Ukraine’s crypto-crowdfunding push began on 26 February 2022 after the government’s official Twitter account announced crypto-donations. Since then, it has received well over $88 million in donations alone.
Web3 communities — from DAOs to memecoin holders to NFT collections — have announced projects and initiatives centered around contributing to Ukraine’s relief efforts. Now, inspired by its community members’ contributions, the Bored Ape Yacht Club (BAYC) NFT collection is the latest to lend a helping hand to the war-torn country.
On 9 March, it donated $1 million to Ukraine’s official Ethereum wallet address. As per its Etherscan transaction link, itsent 388.999 ETH (a little over $1 million) for this cause.
<p lang=«en» dir=«ltr» xml:lang=«en»>It's been inspiring seeing our community come together in support of Ukraine – almost $1m in ETH has been donated to @Ukraine by wallets containing a BAYC ecosystem NFT. Today we're matching that with a $1m ETH donation of our own. Read more on ambcrypto.com