The Chicago Journal

NFT and Blockchain Technology Allows Ukraine to Preserve Cultural DNA

Ukraine blockchain community finds way to preserve culture
Ukraine blockchain community finds way to preserve culture

Russia’s invasion of Ukraine has cost many lives, but it also presented a new danger – the loss of Ukraine’s architectural beauties and museums. The fear that these cultural sites would be lost to time pressured citizens into action in order for them not only survive themselves but pass on their culture as well by preserving what they can through NFTs (Non-Fungible Tokens).

Last Saturday, Michael Chobanian announced that the Blockchain Association of Ukraine plans to digitize “every single piece” they can at Consensus 2022. This includes art and history pieces as well.

“Today, we are announcing a new project [aimed at] how we can save the DNA of the Ukrainian people, Ukrainian culture, and Ukrainian history,” said Chobnian. “Right now, they are bombing museums, churches, and cultural sites. So before they are destroyed, we’re going to digitize every single piece of art or history that we have in museums. We’re going to NFT it and put it on the blockchain.”

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Crypto and blockchain are playing a significant role in helping Ukraine improve its defenses against Russian invasion, generating over $135 million from donors worldwide, according to analytics firm Crystal Blockchain

The development of this project is a joint effort between Ukraine’s blockchain community.

Illia Polosukhin, co-founder of NEAR Protocol revealed that they are working on a project with the aim to improve supply chains using blockchain technology.

“It is extremely important to bring all the Ukrainian heritage on-chain and offer it to the world and preserve it forever,” said Polosukhin.

The project aims to create an online window into Ukraine’s rich cultural heritage, allowing anyone with internet access and a little curiosity about their country’s history to explore the items in one place. 

“It’s a national project; it’s a private project,” said Chobanian. “It’s what we do as the Blockchain Association of Ukraine, and this way, no one can delete it.”

Chobanian has been a major player in the cryptocurrency world, managing donations for the Crypto Fund of Ukraine and founding Kuna Exchange.

The first government NFT project was created to preserve facts about the war and serves as a defiance against Putin’s disinformation campaign called MetaHistory NFT Museum. NFTs bought on MetaHistory will direct profits to fund the latest NFT preservation project.

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Opinions expressed by The Chicago Journal contributors are their own.