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Ukraine Withdraws Plans for Crypto Airdrop, Says Will Support Military with NFTs

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The Ukrainians are apparently not alone in their fightback with the Russians as the public continues to render unrelenting support. The government of Ukraine has decided to cancel token airdrops in this regard and now aims to raise NFT support for Military forces in the country.

Just a day after the Ukrainian government unveiled plans for a crypto airdrop to their Ethereum donors via their official Twitter account, the Vice Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine, Mykhailo Fedorov, has taken to Twitter to announce that the idea has been scraped off.

In replacement of the cryptocurrency airdrop that was initially scheduled to take place today, Mykhailo Fedorov has announced plans to sell NFTs as a way to support the Military forces in the country.

Deducing from Fedorov’s statements, the crypto airdrop may not have been necessary as more and more donors are willing to support the invaded country with their crypto assets as each day passes.

Fedorov’s tweet reads:

“After careful consideration we decided to cancel the airdrop. Every day there are more and more people willing to help Ukraine to fight back the aggression. Instead, we will announce NFTs to support Ukrainian Armed Forces soon. We DO NOT HAVE any plans to issue any fungible tokens.”

Unlike the initial airdrop announcement which was condemned by most of the comments on the tweet, it appears that the newly proposed development to sell NFTs in favor of the armed forces is appealing to a large number of people as most of the comments to the tweet expressed agreements. Many people insinuated that it was a wiser decision to make via the comment section.

However, it also appeared that the belief of making donations without expectations is not everybody’s thing as other commenters showed displeasure to the announcement. A number of commenters complained that it wasn’t nice for the Ukrainian government to incentivize people to make donations and then cancel the incentive after they have donated.

Nonetheless, recent reports suggest that the people in Ukraine are not alone in their defense against the Russian attack, as institutions and individuals are not relenting on donating their crypto assets to support the nation. Companies are also shutting their services against Russians to discourage their attack on Ukraine. In this vein, PayPal has started restricting new users from Russia according to a recent announcement.

Cryptocurrency news, News

John Caroline

Caroline is a zealous writer who recently picked interest in Bitcoin and the cryptocurrency community. She’s always learning about the industry and aims to provide timely and accurate information about the latest developments in the crypto space

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