Earlier, the Ukrainian Government had confirmed to conduct a ‘crypto airdrop’ to donors who contributed crypto donations to Ukraine’s crypto wallet address. Due to the Ukraine-Russia crisis, the crypto community donated millions of dollars worth of cryptocurrencies to help fund the war. However, yesterday the Vice Prime Minister of Ukraine, Mykhailo Fedorov tweeted about his decision to cancel the crypto airdrop of Ukraine that was set to begin at 6 PM according to the Kyiv time. After careful consideration we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the agression. 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 Airdrop refers to crypto projects that enable sending free tokens to investors of crypto to bid encouragement in the adoption of crypto. El Salvador is a fine example for airdrops, it is known for donating Bitcoin airdrops to its country’s citizens. Additionally, Mykhailo Fedorov also stated that instead of the crypto airdrop, Ukraine will announce non-fungible tokens (NFTs) to support the armed forces of Ukraine during this conflict.The post Ukraine Vice PM Mykhailo Fedorov Cancels Crypto Airdrop appeared first on Cryptoknowmics-Crypto News and Media Platform.
