5 NFT projects that are raising funds to help Ukraine

These projects are selling art and digital digital technologies are these electronic tools that have the ability to generate, store or even process data. goods in the form of NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. to support the Ukrainian military and civilians in Ukraine in the midst of the armed conflict with Russia.

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After Russia’s armed invasion of Ukraine, many initiatives have emerged to provide support to the Ukrainian armed forces. The digital currency currency is a medium of exchange that defines value. community has put a lot of effort to help the country. The cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. Binance donated $10 million, the founder of Polkadot Gavin Wood, sent the Ukrainian government just over $6 million in DOT while industry leaders such as Sam Bankman-Fried and Deepak Thapliyal have also contributed large sums.

En general, las recaudaciones en criptomonedas han ido en aumento desde que empezó el conflicto a finales de febrero. Esta semana, el viceministro de Transformación Digital de Ucrania, Alex Bornyakov, aseguró recientemente que la nación ha recibido “ close refers to the closing price; similar to the same term used in stock trading. to USD $100 million ” in cryptocurrencies. Not everything has gone to the government, also non-governmental organizations that provide support to civilians and military have several million dollars in digital assets, according to data from Slow Mist .

At the same time, cryptocurrency enthusiasts have banded together to launch art projects of tokens Non-Fungible Trust a trust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary. Funds (NFTs) and centralized a centralized organizational structure is one in which a single node or a small number of them are in control of an entire network. autonomous organizations (DAOs) focused on raising funds for Ukraine. Here are five NFT initiatives that are providing support to the country under threat of war:

1. Holy Water

More than 200 Ukrainian artists teamed up with technology company Holy Water to launch a series of digital collectibles in support of Ukraine. The artists, represented by the country’s leading galleries including Port Agency, IZOLYATSIA yUgalleryare creating an NFT collection for the purpose of raising funds for the Ukrainian military.

According to the news outlet Barrons , además de obras de creadores reconocidos, la collection will also feature paintings made by children in air raid shelters . The initiative was launched last week and is currently auctioning 80 NFT at a minimum price of 0.08 ETH each, or about USD $225 by press time.

Holy Waters says it hopes to raise $1 million from the project. The funds will be sent directly to Ukraine’s Ministry of Digital Transformation, which is handling cryptocurrency donations. Kiev-born artist Oleksiy Say, best known for his artistic invention, Excel-Art invited people to participate in the auction an auction is a public sale through a bidding process where an asset is sold to the highest bidder. in a statement.

Soon we may not have enough time to make art. So I invite everyone to enjoy the art and donate to help one of the most important global initiatives of the 21st century.

We’ve united 500+ artists and have been working 24/7 from bomb shelters to launch #WorldSaveUkraine NFT collection. All proceeds will go to the official wallet a place where cryptocurrency users can store, send and receive digital assets. of Ukraine. The mint is NOW live at https://t.co/uG6q6SzzPu . @FedorovMykhailo @Zeneca_33 @cabline @beeple @garyvee pic.twitter.com/AA5xWYNs6F

— Holy Water???????? (@HolyWaterUA) March 4, 2022

2. Ukraine DAO

Another project in support of the country is founded by Nadya Tolokonnikova of the Russian activist groupPussy Riot. The artist of the feminist punk-rock collective, together with members of Trippy Labs y PleasrDAO created Ukraine DAO decentralized autonomous organization, system of rules that define how a decentralized organization should operate and which actions it should take. a collective fundraising effort with the goal of raising as much money as possible to send to the troops in Ukraine.

The group has already successfully carried out the sale of a Ukrainian flag in the form of a NFT for a total of 2,258 ETH (about $6.75 million). The sale of the NFT was conducted as an auction of PartyBid This allowed people to pool resources and bid collectively for fractional ownership of the digital piece.

Ukraine DAO says it will launch a token called LOVE and distribute it to contributors’ wallets. While these tokens “shall be of no use or value,” are a beautiful testimony and reminder of your contribution to a noble cause. “said the group. The proceeds have been sent to Come Back Alive an organization that donates supplies to Ukrainian civilians and the Ukrainian military.

???????? 2250 ETH / $6.75M USD CONTRIBUTED TO THE UKRAINIAN FLAG NFT ????????

Thank you to all who supported our project ????

Next steps: POAP for all those who donated to partybid, work with Come Back Alive on safely transferring funds

You may still donate ETH directly to ukrainedao.eth pic.twitter.com/GsQBLzHIVK

— UkraineDAO.eth (@Ukraine_DAO) March 2, 2022

3. Waone Interesni Kazki

The surrealist painter Waone Interesni Kazki, one of the most prominent and influential artists of Ukraine, has reached an agreement with A Gallery to sell their artwork as NFT in support of the country. According to 360 Magazine In addition, 50% of the funds raised through sales of the NFTs will go directly to Ukrainian protection and medical resources.

