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March 26, 2022

Ukraine Opens NFT Museum To Preserve Memories Of Ongoing War

Ukraine has established a virtual NFT history museum to document Russia’s invasion. The war-torn country plans to issue a series of non-fungible tokens (NFTs), with the proceeds benefiting the government’s Ministry of Digital Transformation.

Mykhailo Fedorov, Ukraine’s Deputy Prime Minister and Minister of Digital Transformation, revealed Friday that the government has established a MetaHistory Museum to generate funds for the country’s war efforts in the aftermath of Russia’s cruel activities.

As you might expect, the “museum” is not a real structure, but rather a website that chronicles Russia’s conflict with Ukraine in chronological sequence. The effort will begin with 54 Ethereum NFTs, each symbolizing a key event during the battle, which will take place from February 24 to February 26.

The NFTs will comprise a variety of events and sources based on tweets from government officials, photographs from news sites, and responses from international leaders, all accompanied by artwork from selected Ukrainian artists.

Each NFT will be auctioned as a one-of-a-kind item for 0.15 Ethereum, with all earnings going directly to the Ministry of Digital Transformation’s wallets to assist humanitarian aid initiatives. Fedorov describes the new platform as a space to remember the battle and celebrate Ukrainian nationality and independence.

The NFTs may be viewed on the museum’s website and might be released as soon as March 30. But there’s a little catch. The digital artwork’s content will be kept hidden until it is sold.

This implies that purchasers won’t know what they’re getting until they pay for it. As the NFT museum so eloquently puts it: “You uncover the truth by purchasing MetaHistory.”

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Aside from assisting the army and civilians, the NFT program appears to be aimed to debunk the misinformation spread by Russian official media about the events after the invasion on Ukraine. According to Oleksandr Boryakov, Deputy Minister of Digital Transformation, it is critical to tell the world the truth about Russia’s invasion of Ukraine, and blockchain appears to be a strong weapon for preserving the memory of Russian war crimes.

The Ukrainian government began taking bitcoin donations just days after Russia launched a military attack against the country. Since then, over $105 million in cryptocurrency donations have flooded in from well-wishers all across the world. Ukrainian Minister Fedorov originally mentioned an NFT plan in March, following the cancellation of the country’s crypto airdrop program.