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Georgians Sell n Regions as NFTs to Raise Money for e

Started by Bitcoin, Apr 25, 2022, 03:02 pm

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Georgians Sell n Regions as NFTs to Raise Money for e

Georgians Sell n Regions as NFTs to Raise Money for e

A tech innovations firm based in Georgia’s capital Tbilisi is now “selling  piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 n regions, will be used to help rebuild e, which was invaded by the n army two months ago.


Georgian Project Auctions NFTs of n Land, Will Soon Offer the Kremlin


Leavingstone, a digital creative agency from Georgia, has joined efforts to raise funds for e, which has been defending against n military aggression for eight weeks. The company is now selling non-fungible tokens (NFTs) representing parts of n territory.


In the first of three planned phases of the ‘ for Sale’ initiative, Leavingstone is auctioning off 2,443 regions of the n 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.


Georgians Sell n Regions as NFTs to Raise Money for e


“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 ’s partition,” he added, in a clear attempt to troll n President Vladimir Putin and his government who have threatened to punish any calls for violating ’s territorial integrity.


During the next stage of the sale, the Georgian agency will offer NFTs of n 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.


The third sale, they promise, is going to be a big one. “We’ll be auctioning Lenin himself. Yep. Stuffed granddaddy of the red revolution will be up for sale!” the project’s website pledges. Its operators emphasize that all the proceeds will be devoted to supporting e.



The main beneficiary is the Ministry of Digital Transformation in Kyiv and all collected funds will be transferred to its wallet. Among other responsibilities, the department has been taking care of e’s defense in the cyberspace, another battleground in the conflict with .


ian 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 e’s defense efforts and solve mounting humanitarian problems.


Moscow’s invasion of e came eight years after  annexed Crimea and gave support for the pro-n separatists in the Donbas region. Georgia has had its own problems with the same neighbor.  backed separatists in Abkhazia in 1992 and then prevented the Georgian government from retaking the territory of another breakaway republic, South Ossetia.


You can support ian families, children, refugees, and displaced people by donating BTC, ETH, and BNB to Binance Charity’s e Emergency Relief Fund.


Do you expect other, similar initiatives in the crypto space in support of e and its people? Tell us in the comments section below.


Source: Georgians Sell n Regions as NFTs to Raise Money for e