Ukraine cancels token airdrop, reveals new NFT plans


The vice prime minister of Ukraine knowledgeable the general public on Wednesday that they’ve determined to cancel the airdrop for crypto donors that was introduced on Tuesday and plans to boost extra money via the sale of nonfungible tokens (NFTs) as a substitute.

Ukraine’s crypto airdrop program took an sudden activate Wednesday when a pretend account created 7 billion “Peace World Tokens,” disguising it to be the unique airdrop token for crypto donors.

The pretend airdrop started nearly an hour earlier than the official talked about time, however was flagged quickly after by Etherscan. A few hours later, the Ukrainian minister introduced they plan to make use of NFTs and have forfeited plans of providing any fungible tokens.

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Faux Airdrop WORLD Token Pockets  Supply: Etherscan

The official Ukrainian crypto pockets for donations reportedly obtained $7 million in donations after the airdrop announcement, which grew to become a subject of debate on crypto Twitter. Whereas the minister didn’t reveal any causes for the cancellation of the airdrop, some within the crypto neighborhood weren’t completely satisfied concerning the U-turn.

Associated: Anti-war Russians begin donating crypto to assist Ukraine

Initially, Ukraine introduced an airdrop on Wednesday following sturdy assist from the crypto neighborhood together with tens of millions in crypto donations.

Ukraine turned to crypto amid worsening conditions within the nation attributable to Russia’s invasions. The official Twitter account for Ukraine on February 26 shared a Bitcoin (BTC) and Ethereum (ETH) pockets deal with together with a name for assist from the crypto neighborhood the world over.

Upon the crypto neighborhood’s request so as to add extra crypto assist, the official donation pockets went on so as to add Polkadot and Dogecoin addresses as properly.

Reviews recommend that the official donation pockets for Ukraine has obtained a complete of $37 million in tracked crypto donations.