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.

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.

Pretend airdrop WORLD token pockets  Supply: Etherscan

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.

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.

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.

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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.

Studies recommend that the official donation pockets for Ukraine has obtained a complete of $37 million in tracked crypto donations.

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