Ukraine to Use NFTs to Save Its Cultural ‘DNA’ Amid Russian Invasion

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Ukraine is launching a project to preserve its cultural and historical artifacts in the face of Russia’s invasion by turning them into NFTs. By amitoj

AUSTIN, Texas — Amid the clear and present danger of Russia's military destroying Ukraine's architectural marvels, museums and other cultural sites, Ukraine plans to digitize"every single piece of art or history" it can, announced Michael Chobanian, President of the Blockchain Association of Ukraine, at"Today we are announcing a new project [aimed at] how we can save the DNA of the Ukrainian people, Ukrainian culture and Ukrainian history," Chobanian said.

Chobanian made the NFT plan announcement alongside Alex Bornyakov, Ukraine's deputy minister in the Ministry of Digital Transformation and the de facto crypto spokesperson for the government, on a panel entitled"Crypto at War: Behind Ukraine's Historic Crypto Fundraiser." NEAR Protocol's co-founder, Illia Polosukhin, who was also on stage, revealed later that NEAR will be the first blockchain partner of the project.

Ukraine's historic NFT-ization of its artifacts will also reveal"what is being held" where, in order to prevent corrupt government officials from stealing items during unpredictable times like these, Chobanian added.

 

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