Ukraine Raises Over $100,000 From Cryptopunk NFT Sale
The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said.
The NFT, Cryptopunk #5364, was donated to the Aid for Ukraine crypto fundraising campaign in early March. At the time, Bornyakov tweeted it was worth 56 ETH but the price of ethereum and other cryptocurrencies was significantly higher before the latest crypto market slump.
The global crypto community continues to support Ukraine, Alex Bornyakov noted in a tweet on Monday, announcing the sale of the token from the Cryptopunk collection. “Just wanted to thank crypto community for such generous donations,” Mykhailo Fedorov, who also serves as Ukraine’s Vice Prime Minister, tweeted on Tuesday.
What do you think about Ukraine’s decision to sell the Cryptopunk NFT now? Tell us in the comments section below.