Ukraine Launches ‘NFT Museum’ to Raise Funds and Remember

2 years ago

The Ministry of Digital Transformation of Ukraine is acceptable to motorboat the MetaHistory NFT Museum, a blockchain-based chronicle of the Russian penetration of Ukraine.

The depository volition showcase non-fungible tokens (NFTs) successful the signifier of integer creation paired with written reflections. The archetypal driblet could travel arsenic soon arsenic Tuesday, March 29, a task typical told CoinDesk connected Friday.

A cardinal diagnostic of storing information connected the blockchain is immutability, MetaHistory’s Danil Melnyk toldC CoinDesk successful an interview. Minting the artwork successful the signifier of NFTs volition assistance sphere it, helium said, portion besides raising wealth for the Ukrainian cause.

Melnyk said artists looking to beryllium featured successful the depository volition taxable a portfolio with their work, which volition past beryllium reviewed by creation directors arsenic to whether oregon not the creator’s enactment is suitable. The creator volition past beryllium fixed a humanities lawsuit to make their enactment from and the depository volition mint the last merchandise arsenic an NFT connected the Ethereum blockchain.

Each NFT volition merchantability for 0.15 ETH and each profits from the archetypal merchantability volition spell to the Ministry of Digital Transformation’s wallet. The funds volition beryllium distributed to humanitarian assistance efforts successful Ukraine, Melnyk said.

Earlier this month, CoinDesk reported that Ukraine had already received about $100 cardinal successful crypto donations.

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