A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. These collectibles are worth almost 2,500 Russian territories. They will help to rebuild Ukraine after it was invaded two months ago by the Russian army.
Georgian Project auctions NFTs on Russian Land. The Kremlin Will Soon Accept the Offer
Leavingstone is a Georgian digital agency that creates content. It has joined forces to help raise money for Ukraine. Ukraine has been fighting against Russian military aggression since eight weeks. This company now sells NFTs, which represent sections of Russian territory.
In the first of three planned phases of the ‘Russia for Sale’ initiative, Leavingstone is auctioning off 2,443 regions of the Russian Federation depicted on playing cards with name, size, and a “weirdly authentic coat of arms.” An interactive map offers the parcels to potential buyers and with 34 already sold, over $19,000 worth of ether has been accumulated so far.
“We saw a huge potential in it,” Leavingstone co-founder Levan Lefsveridze told the Georgian service of Radio Free Europe. “The majority of people would want to be involved in Russia’s partition,” he added, in a clear attempt to troll Russian President Vladimir Putin and his government who have threatened to punish any calls for violating Russia’s territorial integrity.
During the next stage of the sale, the Georgian agency will offer NFTs of Russian landmarks like the Kremlin, the Ostankino TV Tower in Moscow, Putin’s winter palace and home, a property worth close to an estimated $1 billion, and a bunker. “If you’re into the post-soviet aesthetic of Khrushchyovka architecture, you’ll like it,” the organizers tease investors.
According to them, the third sale is expected to be very successful. “We’ll be auctioning Lenin himself. Yep. Stuffed granddaddy of the red revolution will be up for sale!” the project’s website pledges. The operators stress that the entire proceeds will go to Ukraine.
All funds collected will go to the Ministry of Digital Transformation, Kyiv. Among other responsibilities, the department has been taking care of Ukraine’s defense in the cyberspace, another battleground in the conflict with Russia.
Ukrainian government institutions and volunteer groups have received tens of millions of dollars’ worth of cryptocurrency donations since Moscow launched its military assault in the early hours of Feb. 24. The money is used to fund Ukraine’s defense efforts and solve mounting humanitarian problems.
Moscow’s invasion of Ukraine came eight years after Russia annexed Crimea and gave support for the pro-Russian separatists in the Donbas region. Georgia has also had problems with this neighbor. Russia supported separatists from Abkhazia and prevented Georgia’s government from taking South Ossetia, a breakaway republic.
You can support Ukrainian families, children, refugees, and displaced people by donating BTC, ETH, and BNB to Binance Charity’s Ukraine Emergency Relief Fund.
Are you expecting similar efforts in crypto to support Ukraine’s people and citizens? Leave your thoughts in the comment section below.
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