People are sending crypto and NFTs to Ukraine

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Ukraine has received $57m+ in cryptocurrency donations since Feb. 24, per Elliptic, a blockchain analysis company.

People are sending crypto and NFTs to Ukraine

This includes transfers to the Ukrainian government and Come Back Alive, an NGO providing aid to Ukraine’s military. Ukraine has spent $15m of the donations on military supplies thus far, according to Alex Bornyakov, deputy minister of Digital Transformation of Ukraine.

Some contributions were huge:

  • Polkadot founder Gavin Wood donated $5m+
  • WikiLeaks founder Julian Assange and digital artist Pak donated nearly $1.9m, using a portion of funds raised from their NFT sale earlier this month
  • Chain CEO Deepak Thapliyal, who paid $23m for a CryptoPunk NFT, donated ~$290k

People are also donating NFTs, including a CryptoPunk worth $200k+. A Russian national living in the US recorded herself as she burned her passport, and will donate sales from an auction of the NFT video.

 

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