{"id":15323,"date":"2022-04-30T02:02:02","date_gmt":"2022-04-30T02:02:02","guid":{"rendered":"https:\/\/egrowonline.com\/?p=15323"},"modified":"2022-04-30T02:02:02","modified_gmt":"2022-04-30T02:02:02","slug":"georgian-ukrainian-project-selling-russia-territory-virtually-in-ethereum-cryptocurrency-oped","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=15323","title":{"rendered":"Georgian-Ukrainian Project Selling Russia Territory Virtually In Ethereum Cryptocurrency \u2013 OpEd"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>A Georgian company in cooperation with Ukraine\u2019s Digital Information Ministry is selling off all Russian territory virtually via the use of non-fungible tokens (NFTs), a digital collectible based on blockchain technology, to troll Putin and provide funds for Ukraine.<\/p>\n<p>To start, the firm is auctioning off 2,443 regions and cities of Russia in Ethereum cryptocurrency. So far, it has sold 23 regions for a total price of 18,704 US dollars. Those who want to make such a purchase can do so by selecting a place on the interactive map the company has posted online at\u00a0<a target=\"_blank\" href=\"https:\/\/russiaforsale.org\/\" rel=\"noopener\">russiaforsale.org\/<\/a>.<\/p>\n<p>Later, the company says, it will put up for virtual sale major pieces of Russian architecture such as the Kremlin and Putin\u2019s various palaces; and after that, it has plans to offer for sale the mummy of Lenin (<a target=\"_blank\" href=\"https:\/\/www.rferl.org\/a\/georgia-nft-sales-russia-ukaine-fundraiser\/31814302.html\" rel=\"noopener\">rferl.org\/a\/georgia-nft-sales-russia-ukaine-fundraiser\/31814302.html<\/a>), again with all proceeds going to help Ukraine.<\/p>\n<p>According to the company\u2019s website, this represents \u201can answer to Russian imperialist aggression \u2026 Putin is known for grabbing other country\u2019s territory. So, let\u2019s give him a taste of his own medicine.\u201d And all indications are that this project and others like it are in fact helping Ukraine.<\/p>\n<p>Crypto-asset tracker Elliptic says that since Putin launched his expanded invasion of Ukraine on February 24, \u201ctens of millions of dollars\u2019 worth of cryptocurrency donations\u201d have flowed into Ukrainian coffers (<strong><a target=\"_blank\" href=\"https:\/\/www.elliptic.co\/blog\/live-updates-millions-in-crypto-crowdfunded-for-the-ukrainian-military\" rel=\"noopener\">elliptic.co\/blog\/live-updates-millions-in-crypto-crowdfunded-for-the-ukrainian-military<\/a>).<\/strong><\/p>\n<p>For many, such crypto-currency sales are an exotic unknown. But as RFE\/RL explains in reporting this one, \u201cNFTs are essentially proof of ownership of virtual assets, and their sales have skyrocketed in recent years, including $69 million for a 13-year-long digital collage by American artist and graphic designer Mike Winkelmann, better known as Beeple.\u201d<\/p>\n<p>The Georgian firm says it has Russian lands available for purchase in all shapes and sizes to fit any interest or pocketbook.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.eurasiareview.com\/30042022-georgian-ukrainian-project-selling-russia-territory-virtually-in-ethereum-cryptocurrency-oped\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Georgian company in cooperation with Ukraine\u2019s Digital Information Ministry is selling off all Russian territory virtually via the use of non-fungible tokens (NFTs), a digital collectible based on blockchain technology, to troll Putin and provide funds for Ukraine. To start, the firm is auctioning off 2,443 regions and cities of Russia in Ethereum cryptocurrency. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[36],"tags":[52,158,7698,1967,173,1419,2185,1471,7699],"class_list":["post-15323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-cryptocurrency","tag-ethereum","tag-georgianukrainian","tag-oped","tag-project","tag-russia","tag-selling","tag-territory","tag-virtually"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/04\/b-141.png","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/15323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15323"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/15323\/revisions"}],"predecessor-version":[{"id":15325,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/15323\/revisions\/15325"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/15324"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15323"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}