Ukraine Inaugurates an NFT Museum to Preserve the Memory of the War

Ukraine Inaugurates an NFT Museum to Preserve the Memory of the War

With the country under Russian siege, the Ukrainian Ministry of Digital Transformation announced the launch of the “Meta History Museum of War”.

The Ukrainian Ministry of Digital Transformation has launched an online NFT museum called “Meta History Museum of War”. The purpose of the "War Museum" is to preserve the timeline of the most important events of the invasion of Ukraine.

Through Twitter, the Deputy Prime Minister of Digital Transformation of Ukraine, Mykhailo Fedorov, reported that the Ukrainian government launched an initiative with non-fungible tokens (NFT) in the form of works of art that represent key moments from the Ukrainian perspective from the Russian invasion on February 24. The NFTs expose major events of the conflict beginning at 5:45 a.m. m. local time on the day of the conflict, when Russia announced a "military operation" in the Donbas region of Ukraine.

So far, the museum's website collection is made up of 54 NFTs from key moments of the war, which will be available from March 30. Proceeds from Ethereum sales will go to "support the military and civilians."

The NFT artworks include a variety of events and sources based on Twitter posts from government officials, media photos, and world leaders' responses "accompanied by personal reflections."

"The NFT museum is a place to keep the memory of the war and the place to celebrate the identity and freedom of Ukraine." Mykhailo Fedorov expressed.

Ukraine and its initiatives related to cryptocurrencies

In addition to the goal of raising funds for the Ukrainian military, the NFT war museum's campaign appears to be directed against Russian state media, which has already been criticized by many around the world for spreading propaganda and misinformation, particularly regarding events in Ukraine after February 24. The Ukrainian NFT museum project stated that one of its main goals was "to spread truthful information among the world's digital community."

The NFTs launched by Ukraine will initially cost 0.15 ETH, just over $465 currently. The funds will go directly to “Kyiv digital crypto wallets,” according to the website.

It should be noted that on March 16, Ukrainian President Volodymyr Zelensky approved a bill officially legalizing the cryptocurrency industry in Ukraine.

Created on 31st Mar 2022