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Kay Adeoti
Mar 2, 2022
by Kay Adeoti

Ukraine Confirms Airdrop For Its Crypto Donors

Ukraine Confirms Airdrop
With millions of dollars in bitcoin contributions pouring in to assist Ukraine in defending itself against the continuing Vladimir Putin-led Russian invasion, the Ukrainian government has declared that it would offer airdrops to anyone who donates crypto to the country.

It has been verified that an airdrop will take place, according to a message from the Ukrainian government's official Twitter account. A snapshot will be captured and released on March 3rd at 6 p.m. Kiev time (11 am EST).

Ukraine Confirms Airdrop After Massive Crypto Donations

The Ukrainian government issued a plea to the world last week, providing wallets for Bitcoin, Ethereum, and Tether to anybody who wanted to donate in cryptocurrencies (USDT). This was welcomed with enthusiastic response and a large number of contributions from the cryptocurrency community. So far, the linked Bitcoin wallet alone has received 219 bitcoins for a total of $9.6 million in bitcoins while the Ethereum wallet has received more than $10 million. The TRON community was also said to have donated more than $1.2 million in USDT.

Subsequently, the official Twitter account revealed that it is now taking contributions in another cryptocurrency as well, Polkadot. Gavin Wood, the creator of Polkadot, also gave a $5 million commitment to the cause. Ukraine's Vice Prime Minister, Mykhailo Fedorov, who has been outspoken in his calls for contributions, also declared that the government would take donations in the amount of $DOGE. It is likely that more cryptocurrencies will be accepted in the near future.

Additional information about the airdrop, including the blockchain and the method of distribution, was not disclosed. Nonetheless, it is considered to be a strategy to generate new donations, as well as a token for those who have already made contributions.

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Ukraine Confirms Airdrop For Its Crypto Donors
Kay Adeoti
Kay is a content specialist who has a particular interest in the finance and cryptocurrency industries, among others. He is a frequent contributor to a number of finance and cryptocurrency-related websites, where he offers readers with informative and educational articles on the cryptocurrency and financial markets. Aside from that, he is an avid supporter of blockchain technology.

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