Ukraine Raises Over $100,000 From Cryptopunk NFT Sale

Ukraine Raises Over $100,000 From Cryptopunk NFT Sale

Ukraine sells donated cryptopunk nft  for $100K to support war effort. The NFT was given to the country in March near the start of its crypto fundraising campaign. 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.

Ukrainian authorities have raised over $100,000 from the sale of a Cryptopunk non-fungible token (NFT), Minister of Digital Transformation Mykhailo Fedorov and his deputy, Alexander Bornyakov, announced on social media. The unique collectible was acquired by an unknown investor for 90 ethers (ETH).

In total, Ukraine has raised more than $135 million in crypto donations since making its wallet public in February, including $6.75 million in a single sale of a Ukrainian flag NFT.

CryptoPunk values have shoot in recent days, fueled by news of Yuga Labs hiring a new brand lead for the collection.

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.

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