Minister says Ukraine's NFT collection would be 'like a war museum'

On Sunday, Ukraine provided more details about its proposed strategy to raise revenue through the sale of non-fungible tokens (NFTs), stating that they will have art depicting news headlines regarding the country's conflict with Russia.

Ukraine NFT collection

According to Alex Bornyakov, Ukraine's deputy minister of digital transformation, the NFT collection will be "like a museum of the Russian-Ukrainian war." "In NFT format, we wish to tell the world."

Since making an appeal last month in response to Russia's invasion, Ukraine has received more than $60 million in cryptocurrency donations.

On Friday, Bornyakov tweeted that the cash had been used to purchase thousands of protective jackets, packed lunches, medical supplies, and other items for the armed forces.

After canceling a planned airdrop to anyone who donated crypto, the government first revealed a proposal to sell NFTs on March 3.

As per Bornyakov's comments to The Guardian, Ukraine has been working to perfect its NFTs before releasing them to the rest of the globe. In addition, he explained that they want it to be stylish and attractive, and that takes time.