{"id":9694,"date":"2022-03-30T00:18:43","date_gmt":"2022-03-30T00:18:43","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/the-new-use-for-nfts-funding-war\/"},"modified":"2022-03-30T00:18:44","modified_gmt":"2022-03-30T00:18:44","slug":"the-new-use-for-nfts-funding-war","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/the-new-use-for-nfts-funding-war\/","title":{"rendered":"The New Use For NFTs? Funding War."},"content":{"rendered":"
The massive potential of NFTs hasn\u2019t been lost on the Ukrainian government. In Kyiv, Ukraine\u2019s capital, government employees are hard at work securing funding for their ongoing war effort. Among these fundraising efforts is a series of state-run NFT auctions.<\/p>\n
With the recent launch of Meta History: Museum of War, they\u2019re making good on an early March announcement of an impending state-run NFT launch to help raise funds for the war effort. This will add to Ukraine\u2019s robust collection of digital assets. According to the BBC\u2019s<\/em> reports, they received $5.4 million in cryptocurrency within eight hours of opening up crypto wallets for donations.<\/p>\n So how will NFTs fit into the broader picture? Interested buyers from all over the world will be able to help fund the Ukrainian war effort by purchasing pieces from the Museum of War: a digital museum established by Ukraine\u2019s Ministry of Digital Transformation. Via the Museum of War, anyone with a crypto wallet can help document and fund Ukraine\u2019s fight.<\/p>\n