Ukraine has allowed crypto as a form of donation and getting aid in this terrific war situation. But due to the fake coin generations, the Ukraine government has cancelled accepting donations in crypto.
Now they are planning to raise funds by selling NFTs. Through the selling of NFTs, the country is planning to help the armed forces.
Etherscanner found the coins were fake and cancelled them immediately. Though the entire crypto airdrop plan failed, it proved as a marketing tool for generating further donations in other latest technological forms. After the announcement of the crypto airdrop, the Ukrainian government has collected $ 50 million. Not bad!
Ukraine is the biggest adopter of cryptocurrency after India, Vietnam and Pakistan.
Ukraine has launched a crypto donation programme and actually, it receives huge support from the crypto audience in the form of digital assets.
Still, the reason behind the sudden cancellation of the crypto airdrop program is perplexing. It creates strange effects on crypto donors but on a positive note soon they will find another way to buy NFTs and help Ukraine.
To know more about NFTs Click Here
Author Name : Kiran Sagar