After recording massive success in the Ukrainian NFT flag auction, the country has announced it will be releasing its collection of NFTs to raise funds for the country’s armed forces amidst the ongoing war.

Ukraine’s vice-prime minister, Mykhailo Fedorov, broke the news on a tweet on Thursday, stating that more information on the NFT will soon be released.

“Every day there are more and more people willing to help Ukraine to fight back the aggression. We will announce NFTs to support Ukrainian Armed Forces soon,” he tweeted.

The Ukrainian government is utilizing the massive support it is enjoying from the crypto community through numerous donations. Prominent among these is the NFT flag auction organized by the Ukraine DOA.

The auction, which ended on Wednesday, raised 2,258 ETH, worth $6.75 Million from 3271 contributors.

In the last 24 hours, bitcoin has been down by 5%, with a current price of $41,489.89 as of the time of writing this. Within 24 hours, bitcoin experienced a $41,122.77 low and $44,089.83 high. The trading volume of bitcoin in the last 24 hours is $24,608,288,833. The current market capitalization of bitcoin is $787,239,197,981. Currently, $18.97M bitcoins are in circulation.

Stats and Image from Coin Gecko

Fedorov, who is also the minister of digital transformation, added that the country has canceled an earlier announced airdrop and has no plans to issue any fungible tokens.

“After careful consideration, we decided to cancel airdrop. We DO NOT HAVE any plans to issue any fungible tokens.

The airdrop was first announced on Wednesday on Ukraine’s Twitter page.