HomeCryptocurrencyCrypto donations fund ATVs and gasoline masks for Ukrainian navy

Crypto donations fund ATVs and gasoline masks for Ukrainian navy

Ukrainian officers have used funds from the crypto donation platform launched by the federal government to buy provides for the nation’s navy amid its ongoing warfare with Russia.

In a Friday tweet, Ukraine’s minister of digital transformation, Mykhailo Fedorov, introduced that the nation had bought 5 all-terrain autos, which “will turn out to be useful for a difficult setting” — presumably referring to circumstances close to the entrance strains with Russia or the place roads have been broken or destroyed. Funds for 3 of the ATVs originated from Support for Ukraine, a platform the federal government launched in March that accepts crypto donations “to assist folks of their battle for freedom.”

On the time of publication, Support for Ukraine has reportedly raised greater than $60 million in Bitcoin (BTC), Ether (ETH), Tether (USDT), Polkadot’s DOT, Solana’s SOL and USD Coin (USDC). Fedorov reported on Wednesday that the federal government had already used a number of the funds to provide 5,000 gasoline masks to state border guards and the military. Support for Ukraine has additionally bought greater than 5,000 “optical and thermal imaging units” for the nation’s navy because the warfare started; tablets aimed at serving to Ukrainians escaping the nation discover lodging and assist; bulletproof vests; medical provides; autos; and clothes

Associated: The Ukraine invasion exhibits why we’d like crypto regulation

Because the starting of the Russian navy invasion in February, the Ukrainian authorities has turned to the crypto house many instances as an answer for receiving funds from involved events. Fedorov introduced in April that the federal government would settle for contributions towards the warfare effort within the type of nonfungible tokens, or NFTs, which can in flip be offered to “contribute to the Ukrainian victory,” and it lately launched a charity NFT assortment with items from Ukraine’s online game builders and digital artists.