Ukraine MDT's NFT Museum Helps Military By Selling Non-Fungible Token Artworks!

Ukraine MDT (Ministry for Digital Transformation) launched the so-called "Meta History Museum of War" to further help the country's military.

(Photo : Photo by Spencer Platt/Getty Images)
Armed soldiers without identifying insignia keep guard outside of a Ukrainian military base in the town of Perevevalne near the Crimean city of Simferopol on March 17, 2014 in Perevevalne, Ukraine. Voters on the autonomous Ukrainian peninsular of Crimea voted overwhelmingly yesterday to secede from their country and join Russia.

This NFT collection was first introduced by the agency in early March. At first, the crypto artwork collection was meant to be a documentation of the ongoing conflict between Russia and Ukraine.

The Meta History Museum of War shows the events happening in Ukraine as the conflict continues. As of press time, the NFT collection of MDT contains 54 NFTs, which show the events that happened during the first days of the Russia-Ukraine conflict.

Ukraine MDT Sells NFTs To Support Military

According to Engadget's latest report, selling NFTs is now one of the major efforts conducted by Ukraine's Ministry for Digital Transformation to support the country's soldiers.

(Photo : Photo by JUSTIN TALLIS/AFP via Getty Images)
An illustration picture taken in London on December 30, 2021, shows gold plated souvenir cryptocurrency coins arranged by a screen displaying a NFT (Non-Fungible Token) logo. - Non-fungible tokens or NFTs are cryptographic assets stored on a blockchain with unique identification metadata that distinguish them from each other. (Photo by Justin TALLIS / AFP)

Also Read: Crypto Dystopia: Ethereum Founder Worries About Some Blockchain Trends, Including NFT's Rising Value

"The formula of each NFT is clear and simple: each token is a real news piece from an official source and an illustration from artists, both Ukrainian and international," said MDT.

The agency added that the NFTs are created in chronological order, allowing consumers to further understand the major events taking place during the conflict.

As of the moment, Ukraine already generated more than $100 million in crypto donations ever since the issue began. Recently, Ukraine President Volodymyr Zelensky even signed a new bill that officially legalize the crypto industry within the country.

The Meta History Museum of War

MDT's official NFT museum website explains that the Meta History Museum of War NFT collection is expected to generate crypto funds, which will then go to the agency's official cryptocurrency accounts.

The money collected will be used to help the army, as well as the affected civilians in Ukraine. The actual NFT sale will start around Mar. 30. As of the moment, the only digital coin supported by the NFT project only supports Ethereum.

If you want to see further details about Ukraine MDT's new NFT museum, you can visit this link.

In other NFT news, Shiba Inu NFT Metaverse will soon bring some Shiba Cities, Shiba Pets NFT, and other crypto content.

On the other hand, LimeWire has returned. But, it came back as an NFT marketplace.

For more news updates about NFTs and other blockchain topics, always keep your tabs open here at TechTimes.

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Written by: Griffin Davis