Ukraine Debuts Museum of War NFT Collection

Daniel Attoe
Daniel Attoe

Updated · Mar 28, 2022

SHARE:

Techjury is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more.

The government plans to help fund its war effort with the auction of the digital asset series. In a unique twist, buyers will have no idea what art they are purchasing until they get it.

A Token of War History

The Ukrainian Government has launched a non-fungible token (NFT) collection dubbed Meta History: Museum of War. Proceeds from the sales of NFTs in the collection will go towards funding the defense of its territory from the invading Russian armed forces.

Mykhailo Fedorov, Ukraine’s vice prime minister and Minister of Digital Transformation, announced the launch in a tweet on Friday. 

NFTs are a type of digital asset built on the blockchain. They are non-interchangeable by nature and record unique ownership of digital files, including art, photos, music, text, and even tweets.

The museum, a virtual version, consists of a collection of digital images about the war in Ukraine. It includes representations of the conflict, such as screenshots of news reports and images of war elements. 

According to the museum’s website, the project aims “to preserve the memory of the real events of that time, to spread truthful information among the digital community in the world, and to collect donations for the support of Ukraine.” It includes personal reflections of the war from the digital artists involved, both local and international.

The museum builds on the country’s move to solicit funds via cryptocurrency, an effort that yielded instant results. So far, the government has collected scores of millions of dollars in donations.

Interested artists can submit their work portfolios that will be reviewed by art directors, according to CoinDesk. Those selected will get the chance to create a piece based on an event from the war. Each NFT will cost 0.15 ether, equivalent to just over $500 at current rates.

In a departure from the norm, buyers of the Museum of War NFTs will not know which tokens they are buying until after the purchase. 

“You unveil the truth buying MetaHistory,” says the website.

SHARE:

Daniel Attoe

Daniel Attoe

Daniel is an Economics grad who fell in love with tech. His love for books and reading pushed him into picking up the pen - and keyboard. Also a data analyst, he's taking that leap into data science and machine learning. When not writing or studying, chances are that you'll catch him watching football or face-deep in an epic fantasy novel.

Leave your comment

Your email address will not be published.