As local NFT artists paintings sell out, the cryptocurrency community rallies around Ukraine

Crypto and NFT artists from all around the world are banding together to help the people of Ukraine get through these trying times.

Crypto aficionados from all around the world appear to be uniting in support of Ukraine as it fights off a full-scale Russian invasion.

Bitcoin (BTC) donations to Come Back Alive, a non-governmental organization assisting Ukraine's military efforts, were said to have received $3 million in BTC in a single donation on Friday, according to sources.

Users also flocked to social media to request that the country's Ministry of Defense accept cryptocurrency donations like USDT.

At the same time, the founder of Ukraine's Kuna exchange established a cryptocurrency fund to help local charities.

The outpouring of solidarity was even stronger on Friday.

“pan danil,” a nonfungible token (NFT) artist, has started a campaign to direct donations, hold NFT auctions, and commit a part of project sales to NFT artists in Ukraine.

A group of volunteers had established at the time of publication to curate a community list of Ukrainian NFT artists and links to their artwork on NFT platforms like Rarible, Foundation, and OpenSea.

Other Ukrainian artists, such as “voplividchau,” have reported that their NFT drops have sold out as a result of community support.

Despite the sale's success, she wrote:

It's very scary in Kiev [Kyiv] now; it was scary at night, and what will happen next is so scary. I admire how brave people are here.

Orica, an NFT platform that last year organized an NFT charity drop to benefit victims of human trafficking and started an NFT campaign to help build a school in Uganda, expressed its support for Ukraine's NFT musicians on Twitter.

The portal also looks to be directly onboarding Ukrainian NFT artists for upcoming exhibitions.

According to the Ukrainian Ministry of Defense, Russian troops have lost almost 800 men since the invasion began on February 24.

Furthermore, the group claims that Russia failed to meet its military goals on the first day of the attacks.

In Kyiv, both sides are engaged in a battle at the time of publication.

Before the battle, Ukraine's GDP was only about a tenth of Russia's, and it is likely to sink even worse as a result of the invasion.