Ukraine will conduct an airdrop to donors who have contributed money to its official crypto addresses, the country said on Wednesday through its official Twitter account.
- “Airdrop confirmed. Snapshot will be taken tomorrow, on March 3rd, at 6 pm Kyiv time (UTC/GMT +2 hours). Reward to follow!,” the tweet read.
- Airdrops involve crypto projects sending free tokens en masse to their communities in a bid to encourage adoption. El Salvador previously air-dropped $30 worth of bitcoin to each of its citizens last year. The airdrop on Thursday, however, would mark the first time a nation conducts an airdrop for crypto donations. It wasn't clear which token Ukraine plans to air-drop.
- Ukraine started accepting cryptocurrencies as means of donation on Feb. 26 as Russian troops entered Ukrainian territory in a “special military operation.” The country is accepting donations in bitcoin, ether, USDT and Polkadot’s DOT tokens.
- The country has received $33 million in crypto donations so far, as reported.
UPDATE (March 2, 09:01 UTC): Changes lead image.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.