15 Feb 2025

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CryptoPunk #5364 sold to aid the Ukrainian army

CryptoPunk #5364 sold to aid the Ukrainian army

The Ministry of Digital Transformation of Ukraine continues to globally conquer the digital realm and walk hand in hand with future technologies.

Since the start of Russia's full-scale invasion of Ukraine, the Ukrainian ministry launched a governmental cryptocurrency fund aimed to aid the Armed Forces. The fund raised not only crypto tokens but also received exclusive NFT donations. One of which was a rare and particularly valuable non-fungible token from the CryptoPunk collection. CryptoPunk #5364 was sold and the money will be transferred to the fund and redistributed for the needs of the Ukrainian Armed Forces that bravely continue to defend Ukraine’s territory. The unique NFT piece was sold for 90 ETH, which equals more than $100,000, considering the current market situation. 

A few months earlier, the ministry also launched a “Donate NFT” section on its website, where anyone from the world can donate their NFT collectibles and help raise money for the Ukrainian army. 

With these funds, we managed to buy dozens of machines, equipment, drones and other equipment that are important for the defense of the country.

said Mykhailo Fedorov, Vice Prime Minister of Ukraine and Minister of Digital Transformation.

Source: https://cryptopunks.app

Source: https://cryptopunks.app

By the way, there are many more NFTs on the site that you can buy. We use the latest technologies to bring Ukraine closer to victory.

Fedorov added.

At the beginning of the war, the digital ministry also launched an NFT project “Museum of  War” which was created by both Ukrainian and international artists. The collection chronologically depicts the events of the Russian war against Ukraine. 

Also, the web portal and mobile app “DIIA” which was developed under the guidance of Fedorov as part of the Ministry of Digital Transformation agenda, won the Cannes Lions International Festival of Creativity 2022 award in the “Creative Business Transformation” category. DIIA was launched in 2020 and it allows citizens of Ukraine to receive and officially use digital documents for identification, verification in banking, as well as over 50 other governmental services. 

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