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- The Ukrainian government has announced an airdrop for anyone who donates to its crypto donation fund by March 3 at 11 a.m. ET (9:30 p.m. IST). The possibility of a reward for the global community of donors opens up new use cases for cryptocurrency among mainstream audiences.
- The Vice President urged Elon Musk, the wealthy CEO of SpaceX and Tesla, to join the fight against Russian invaders. It was the Ukrainian government’s most recent crypto-related step. Elon Musk has been a loud and enthusiastic supporter of Dogecoin. As a result, Ukraine has attempted to take advantage of the situation.
- Previously, Ukrainian President Volodymyr Zelenskyy contacted Elon Musk for assistance with Ukraine’s unstable Internet service. Musk answered by claiming that Starlink’s activities were operational throughout Ukraine. Since February 26, the war-torn country has accepted crypto donations in Bitcoin, Ethereum, and Tether (USDT), with a Polkadot address added to the mix earlier this week on March 1. According to blockchain analytics firm Elliptic, the country has received upwards of $46 million (approximately Rs. 345 crore) in bitcoin donations so far.
In addition to other cryptocurrencies, the Ukrainian government has chosen to accept Dogecoin donations. In the midst of the escalating Russian invasion, Ukraine has turned to the international crypto community for donations in a desperate attempt to raise more funding. Since February 26, the war-torn country has accepted crypto donations in Bitcoin, Ethereum, and Tether (USDT), with a Polkadot address added to the mix earlier this week on March 1. According to blockchain analytics firm Elliptic, the country has received upwards of $46 million (approximately Rs. 345 crore) in bitcoin donations so far.
Dogecoin Has Been Added To The Country’s List Of Crypto Donations
Ukraine’s Vice President, Mykhailo Fedorov, announced on Twitter that Dogecoin has been added to the country’s list of crypto donations. Now even meme can support our army and rescue lives from Russian invaders, he tweeted. In his tweet, he also included the wallet address for DOGE donations. Furthermore, the Vice President urged Elon Musk, the wealthy CEO of SpaceX and Tesla, to join the fight against Russian invaders. It was the Ukrainian government’s most recent crypto-related step. Elon Musk has been a loud and enthusiastic supporter of Dogecoin. As a result, Ukraine has attempted to take advantage of the situation. Previously, Ukrainian President Volodymyr Zelenskyy contacted Elon Musk for assistance with Ukraine’s unstable Internet service. Musk answered by claiming that Starlink’s activities were operational throughout Ukraine.
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An Airdrop For Anyone Who Donates To Its Crypto Donation Fund
Meanwhile, the Ukrainian government has announced an airdrop for anyone who donates to its crypto donation fund by March 3 at 11 a.m. ET (9:30 p.m. IST). The possibility of a reward for the global community of donors opens up new use cases for cryptocurrency among mainstream audiences. To put things in perspective, airdrops are when companies or crypto projects give away free tokens or NFTs to their communities in order to stimulate adoption – in this example, to raise donations to the country. The government has not revealed any additional details about the airdrop scheduled for Thursday.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
