Meta Digest

NFTs Provide a Way for Ukraine to Preserve Its Cultural DNA

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NFT Russia’s invasion of Ukraine has cost many lives. But it also presented an additional danger. The loss of our country’s architectural beauties and museums. The fear that these cultural sites might be loose to time motivate people into taking action by creating NFTs in order to preserve them for future generations through blockchain technology.

Last Saturday, the president of Blockchain Association Michael Chobnian announced. That they plan to digitize “every single piece of art or history” they can at Consensus 2022. This is an incredible display for those who believe in its importance and hope. It inspires other industries across society as well.

“Today, we are announcing a new project [aimed at] how we can save the DNA of the Ukrainian people, Ukrainian culture, and Ukrainian history,” said Chobnian. “Right now, they are bombing museums, churches, and cultural sites. So before they destroy themselves. We’re going to digitize every single piece of art or history that we have in museums. We’re going to NFT it and put it on the blockchain.”

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The people of Ukraine have been able to benefit from crypto and blockchain technology .In order to gain a stronger defense against the Russian invasion. With over $135 million dollars generated by donors worldwide, according to analytics firm Crystal Blockchain.

Read also: Stepn Creates a Unique NFT Experience That Uses Exercise to Gain Revenue

A panel discussion known “Crypto at War: Behind Ukraine’s Historic Crypto Fundraiser” it’s where the announcement is create.

The project is the result of months-long work by Ukraine’s blockchain community.

Illia Polosukhin, co-founder of NEAR Protocol. Announced that they are partnering with the project to bring their blockchain expertise into the mix.

“It is extremely important to bring all the Ukrainian heritage on-chain. Also offer it to the world and preserve it forever,” said Polosukhin.

The project aims to create a digital window into Ukraine’s cultural DNA. Allowing anyone to view the items in one place. 

Chobanian stated, “It’s a national effort; it’s a private project. This is what the Blockchain Association of Ukraine does, and no one can delete it that way.

Chobanian manages donations made to the Crypto Fund of Ukraine. He is also the founder of Ukraine’s Kuna exchange.

The MetaHistory NFT Museum is a museum and the Ukraine government’s first NFT project. That was created to preserve facts about the war and serves as defiance against Putin’s disinformation campaign. Profits from NFTs bought from the platform will go towards funding the new preservation project.

Read also: How Fhatuwani Mukheli Is Making Waves on Traditional and Digital Spaces of Art

Opinions expressed by Meta Digest contributors are their own.

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