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Ukraine's Government Launches 'Museum of War' NFT Collection

The Ukrainian government has launched aMuseum of Warnon-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 Ukraines NFT Collection

The government of Ukraine has launched a non-fungible token (NFT) collection calledMeta History: Museum of Warto raise funds in its fight against Russia.

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

Ukraine's Government Launches 'Museum of War' NFT Collection

The mission of the Museum of War NFT project isTo 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 presentsA chronology of events of the Ukrainian history of modern times, set in stoneThe 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 til 7,000 NFTs priced at around $450 each, Forbes reported, adding that they will be sold over the Ethereum blockchain.

The official Twitter account for the NFT collection explained: “Our warline includes every substantial event of the warAll 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 Transformations wallets to support Ukraine.

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

marts 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.

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