NFT sales will finance the restoration of physical monuments in Ukraine
"NFT[s] won't stop Russian missiles, but blockchain technology will help Ukraine's economic recovery and development ", said Alexander Borniakov. .
The Ukrainian government will use proceeds from the sales of a non-fungible online museum, or NFT, to restore works of art to the real world.
According to an announcement on Friday and information shared with Cointelegraph, the Ukrainian Ministry of Culture and Information Policy said that the government platform Meta History Museum of War, aimed at preserving the chronology of events milestones of Russia's war with Ukraine, raised 803.28 Ether (ETH) — about $1.3 million at the time — through NFT sales. The ministry said the proceeds from the sales will go to "the restoration of Ukrainian cultural institutions", many of which have been damaged or destroyed by missile attacks from Russia.
"During the six-month war in Ukraine, the Russians destroyed hundreds of our museums, theaters and cultural institutions," said Oleksandr Tkachenko, Ukraine's Minister of Culture and Information Policy. “Ukrainian culture and national heritage have been damaged by almost 6 billion euros, and judging by the actions and intentions of the Russian Federation, this figure will only increase.”
Alexander Borniakov, Deputy Minister of Digital Transformation of Ukraine for Information Technology Development, added:
"NFT[s] won't stop Russian missiles, but blockchain technology will help Ukraine's economic recovery and development as an innovation-friendly country."
We wish this was the last drop of NFT artwork, but Russia continues to destroy our homeland
As a result, we represent the 3rd drop in event artwork between March 15 and March 31. It includes masterpieces created by Maria Oz, Anton Abo, Oleksii Dyvysenko and others. pic.twitter.com/T43keVzVgL
— Meta History: Museum of War (@Meta_History_UA) July 22, 2022The Ukrainian government
"NFT[s] won't stop Russian missiles, but blockchain technology will help Ukraine's economic recovery and development ", said Alexander Borniakov. .
The Ukrainian government will use proceeds from the sales of a non-fungible online museum, or NFT, to restore works of art to the real world.
According to an announcement on Friday and information shared with Cointelegraph, the Ukrainian Ministry of Culture and Information Policy said that the government platform Meta History Museum of War, aimed at preserving the chronology of events milestones of Russia's war with Ukraine, raised 803.28 Ether (ETH) — about $1.3 million at the time — through NFT sales. The ministry said the proceeds from the sales will go to "the restoration of Ukrainian cultural institutions", many of which have been damaged or destroyed by missile attacks from Russia.
"During the six-month war in Ukraine, the Russians destroyed hundreds of our museums, theaters and cultural institutions," said Oleksandr Tkachenko, Ukraine's Minister of Culture and Information Policy. “Ukrainian culture and national heritage have been damaged by almost 6 billion euros, and judging by the actions and intentions of the Russian Federation, this figure will only increase.”
Alexander Borniakov, Deputy Minister of Digital Transformation of Ukraine for Information Technology Development, added:
"NFT[s] won't stop Russian missiles, but blockchain technology will help Ukraine's economic recovery and development as an innovation-friendly country."
We wish this was the last drop of NFT artwork, but Russia continues to destroy our homeland
As a result, we represent the 3rd drop in event artwork between March 15 and March 31. It includes masterpieces created by Maria Oz, Anton Abo, Oleksii Dyvysenko and others. pic.twitter.com/T43keVzVgL
— Meta History: Museum of War (@Meta_History_UA) July 22, 2022The Ukrainian government
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