$100K raises by Ukraine by selling Donated Crypto PUNK NFTs

Share This Post

the official crypto fund of Ukraine has just sold its CryptoPunk! The sale happened early on June 20th and notably, the CryptoPunk sold for a hefty 90 ETH sum – over $100K at current prices.

Story of Ukraine and Crypto Punks #5364: On March 2nd, about a week after Russia’s invasion of Ukraine began, an anonymous wallet donated cryptoPunk #5364 to Ukraine’s Crypto wallet. the official Ukraine Crypto Fund has sold the CryptoPunk to a different anonymous buyer for 90 ETH. Alex Bornyakov, Ukraine’s Deputy Minister of Digital Transformation, tweeted about the NFT sale yesterday, June 20th. By the same token, the sale was significantly above the current CryptoPunks floor price, which is sitting at 67.45 ETH.

In conclusion the crypto fund helps purchase essential, non-lethal items for Ukraine’s military. This includes things like bulletproof vests and medical supplies. Notably, while the government of Ukraine endorses the fund, it does not actually control the fund. In other words, the Ukraine government itself did not sell the CryptoPunk.

Related Posts

Digital textbooks sell as NFTs by pearson

Educational textbook publisher Pearson has just announced its plans...

Photography auction by Fellowship

Fellowship, latest NFT phptography marketplace has just launched a...

Over 8k Crypto wallets and counting by hacker of solana

The Solana network is the latest victim of a...

All new muse album set to launch

The new Muse album, “Will Of The People,” will...

Royalties to elephante’s new track

EDM producer Elephante has just announced a partnership with...

Who is the artist behind Fidenza ?

Tyler Hobbs is a visual artist and generative artist...