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Ukraine Crypto Airdrop Cancelled By Vice Prime Minister

The Vice Prime Minister of Ukraine has canceled the scheduled crypto airdrop, opting instead to announce NFTs for troops’ support.

air-drop
Photo by Prostock Studio / Envato

The Prime Minister of Ukraine, Mykhailo Fedorov has announced that Ukraine has indeed canceled its crypto airdrop.

The airdrop in question was to occur today at 6 PM Kyiv time. Taking to Twitter, Fedorov made the announcement to inform everyone that after taking it under consideration, the airdrop wouldn’t be taking place.

In addition to this news, he also announced that Ukraine would have NFTs to support the armed forces of the country. Also pointed out in the tweet was the fact that Ukraine doesn’t have any plans to issue any fungible tokens.

This is the latest in a series of updates that are related to crypto regarding crowdfunding efforts made in support of Ukraine in light of the Russian invasion. The official Twitter account of Ukraine was previously publishing information pertaining to any and all crypto donations made in an effort to aid them.

As of yesterday, those updates have instead been moved from the Ukrainian government’s Twitter to that of the Vice Prime Minister, Fedorov.

In this past week, Ukraine’s been receiving an ample amount of crypto donations in Bitcoin, Ethereum, as well as other cryptocurrencies. On the 26th of February, 2022, their government made the first announcement saying it was “now accepting cryptocurrency donations.”

According to blockchain records, they’ve received in total over $10 million and $16 million in Bitcoin and Ethereum respectively. The total amount of cryptocurrency to date that has been raised, amounts to well over $50 million.

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