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Ukraine Readies NFT Sales as Crypto Donations Top $60 Million

  • The Ukrainian government will soon end its museum NFT sale
  • It’s also preparing to give away crypto to 66,000 refugees
Bloomberg business news
Ukraine Has Collected $31 Million in Crypto Donations

Ukraine is launching a web page for selling the estimated 300 nonfungible tokens it has received in donations to help in the nation’s war effort.

The NFTs include a donated CryptoPunk that is expected to fetch about $200,000, according to Alex Bornyakov, deputy minister of Digital Transformation of Ukraine. Only between 5% and 10% of the donated NFTs are valuable, he said in an interview. The Web page, which could be started within the week, will also offer 10 NFT collections created by independent companies that have pledged all the proceeds to Ukraine.