As the Ukrainian government witnessed uninterrupted financial assistance in the form of cryptocurrencies, cross-border sanctions and intensifying wars were needed to recognize the importance of cryptocurrencies. Non-fungible token (NFT)..
In an ongoing effort to support citizens and their needs, Ukrainian Deputy Minister for Digital Transformation Alex Bornyakov has announced the sale of the CryptoPunks NFT for 90 Ether ()ETH) Received as a donation on April 20, 2022.
Latest News on Cryptocurrency Donations: #CryptoPunk # 5364 is priced at 90 ETH. It’s over $ 100,000.A few months ago, this NFT @_AidForUkraine Fund. The crypto community continues to support Ukraine.
— Alex Bornyakov (@abornyakov) June 20, 2022
CryptoPunk5364NFT was donated to Assistance to Ukraine Campaign by user 0x165cd3 who procured artwork at 16.19ETH on March 1, 2022. It was worth $ 31,722 at the time. Immediately after the NFT was donated to Ukraine, the 100ETH purchase offer went to $ 288,414 on April 27th. This is the highest bid I have ever received.
Fast forwarding until June 19, Ukraine sold the CryptoPunk 5364 for 90 ETH for $ 102,640. However, the purchaser, 0xc08f6d, Consumable $ 103,523 to cover Ethereum’s gas charges.
NFT belongs to the collection of 6039 Man Pixelized variations of punk and male characters.
Related: Ukraine, the third country outside the EU, joins the European blockchain partnership
Ukraine became the third non-member state of the European Union after Norway and Liechtenstein and joined the European Blockchain Partnership (EBP) as an observer. Following this move, the country plans to expand interstate blockchain network partnerships with other countries.
Konstantin Yarmolenko, Founder and CEO of Virtual Assets of Ukraine, told Cointelegraph about Ukraine’s interest in running EBSI test nodes and pilot use cases for cross-border public services based on blockchain technology.
He further emphasized that cryptocurrency donations during the Russia-Ukraine War were “proven as important support”, saying:
“The next step is the complete blockchain integration of Ukraine and the EU under the EBP / EBSI initiative.”
