Ukraine said on Wednesday through its official Twitter account that it will execute an airdrop to donors who have contributed money to its official crypto addresses.
“The airdrop has been confirmed. Tomorrow, March 3rd, at 6 p.m. Kyiv time (UTC/GMT +2 hours), a snapshot will be taken. “Follow up with a reward!”
According to the tweet, this is the case.
Airdrops are when cryptocurrency projects distribute free tokens to their community in order to stimulate adoption. In 2021, El Salvador distributed $30 worth of bitcoin to its residents.
The one on Thursday, on the other hand, would be the first time a country undertakes an airdrop in exchange for crypto donations.
On Feb. 26, as Russian troops entered Ukrainian territory in a “special military operation,” Ukraine began taking cryptocurrency as a form of donation.
Donations in bitcoin, ether, USDT, and Polkadot’s DOT tokens are all accepted.
As of now, the country has received $33 million in cryptocurrency donations, according to reports.
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