The museum in the eastern Ukraine city of Kharkov contains: We have partnered with cryptocurrency exchange Binance to offer a non-fungible token (NFT) of some of the most valuable creations. Proceeds from the auction will be used to restore museum activity and support staff.
Ukrainian Museum Sells 15 Artworks as Digital Collection on Binance NFT
NFT Marketplace, World’s Largest Cryptocurrency Exchange by Trading Volume Binance NFThas announced the launch of tokens representing dozens of works from the Kharkiv Museum. This cultural institution houses one of Ukraine’s oldest and most valuable art collections.
“Today, the museum’s holdings include approximately 25,000 works of art from Ukraine, Western Europe, the Middle East and the Far East from the 15th to 21st centuries,” Binance said in a press release. . Kharkov Museumwill auction 15 of his works as his NFTs in the Art Without Borders collection.
This collection includes works by artists such as Albrecht Dürer, Georg Jakob Johann Van Oss, Ivan Aivazovsky and Simon de His Flieger. The funds raised will help the museum resume normal operations and hire additional staff.
The auction will begin on Thursday, October 13th and will last for one week. The non-fungible tokens fall into three categories: Gold, Silver, and Bronze, with starting prices of 1,000 BUSD, 750 BUSD, and 500 BUSD respectively.
Kharkov is Ukraine’s second-largest city and front line in the country’s escalating military conflict with Russia in the east. doing. Ukrainian forces have recently been able to repel Russian forces and now control much of the Kharkov region.
The Kyiv government and volunteer groups have relied on cryptocurrency donations and fundraising campaigns to fund both defense and humanitarian efforts. “Throughout the ongoing crisis in Ukraine, digital assets have played a key role in providing quick, efficient and easy assistance to those in need,” said Helen Hai, Head of Binance NFT. 36}
“Together with the Kharkiv Museum, we are presenting an NFT collection that combines Web3 technology and works of art that the museum treasures” .
Crypto initiatives like this can make a difference in other cultural institutions across Ukraine during the difficult times Ukraine is facing. Do you think so? Let us know in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
