Ukraine to Use NFTs to Save Its Cultural ‘DNA’ Amid Russian Invasion

Jun 13,2022
KingData News: Ukraine plans to digitize "every single piece of art or history" it can, announced Michael Chobanian, President of the Blockchain Association of Ukraine, at Consensus 2022 on Saturday. "Today we are announcing a new project [aimed at] how we can save the DNA of the Ukrainian people, Ukrainian culture and Ukrainian history," Chobanian said. "Right now, they are bombing museums, churches, and cultural sites. So before they are destroyed...we're going to digitize every single piece of art or history that we have in museums. We're going to NFT it and put it on the blockchain," Chobanian said. Ukraine has already leveraged crypto and blockchain to finance its defense against Russia's invasion, raising over $135 million in crypto from donors around the world by mid-May, analytics firm Crystal Blockchain told CoinDesk. NEAR Protocol's co-founder, Illia Polosukhin revealed that NEAR will be the first blockchain partner of the project.
This indicator tracks the latest developments in Ukraine events in real time and keeps an eye on the impact on the crypto market sentiment.