$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

NFTs on Facebook

NFTs are now available on Facebook after months of...

Role of Doxxing in NFT

The word 'Doxing' is short for "dropping dox" and...

Founder of Baller Apes Club may sent for prison for 40 years.

Le Anh Traun, the founder of the Baller Apes...

Kylian Mbappé PSG Star bring back NFT Football Fantasy Platform Sorare

Kylian Mbappé French football star is the latest athlete to...

  Doodles to unveild dynamic NFT Doodles 2

Doodles 2 Doodles is a collection of 10,000 NFT compounds...

Prediction of NFT market be worth of £84bn by 2028

An NFT market prediction by a global research company...