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NFT News

10,000 Ukrainian Flag NFTs Put up for Sale in The Sandbox

The drop intends to raise $2 million for various charities supporting victims of the catastrophic war.

Written By Stuti Mansata
Published 2022-03-31·Updated 12 months ago
Make The Crypto Times preferred on GoogleGoogle
10,000 Ukrainian Flag NFTs Put up for Sale in The Sandbox

NFT project, Mauer Digital has partnered with The Sandbox and dropped Ukrainian Flag NFTs. The NFTs are called ‘Wave For Ukraine’. This collaboration is an effort to raise money for the Ukrainian victims of the ongoing Russia-Ukraine war.

🇺🇦 Together with @MauerNft, we are raising funds for the Ukrainian citizens currently suffering from the war.

10,000 copies of the Ukrainian flag #NFT will be up for sale on the MAUER website.

➡️ https://t.co/n88cJ46qPm pic.twitter.com/FwZq06i1DP

— The Sandbox (@TheSandboxGame) March 30, 2022

10,000 editions of the flag are created and each one will be sold for a price of $100. The NFTs are available on Mauer’s website and buyers can pay using both card and crypto. 

Everyone who buys the NFT will be airdropped a voxelized 3D Ukrainian flag asset to use in the Sandbox. The asset features a flagpole with a base and a waving Ukrainian flag which has an in-game height of 25 meters and a length of almost 8 meters.

The sale of the flag will be conducted from March 30 to April 13, whereas The Sandbox asset will be airdropped at the end of April. 

Every dollar collected will be matched by The Sandbox, hopefully raising a total of $2,000,000, should the collection sell out. The complete collection will be donated to charities vetted by Ukrainian employees of Mauer to ensure maximum impact. 

The NFTs can be resold on OpenSea, where the proceeds, minus a 10% royalty fee, will be donated to charity.

Mauer has listed three charities on its websites with which it works. They are named Return Alive, Everybody Can and Ukraine Humanitarian Fund.

Ukraine has seen massive support from the crypto community as well as a substantial influx of crypto donations. Only recently, the Ukrainian Ministry of Digital Transformation NFT revealed a NFT collection ‘Meta History Museum of War’ to boost its crypto donation.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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