Over $200K worth of NFTs from CryptoPunks collection donated to Ukraine

by in Cryptocurrency News

CryptoPunks

An unknown person donated an NFT from the CryptoPunks collection to the Ukrainian crypto fund. The token is valued at over $200,000.

Deputy Minister of Digital Transformation of Ukraine for IT Development Oleksandr Bornyakov valued the token at 56 ETH (~$148,000). He likely refers to the cost of the bet indicated on the Larva Labs platform.

According to DeepNFTvalue, which uses machine learning to value non-fungible tokens, CryptoPunk #5364 is worth 78.8 ETH (~$208,270) at the time of writing.

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The transaction was completed on March 1st. According to Etherscan, the donor is an NFT collector, including several CryptoPunk tokens.

Earlier this week, the head of the Ministry of Digital Development, Mikhail Fedorov, announced that Ukrainian crypto funds had raised more than $50 million in donations.