Mykhailo Fedorov, deputy prime minister and head of Ukraine’s Digital Transformation (the same one who asked Elon Musk to activate Starlink in the country), has posted on his Twitter profile that the Kiev government has decided to cancel the airdrop. “Every day there are more people willing to help Ukraine fight aggression. Instead, soon we will announce NFT to support the Armed Forces of Ukraine“.
Yesterday, the Ukrainian government announced That after raise $47 million in donations from Bitcoin, Dogecoin and Ether, fans would be rewarded with a special airdrop. In general, airdrops are usually carried out by companies.
Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT.
BTC – 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
ETH and USDT (ERC-20) – 0x165CD37b4C644C2921454429E7F9358d18A45e14
— Ukraine / Україна (@Ukraine) February 26, 2022
It’s used as a promotional tool to increase the number of users of a new token or blockchain project. To unlock the free tokens, recipients are required to complete a certain task before the tokens are transferred. In this case, the goal was to promote even more donations to the country. And the cancellation could have been because it was at risk of phishing, according to various sources.
After careful consideration we decided to cancel the airdrop. Every day there are more and more people willing to help Ukraine to fight back the aggression. Instead, we will announce NFTs to support Ukrainian Armed Forces soon. We DO NOT HAVE any plans to issue any fungible tokens
— Mykhailo Fedorov (@FedorovMykhailo) March 3, 2022
The Government wanted to encourage more donations by promising rewards (which can mean more money). Many people did not see the promise of the Airdrop well, on principle. If you donate, you donate, without expecting anything in return and less of a conflict like this, as many people comment on Twitter. According to a graph posted on Twitter by NateAlex, although Ukraine has been receiving donations in cryptocurrency for days, yesterday there was a very high spike when the government announced this airdrop. Now, the donors will not receive their reward
the state of crypto pic.twitter.com/MhTjnhINvs
— NateAlex ლ⚈෴⚈ლ (@NateAlexNFT) March 2, 2022
There are also those who criticize on Twitter who find it strange that people are donating cryptocurrencies to finance a warrather than for humanitarian aid and support for refugees who have had to flee to other countries.
What are NFTs and why does a kitten avatar SELL for $115.00
NFT to self finance
Instead of the airdrop, the goal of the ministry of digital transformation will now create NFT to finance their armed forces. The fever of the NFT or of the very fungible tokens could end up raising a lot of money, if we take into account other very striking stories in which an NFT has made huge amounts of money, such as the selfies of an Indonesian boy (who himself did not understand why people wanted to buy them) or a gray pixel.
This idea could be out of a sale yesterday: the Ukrainian flag in NFT that managed to raise 6.75 million dollars to finance this war, in a sale promoted by UkraineDAO.
🇺🇦 2,250 ETH / $6.75M USD CONTRIBUTED TO THE UKRAINIAN FLAG NFT 🇺🇦
Thank you to all who supported our project 🙏
Next steps: POAP for all those who donated to partybid, work with Come Back Alive on safely transferring funds
You may still donate ETH directly to ukrainedao.eth pic.twitter.com/GsQBLzHIVK
— UkraineDAO (@Ukraine_DAO) March 2, 2022