As Members of the Crypto Community Rally Behind Ukraine, NFTs Have Suddenly Become 21st-Century War Bonds | Artnet News

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As Members of the Crypto Community Rally Behind Ukraine, NFTs Have Suddenly Become 21st-Century War Bonds | Artnet News
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As members of the crypto community rally behind Ukraine, NFTs have suddenly become 21st-century war bonds:

During major wars, like the Second World War, states would issue wartime bonds and securities to finance their military expenditures, sometimes in the form of stamps. The exhortations to buy these would be spurred by an appeal to moral conscience, which is not dissimilar to the calls being made around NFT sales in recent days.Italian sculptor Lorenzo Quinn will sell 100 NFTs on March 2 called “Support Ukraine, Stop the war” on SuperRare for 0,24 ETH .

“I believe as an artist I have a responsibility to capture the essence of our times, push boundaries, and search for deeper meaning,” Allen told Artnet News. “After burning my passport, I guess I am now officially a citizen of the Metaverse.”co-created by Russian Pussy Riot founder and artist Nadya Tolokonnikova, has so far raised more than $4.6 million USD worth of ETH.

UkraineDAO’s NFT is a single edition of the Ukrainian flag, and is being released alongside a PartyBid, a tool that allows people to collectively bid, and, in case they win, own a fractionalized piece of the artwork.

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