Crypto art mobilizes for Ukraine. An NFT of the Ukrainian flag sold for 6 mln euros

Crypto art is also moving to supportUkraine: in the past few days, between February 26 and March 2, an organization of digital artists renamed Ukraine DAO and the brainchild of a Ukrainian activist living in England, Alona Shevchenko, initiated an online auction that put up for sale a flag of Ukraine in NFT format, totaling the sum of 2,258 ETH (or about 6.15 million euros). The sum was reached thanks to the resources provided by 3,271 donors who thus became the owners of the NFT shares, whose ownership was thus divided among all those who bid. The proceeds were donated to Povernys žybym - Come Back Alive, a Ukrainian humanitarian organization founded in 2014 that will distribute food and medicine to the people of Ukraine.

“Our goal,” activist Nadia Tolokonnikova, a member of Pussy Riot and also of Ukraine DAO, had told the trade magazine Decrypt, “is to raise funds to donate to Ukrainian civilian organizations that help those suffering from the war started by Putin in Ukraine.” The NFT is a simple banner of Ukraine because, Tolokonnikova again explained, “it is not about artists or aesthetes, it is about something much bigger than all of us, it is a pure gesture of solidarity.” Among the donors who offered the highest amounts, Decrypt further explained, is OnlyFans, the paid content site widely used to convey adult content, which sent 500 ETH (about 1 million euros).

Crypto art mobilizes for Ukraine. An NFT of the Ukrainian flag sold for 6 mln euros

Warning: the translation into English of the original Italian article was created using automatic tools. We undertake to review all articles, but we do not guarantee the total absence of inaccuracies in the translation due to the program. You can find the original by clicking on the ITA button. If you find any mistake,please contact us.