A few pixels – The war declared by Russia on Ukraine is leading to an outpouring of solidarity throughout the world. Beyond military, financial and food assistance, crypto ecosystem players have also gotten their hands on the wallet. Donations are flowing through crypto assets and NFTs are also the subject of this, as is the case with this CryptoPunk.
All you need is an Ethereum address
Among the many donations, one of them concerns an NFT, these famous digital illustrations registered in the blockchain. In fact, the company ELLIPTICALspecializing in the analysis of blockchain transactions, has identified the transfer of an NFT belonging to the famous collection of ” CryptoPunks ». This precious jpeg was sent to the Ukrainian government’s ETH wallet.
At the time of writing these lines, the value of the non-fungible asset granted (the CryptoPunk #5364) is estimated at $200,000. With the current evolution of the markets, it is not inconceivable to imagine that this value could increase in the months to come.
A first for NFTs
This type of donation is no longer an isolated case. The cryptocurrency market is experiencing a resounding boom, and is now established in a global movement, to compensate for traditional financial systems. Thus, no less than 35 million dollars have already been transferred to the wallets Ukrainians. An unprecedented proof of support, and which is only in its infancy as the possibilities offered by the blockchain are great.
The marketplace of NFT are not to be outdone, and are becoming more and more democratized, offering everyone the chance to acquire works of art with high monetary value.
For now, the challenge is launched and the cause may be found for the hundreds of holders of “CryptoPunks” and others Bored Apes. The crypto community has clearly come together in support of Ukraine, all over the world. A trend that could probably last and inspire other donors. Even collections of charitable NFTs.