A Georgian firm in cooperation with Ukraine’s Digital Data Ministry is promoting off all Russian territory nearly by way of the usage of non-fungible tokens (NFTs), a digital collectible primarily based on blockchain know-how, to troll Putin and supply funds for Ukraine.
To start out, the agency is auctioning off 2,443 areas and cities of Russia in Ethereum cryptocurrency. To this point, it has offered 23 areas for a complete worth of 18,704 US {dollars}. Those that need to make such a purchase order can achieve this by choosing a spot on the interactive map the corporate has posted on-line at russiaforsale.org/.
Later, the corporate says, it is going to put up for digital sale main items of Russian structure such because the Kremlin and Putin’s varied palaces; and after that, it has plans to supply on the market the mum of Lenin (rferl.org/a/georgia-nft-sales-russia-ukaine-fundraiser/31814302.html), once more with all proceeds going to assist Ukraine.
Based on the corporate’s web site, this represents “a solution to Russian imperialist aggression … Putin is understood for grabbing different nation’s territory. So, let’s give him a style of his personal medication.” And all indications are that this challenge and others prefer it are actually serving to Ukraine.
Crypto-asset tracker Elliptic says that since Putin launched his expanded invasion of Ukraine on February 24, “tens of tens of millions of {dollars}’ price of cryptocurrency donations” have flowed into Ukrainian coffers (elliptic.co/blog/live-updates-millions-in-crypto-crowdfunded-for-the-ukrainian-military).
For a lot of, such crypto-currency gross sales are an unique unknown. However as RFE/RL explains in reporting this one, “NFTs are primarily proof of possession of digital belongings, and their gross sales have skyrocketed in recent times, together with $69 million for a 13-year-long digital collage by American artist and graphic designer Mike Winkelmann, higher often known as Beeple.”
The Georgian agency says it has Russian lands out there for buy in all styles and sizes to suit any curiosity or pocketbook.
