

    Touch ‘n Go To Be Scrutinise By KPDN’s Task Force Soon

  3. 3
    ISP

    TM Is About To Open The First Unifi Store

  4. 4
    Cryptocurrency

    Ukraine Is Crowdsourcing Crypto War Funds By Offering NFT Collection

  5. 5
    Computing

    The New Mac mini M2 And M2 Pro Are Made In Malaysia

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2023 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2023 LOWYAT, LLC. ALL RIGHTS RESERVED.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies to improve your experience. Learn More.