The gallery has already sold a total of 11 tokenized artworks that bring in $1,400 to help Ukraine, according to the media outlet. The goal is to raise USD$7,000 through the sale of well-known paintings by the author such as ‘. The Seed of a Good Idea ‘, ‘ Beta to Alpha Transition ‘ y ‘ Prisoned Mind ‘. These unique edition NFTs are currently on sale for around $290 each.

“ My beautiful country is under attack, for no other reason than greed for power.” wrote Kazki in a post on Instagram in which he unveiled the initiative:

I have had to leave my studio, which is my livelihood, and go to the bomb shelters, while I watch my strong compatriots being killed and our culture destroyed. I can’t explain how this makes me, my fellow artists, and my friends and family feel. But, we are fighting! .Para ayudar a hacer frente a esto, he estado vendiendo NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). con @agallerynfts.

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A post shared by Waone Interesni Kazki (@waone_interesnikazki)

4. Boxeador Wladimir Klitschko lanza serie NFT

Ukrainian boxing legend and two-time world heavyweight champion, Wladimir Klitschko, has also released a collection of tokens non-expendable to support Ukraine in the midst of the conflict with Russia.

The collection, titulada “Vandalz for Ukraine: WhIsBe x Wladimir Klitschko”, has been created in partnership with the artist WhlsBe and will be available for sale through the marketplace OpenSea . The digital pieces will be available for minting in the coming weeks in a tiered pricing model of USD$100, USD$1,000 and USD$10,000.

Proceeds from the collection will be donated to the Ukrainian Red Cross Society and UNICEF, according to the official statement . Klitschko described the development as a ” superb support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. in the service of suffering people ”. He also added that ” art can be beautiful on many levels when it is used to serve humanity”. . For his part, the artist WhlsBe, added:

It is amazing to be able to use my art and this emerging technology to help others in need and provide immediate relief anywhere in the world.

Extremely honored to be a part of this #NFT drop!@WhIsBe x @Klitschko – Vandalz For Ukraine

100% of proceeds will be donated to Red Cross Ukraine, UNICEF & Ukrainian Relief Funds!

Check out the collection exclusively on @opensea !

↘️↘️↘️https://t.co/KDj6FD4RNQ pic.twitter.com/YbwhauJ6Gm

– Metacurio (@metacurionft) March 9, 2022

5. Art for Ukraine

Los Angeles-based artist Amir Fallah joined the group of creators who are seeking to raise funds for Ukraine through NFT. In a project called Art for Ukraine Fallah has brought together several artists such as Sara Ludy and Ana Maria Caballero to auction tokenized works on the blockchain. Tezos .

According to the mediaArtNewsEach artist has contributed one work, each of which has been minted in a series of 100 NFT. The proceeds from the sale are sent to seven charities that help Ukraine, although it was not specified which ones. It is also possible to donate directly in XTZ, the token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. of Tezos . El proyecto ha recaudado más de USD $20.000 en criptodonaciones.

In addition to auctioning an NFT collection, the project has also opened a digital space to promote Ukrainian artists. in a gesture to collaborate with creators distressed by the conflict situation. The gallery exhibition was opened on the platform a place to buy, sell and store cryptocurrency muse.place . Fallah told the news portal about the launch of this space:

Even if they don’t live in Ukraine right now, or aren’t on Twitter promoting their projects. They are probably in a state of distress and trying to figure out what to do to help their families and loved ones. So we thought, ‘We’ll promote them’.

Very happy to release “Artifact” tomorrow for “Art For Ukraine”. 100% of profits & secondary sales will go to fund charities helping in Ukraine.

Works will be listed at 9am pst tomorrow. No offers, 1st come 1st serve. Join us!

100:100 sold for 1 Tez. https://t.co/kdGzK3cC4n pic.twitter.com/1ikVzfytrC

– AMIR H. FALLAH (@AmirHFallah) March 6, 2022

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Meanwhile, the popular NFT projectBored Ape Yatch Club reported esta semana que donó USD $1 millón para contribuir con la causa. El gobierno de Ucrania, que ha estado recibiendo donaciones en varias criptomonedas incluyendo Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. ,Ether the form of payment used in the operation of the distribution application platform, Ethereum. y Dogecoin announced that he had planned the launch of its own NFT collection as a way to continue to expand fundraising efforts.