RAIRtech launches NFT collection to raise $1.3mn for Ukraine

April 14, 2022

By Murutuza Merchant

NFT platform RAIRtech has announced a special edition of NFTs called “UkraineGlitch,” which seeks to raise $1.3 million to help Ukrainian people in need of medical supplies.

Here is what we know:

All funds from the drop will be split between the Ukrainian American Coordinating Council (UACC) and the Web3 Developer fund, benefiting Ukrainian web3 developers in Ukraine, RAIRtech stated.

The project features a glitched image of the Ukrainian flag with yellow and blue pixelated ‘bullet holes’ sprinkled in the background to represent the flag under duress.

The limited-run 1991 NFT collection represents the year that Ukrainians overwhelmingly voted for the Ukrainian independence referendum. The collection is hosted on the Ethereum mainnet with each piece priced at 0.1991 ETH (~$600 USD).

With every UkraineGlitch purchased, the number of pixels swapped from yellow to blue increases, eventually inverting or turning the flag upside down. Some pieces are animated to show parts of this progression, while others are still. Only UkraineGlitch NFT holders can watch the full animation of the flag transformation on the launch page.

“Since the war began, we found the best way to provide help to our Ukrainian friends was to send crypto. We now want to expand and open up this support effort – this is where UkraineGlitch comes in,” said Ed Prado, chief executive of RAIRtech.

The Ukrainian American Coordinating Council specializes in supplying medical supplies, particularly technologically advanced blood-clotting gauze bandages. The UACC matches supplies with hospitals and transports goods directly to them. The Web3 Developer Fund gives out small grants on a rapid as-needed basis to Ukrainian developers to help them relocate and purchase food and supplies.

About the author

Murutuza Merchant is a senior journalist and an avid follower of blockchain and cryptocurrencies.

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