Ukraine cancels token airdrop, reveals new NFT plans
Ukrainian Vice Prime Minister Mykhailo Fedorov knowledgeable the general public on Wednesday that the nation has determined to cancel an airdrop for crypto donors that was introduced on Tuesday and plans to boost more cash by the sale of nonfungible tokens (NFTs) as an alternative.
After cautious consideration we determined to cancel airdrop. On daily basis there are increasingly more folks keen to assist Ukraine to struggle again the agression. As an alternative, we’ll announce NFTs to assist Ukrainian Armed Forces quickly. We DO NOT HAVE any plans to situation any fungible tokens
— Mykhailo Fedorov (@FedorovMykhailo) March 3, 2022
Ukraine’s crypto airdrop program took an sudden activate Wednesday when a faux account created 7 billion “Peace World Tokens,” making it seem to be it was the official airdrop token for crypto donors.
The faux airdrop started nearly an hour earlier than the formally introduced time however was flagged quickly after by Etherscan. A pair hours later, Fedorov introduced that Ukraine plans to make use of NFTs and has given up plans of providing any fungible tokens.
The official Ukrainian crypto pockets for donations reportedly obtained $7 million in donations after the airdrop announcement, which turned a subject of debate on Crypto Twitter. Whereas the minister didn’t reveal the rationale for the cancellation of the airdrop, some within the crypto group weren’t completely happy concerning the U-turn, whereas others, like Twitter influencer Cobie, discovered some humor within the scenario.
That is the very best rug ever
— Cobie (@cobie) March 3, 2022
Associated: Anti-war Russians begin donating crypto to assist Ukraine
Initially, Ukraine introduced the airdrop on Wednesday following strong assist from the crypto group together with hundreds of thousands in digital asset donations.
Airdrop confirmed. Snapshot can be taken tomorrow, on March third, at 6pm Kyiv time (UTC/GMT +2 hours).
Reward to observe!
Observe subsequent information re Ukraine’s crypto donation marketing campaign at @FedorovMykhailo
— Ukraine / Україна (@Ukraine) March 2, 2022
Ukraine has turned to crypto amid the worsening scenario within the nation because of Russia’s invasion. Final Saturday, the official Twitter account for Ukraine shared a Bitcoin (BTC) and Ethereum (ETH) pockets handle together with a name for assist from the crypto group the world over.
Upon the crypto group’s request so as to add extra crypto assist, the official donation pockets went on so as to add Polkadot and Dogecoin addresses as effectively.
The folks of Ukraine are grateful for the assist and donations from the worldwide crypto group as we defend our freedom. We at the moment are accepting Polkadot donations too: $DOT: 1x8aa2N2Ar9SQweJv9vsuZn3WYDHu7gMQu1RePjZuBe33Hv.
Extra cryptocurrencies to be accepted quickly.
— Ukraine / Україна (@Ukraine) March 1, 2022
Studies recommend that the official donation pockets for Ukraine has obtained a complete of $37 million in tracked crypto donations.