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 based mostly on blockchain expertise, 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 date, it has offered 23 areas for a complete value of 18,704 US {dollars}. Those that wish to make such a purchase order can accomplish that by deciding on a spot on the interactive map the corporate has posted on-line at russiaforsale.org/.
Later, the corporate says, it should put up for digital sale main items of Russian structure such because the Kremlin and Putin’s numerous 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.
In keeping with the corporate’s web site, this represents “a solution to Russian imperialist aggression … Putin is thought for grabbing different nation’s territory. So, let’s give him a style of his personal medication.” And all indications are that this venture and others prefer it are in reality 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 basically proof of possession of digital property, and their gross sales have skyrocketed lately, together with $69 million for a 13-year-long digital collage by American artist and graphic designer Mike Winkelmann, higher often called Beeple.”
The Georgian agency says it has Russian lands out there for buy in all styles and sizes to suit any curiosity or pocketbook.
