This episode is sponsored by Nexo.ioArculusFTX US and Cointelli.

Over the last week, the government of Ukraine has held one of the most successful fundraising efforts of all time. It has raised over $50 million in crypto from over 100,000 donation transactions. On today’s episode, NLW tells the story of how the donation campaign started, how the promise of an airdrop super-charged the effort and the fallout from the country’s decision not to go through with the airdrop. Moreover, he discusses the new ethical considerations of donating directly to war efforts.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Obligated” by Daniele Musto. Image credit: Jeff J Mitchell/Getty Images News, modified by CoinDesk. Join the discussion at