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Ukraine sets up NFT Museum in memory of conflict with Russia
The Russia-Ukraine conflict is one of the most notable events that have affected the entire world and caused wide uncertainty in the market. However, no one knew that it would take a war to showcase how cryptocurrencies and NFT can be used in innumerable ways. So, when it comes to the latest developments, Ukraine has set up an NFT museum to memorialize this war with Russia.
Ukraine sets up NFT museum to raise funds as well
It is important to note that Ukraine has been raising funds in order to fight off the Russian invasion of the nation and it seems that the NFT museum is a part of this effort. The launch of this new NFT museum was confirmed by Mykhailo Fedorov, Vice Prime Minister and Minister of Digital Transformation of Ukraine on March 25 via his official Twitter account. Fedorov tweeted:While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech. @Meta_History_UA NFT-Museum is launched. The place to keep the memory of war. And the place to celebrate the Ukrainian identity and freedom.Furthermore, the official website of the NFT museum claims, "100% of funds from the sale will go directly to the official crypto-accounts of the Ministry of Digital Transformation of Ukraine to support army and civilians."
Crypto and NFTs gave an edge
It is important to consider the fact that cryptocurrencies and NFTs gave an edge to Ukraine as the entire nation was able to clear the road to defend against Russia's attacks. It seems that with millions of dollars donated in crypto and NFTs to the nation, the economic stability of the country has also improved as the chances of the war nearing its end seem high.The nation has been actively supporting cryptocurrencies with Ukrainian President Volodymyr Zelenskyy officially legalizing crypto in the nation, as noted by Cryptonary.
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