Ukrainian government sells NFTs combining art and tweets to finance the army

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Ukraine yesterday dropped a series of NFTs to raise funds for the country’s military and civilians. Ukraine’s powerful and prolific communications on social media (under Russian attack) – the result of a very young and technically savvy government – are reflected in NFTs, which are made up of wartime tweets and images of artists. Each work costs 0.15ETH (£390).

The drop is from the Meta History Museum of War, the official collection of the Ukrainian Ministry of Digital Transformation, in what has been described as a modern take on war bonds. “This collection is there to preserve the memory of real events at given times during the war, to disseminate truthful information through the digital community around the world, and to collect donations in support of Ukraine,” a statement from website.

Alex Bornyakov, a 40-year-old marketing technology entrepreneur who owned a New York-based company and is now deputy minister of the Department of Digital Transformation, kicked off the museum with a tweet on March 25: “Today the computing, blockchain and NFT are the tools to preserve Ukraine’s statehood and history. With the support of our partners, we launched the NFT-museum @Meta_History_UA. Rebuilding the country requires modern solutions.

Profits will be transferred to the ministry’s official Ethereum wallet “for the humanitarian needs of Ukraine”, according to a government statement.

The museum gallery is presented as a timeline of the war which combines chronological texts of tweets and war footage with works by Ukrainian artists such as Ivan Ponomarchuk, Kvi Kvi, Hordiy Vasylash, Iryna Vale and Ekaterina Kolesnik, accompanied by short and dramatic descriptions.

One of the earliest works, by Ponomarchuk, timed to 5:58 a.m. on the morning of the invasion, depicts a young man asleep in bed, a missed call from his mother, and a tweet from Ukrainian Foreign Minister Dmytro Kuleba saying that Putin has launched an invasion: “The world can and must stop Putin.

As of Wednesday, the Department of Digital Transformation had already raised more than $71 million in crypto out of a $200 million target during a campaign on its online portal. Earlier in March, Bornyakov tweeted that “every helmet and vest purchased via crypto donations is currently saving the lives of Ukrainian soldiers”. He also appeared on a YouTube crypto finance talk show called Bankless. touting the role of crypto assets in financing the country’s resistance since the invasion.

The Ministry of Digital Transformation hailed other initiatives raising funds for Ukrainian war relief, such as technology platform Holy Water, which raised more than $63,000 with around 500 participating artists, according to its site. The ministry also integrated hackers into a “cyber army” who attacked the Central Bank of Russia.

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