Former Ukrainian boxer Wladimir Klitschko releases NFT to raise funds for country

economictimes.indiatimes.com:

Wladimir Klitschko has launched an NFT collection to aid the war-hit homeland. The decorated boxer has partnered with artist WhIsBe amid the ongoing crisis in the country. All proceeds from the collection titled — Vandalz for Ukraine: WhIsBe x Wladimir Klitschko — will go to Red Cross Ukraine and UNICEF. NFT marketplace OpenSea will be hosting the drop. The NFTs will be available to mint in a tiered pricing model of $100, $1,000 and $10,000. Funds from the NFT sale will go directly to Ukraine in its current defence against the Russian forces.

Did you Know?

You can earn interest like bank savings account on your Bitcoin wallet

The drop sale will last for three weeks starting Wednesday, March 9. Klitschko has been one of the longest-reigning heavyweight boxing world champions. «It is a magnificent initiative: a support through art, a superb 'support' at the service of people who suffer,» said Klitschko. Art can be beautiful on many levels when used to serve humanity, he added in the statement. The war-hit Ukraine has been raising funds via digital assets and cryptos. Klitschko's NFT launch is the latest addition to the monetary efforts in combating Russian strikes. Last week, Mykhailo Fedorov, Ukraine's Vice Prime Minister, tweeted about accepting international support via cryptocurrencies and the crypto community has donated more than $70 million so far. Ukraine is accepting crypto donations in Bitcoin, Ethereum, Tether, Solana, Dogecoin and Polkadot. An NFT of the Ukrainian flag also sold for $6.75 million on March 2. Recently, Alex Bornyakov, deputy minister of Digital Transformation of Ukraine said that the country has already spent $15 million of the donations it received in cryptos on