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    Home » Crypto News » Ukraine Backs Down on Airdrop Plans, Will Issue NFTs Instead

    Ukraine Backs Down on Airdrop Plans, Will Issue NFTs Instead

    Author: George Georgiev

    Last Updated Mar 3, 2022 @ 12:30

    Ukraine backed down from its plans to do an airdrop to addresses who donated for its cause. Instead, the country will be issuing non-fungible tokens.

    Ukraine will not be conducting an airdrop despite the confirmation the country issued earlier this week. Instead, the Vice Prime Minister said they will be issuing NFTs instead.

    • Much has been made of Ukraine’s purported airdrop, the snapshot for which was supposed to happen today.
    • However, Mykhailo Fedorov, the country’s Vice Prime Minister and Minister of Digital Transformation, revealed that the country will not be conducting an airdrop after all.

    After careful consideration, we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the aggression. Instead, we will announce NFTs to support Ukrainian Armed Forces soon. We DO NOT HAVE any plans to issue any fungible tokens. – Said Fedorov.

    • For what is worth, the donations to Ukraine escalated after the country revealed its plans to conduct an airdrop.
    • At the time of this writing, there is no further information on the purported NFT drop, what it will look like, or when will it take place.
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    About The Author

    George Georgiev
    More posts by this author

    Georgi Georgiev is CryptoPotato's editor-in-chief and a seasoned writer with over two years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn

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