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Fund4Ukraine – Independent Platform Founded by Young Activists to Support the Ukrainian People

by Georgia Today
March 1, 2022
in Social & Society
Reading Time: 2 mins read
Fund4Ukraine – Independent Platform Founded by Young Activists to Support the Ukrainian People

Ukraine is in need of global support

In these difficult times, Ukraine needs solidarity and support from communities worldwide. The NFT Community is rallying together to provide a safe platform that sends donations directly to Ukraine.

In order to support the Ukrainian people at this crucial moment in time, a group of young activists founded an independent platform Fund4Ukraine in Tbilisi. All proceeds collected from the sale and re-sale of the NFTs will fund humanitarian help in Ukraine.

This specially-created NFT artwork is an expression of the admirable spirit of the Ukrainian people. All money raised through each purchase of the NFT will be transferred to the Ukrainian National Bank’s ETH wallet, supported and backed by the Ukrainian authorities. Every time an NFT is sold, 100% of the proceeds are transferred automatically to this fund. If the user decides to resell the NFT, this generates a 100% royalty fee, which means the full amount of the sale is re-injected directly into the fund. Blockchain technology allows us to do everything transparently, letting all users track the growth of the fund too.

Those wishing to get involved and help will simply have to purchase their own NFT.

“You will own the artwork as a trophy of your support and solidarity with the Ukrainian people. We have created one artwork, which can be owned by an unlimited number of people. Share it with others. Convince them to support the cause. This is how we use art to stop the war,” announced the founders of Fund4Ukraine.

The platform provides detailed information about how to buy Ethereum & NFT.

How to buy ETHEREUM:

  1. Create a Coinbase account

Download the Coinbase app and start the sign up process. You will need a valid ID and may be asked for proof of address in order to transact, so be sure to have those ready. Verifying your ID may take longer than a few minutes, depending on where you live.

  1. Add a payment method

Tap on the payment method box and connect a payment method. You can use a bank account, debit card or initiate a wire.

  1. Select Ethereum from the list of assets

Search for Ethereum by typing “Ethereum” into the search bar. When you see Ethereum show up in the results, tap it to open up the purchase screen.

  1. Enter the amount you want & buy

Input the amount you want to spend in your local currency. The app will automatically convert that into an Ethereum amount. Tap “Preview buy” when ready. You’ll be shown the details of your purchase. Make sure everything looks good and then confirm your purchase. That’s it, you’ve bought Ethereum.

How to Buy NFT

Get a Cryptocurrency Wallet

Signup for a “Non-custodial” wallet like Metamask, which is where you can store and control your cryptocurrency and digital assets.

Transfer Your Cryptocurrency

Transfer your ETH coins from Coinbase to your wallet (Metamask or other), which gives you the control to purchase NFTs across the various marketplaces.

Purchase your first NFT

When purchasing your NFT, be conscious of current “gas fees” as they can add fees on top of your purchase.

For more information, please visit: https://fund4ukraine.com/ 

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