Three Ukrainian media outlets—Ukrainska Pravda, Novoye Vremya, and Hromadske—are partnering with NFT platform Vault to raise $1 million via NFTs, per Press Gazette.
The three outlets are reportedly hoping to sell a limited number of “NFT keys,” which offer holders access to exclusive content.
Each key—according to Vault and per Press Gazette—will “provide access to content from the publication’s brave team of journalists, photographers, and editorial team, including photos and videos, links to stories and recommended readings, a special weekly email blast for supporters, and more.”
This is not the first time Ukraine has pivoted to the crypto industry for fundraising goals.
Since Russia’s invasion of the sovereign European nation, the Ukrainian government (as well as an NGO supporting the Ukrainian military) have raised $59 million through more than 120,000 cryptocurrency donations, per Elliptic.
Ukraine’s cryptocurrency crowdfunding began on February 26, 2022, two days after Russia’s invasion began. The official Twitter account for the Ukrainian government published a tweet sharing a Bitcoin and Ethereum wallet address.
Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT.
BTC – 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
ETH and USDT (ERC-20) – 0x165CD37b4C644C2921454429E7F9358d18A45e14