Ukraine Government Cancels Airdrop Ahead of Scheduled Snapshot

The minister of digital transformation announced the cancellation on his Twitter account.

AccessTimeIconMar 3, 2022 at 12:06 p.m. UTC
Updated May 11, 2023 at 3:47 p.m. UTC

The Ukrainian government has canceled a planned crypto airdrop as the Russian invasion continues.

  • The announcement was made by the country's deputy prime minister and minister of digital transformation, Mykhailo Fedorov, via his verified Twitter account on Thursday.
  • "After careful consideration we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the aggression," Fedorov tweeted.
  • Fedorov said the country will announce non-fungible tokens (NFT) to support Ukrainian armed forces, but emphasized there are no plans to issue any fungible tokens. NFTs are digital assets on a blockchain that represent ownership of virtual or physical items.
  • The airdrop was initially announced on Wednesday on the country's official Twitter account, following which government officials did not release any further information or announcements regarding the event scheduled for Thursday. Government officials also did not respond to CoinDesk's multiple requests for comment since the initial announcement.
  • Wednesday's announcement indicated the goal of the airdrop was to reward donors who have been sending crypto to support Ukraine as it stands against Russia.
  • Earlier on Thursday, it appeared as though an airdrop was underway, but it later became apparent that a third party may have been spoofing the much-anticipated event.
  • According to Fedorov's most recent update on Telegram, the Ukrainian government has raised around $30 million since it began accepting crypto donations last Friday. The government has been raising funds via a range of cryptocurrencies including bitcoin (BTC), ether (ETH) and Polkadot's DOT.

UPDATE (Mar. 3, 12:26 UTC): Adds NFT details in third bullet.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Sandali Handagama

Sandali Handagama is CoinDesk's deputy managing editor for policy and regulations, EMEA. She does not own any crypto.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.

Read more about