AUSTIN, Texas — Amid the clear and present danger of Russia's military destroying Ukraine's architectural marvels, museums and other cultural sites, Ukraine plans to digitize "every single piece of art or history" it can, announced Michael Chobanian, President of the Blockchain Association of Ukraine, at Consensus 2022 on Saturday.
"Today we are announcing a new project [aimed at] how we can save the DNA of the Ukrainian people, Ukrainian culture and Ukrainian history," Chobanian said. "Right now, they are bombing museums, churches, and cultural sites. So before they are destroyed...we're going to digitize every single piece of art or history that we have in museums. We're going to NFT it and put it on the blockchain," Chobanian said.
Ukraine has already leveraged crypto and blockchain to finance its defense against Russia's invasion, raising over $135 million in crypto from donors around the world by mid-May, analytics firm Crystal Blockchain told CoinDesk.
Chobanian made the NFT...
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