Ukraine cancels ‘crypto airdrop’ and will sell NFTs to support armed forces instead

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Ukraine has cancelled a “crypto airdrop” and will sell NFTs to support its armed forces instead, a member of its government has announced.

The “airdrop” had prompted intrigue and confusion when it was announced by Mykhailo Fedorov, the country’s vice prime minister.

He has since announced that it would cancel the airdrop but continue to look at ways for people to raise money for Ukraine through the blockchain.

“After careful consideration we decided to cancel airdrop,” Mr Fedorov tweeted. “Every day there are more and more people willing to help Ukraine to fight back the agression.

“Instead, we will announce NFTs to support Ukrainian Armed Forces soon. We DO NOT HAVE any plans to issue any fungible tokens.”

Ukraine War 24

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