How to buy ukraine nft

Recently, the platform has also enabled buying, selling and trading NFTs.

Here’s how you can buy NFTs via the platform:

1. Download and Install Coinbase Wallet

Before buying NFTs, you need a self-custody wallet for your crypto. You can start by downloading the Coinbase wallet, which is easy to use and install. The digital wallet is available either as a browser extension or a mobile app that you can use on the go.

You may download the Coinbase wallet by clicking here. Coinbase is the largest crypto exchange platform in the U.S. that’s also very beginner-friendly.Photo: coinbase.com

2. Create a Username for Your Coinbase Wallet

Next, pick a unique username for your digital wallet. This username serves two important functions: easy access to your wallet and allowing other users to send you crypto.

How to buy ukraine nft

These marketplaces are open in the sense that the only thing you need to buy and sell is a crypto wallet installed on your computer or mobile phone.

What typically happens is that the seller fixes the item’s price while interested buyers bid for it. The highest bidder gets the item and sends the payment directly to the seller, thus triggering the token’s transfer to the buyer.

Where to Buy NFTs

OpenSea

OpenSea is inarguably the largest NFT marketplace right now. You find different categories of items, including trading cards, collectables, utility, domain names, virtual words, sports NFTs and many more.

The platform is built on the Ethereum network; hence all assets are priced in ETH.

This is where the WeSupportUkraineNFT project stands apart. Instead of collecting funds in the creator’s wallet, all proceeds directly go to Ukraine’s official ETH wallet.

Basically, WeSupportUkraineNFT offers an unlimited supply of NFT badges. “We developed a smart contract so that every proceeding would go straight to Ukraine’s official ETH wallet without ever reaching any other wallets,” the project notes on its website. “In order not to waste ETH for gas fees, donations from smart contract are withdrawn once a day.”

The project was founded by “some regular people” who are against Russia’s Ukraine invasion. You can mint the NFT on WeSupportUkraineNFT’swebsite.

RELI3F

RELI3Fis a humanitarian aid initiative founded by the Web3 community.

Ukraine suspended all digital money transfers indefinitely. In terms of banking activity, the most your average Ukrainian could do was withdraw up to approximately $3,300 worth of cash.

Why did Ukraine do this? They wanted to prevent a bank run, which is where too many people cash out at once leading to a default of the central bank. You know, like what’s currently happening in Russia.

Anyways, when Ukraine (understandably) froze up its economy, it created challenges for people who wanted to donate to the heroic defense from overseas.
Traditional fiat channels like wire transfers or PayPal were delayed, blocked, or, even worse, were at risk of being intercepted.

With fiat money stalled, cryptocurrency came to the rescue.

Thanks to the genius way Satoshi Nakamoto’s designed the OG blockchain, cryptocurrency transfers cannot be controlled, manipulated, or seized.

After you sign up with some Digital Crypto Wallet companies and get hold of your first Ethereum amount, you will need to use that to buy NFT.

After that, you will need to connect your Crypto Wallet to a NFT Marketplace and from here, you will easily be able to buy and sell NFT artworks. Sounds simple but there are quite a few steps that you might need to follow in order for you to get your first NFT art. Just follow up with the article and you will soon be the owner of an NFT art.

Marketplaces that allow us to buy, sell and trade NFT Art are:

  • Rarible.com
  • OpenSea.com
  • Foundation
  • Nifty Gateway

STEP 1: Create a Digital Crypto Wallet

A Digital Crypto Wallet is basically like your Bank Account for trading, investing and selling Crypto Currencies.

Creators and buyers must also spend ETH to pay for transaction fees and the assets they want to trade.

Like crypto tracking websites, OpenSea maintains a ranking of the top-selling NFTs, daily and weekly volume, average price, owners, and the number of assets.

Nifty Gateway

Nifty Gateway launched in 2018 and provided a marketplace for buying NFTs. The platform is co-owned by a leading cryptocurrency company, Gemini.

Nifty Gateway primarily features limited-edition arts and paintings with fixed prices. The marketplace provides data on the resale and appreciation value of NFTs in the collection.

However, although the art being exchanged lives on the blockchain, buyers can use cash to pay for items listed on the Nifty gateway.

That is verification of your personal info.

Because the moment you create an account with Coinbase.com, you are allowed to send and receive Crypto currencies however, you cannot trade or buy Crypto Currencies yet.

You will need to provide the company with additional information which includes either a passport, Drivers license.

As you can see in the picture above that, once you verify your personal information, you can then buy Crypto Currencies directly from Coinbase.com.

Once you’ve verified your account, you can then fund your account with some ETH or Ethereum by directly buying it using USD Dollar.

How To Set Up An Accounton MetaMask?

MetaMask is a common way to keep track of your Ethereum (ETH) and other ERC-20 tokens.

NFTs have been increasingly reviled by a lot of people these days, despite their apparent popularity. But maybe this is one of the greatest things that would come out of these digital assets.

According to Engadget, Ukraine will be selling NFTs to fund its military in its fight against Russia. This was confirmed by the country’s Ministry for Digital Transformation, after being first announced in early March.

Here is a tweet from Ukrainian government official Mykhailo Fedorov, the country’s Vice Prime Minister and head of the aforementioned ministry:

While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech.
@Meta_History_UA NFT-Museum is launched. The place to keep the memory of war. And the place to celebrate the Ukrainian identity and freedom.

If you can, take a closer look at Ukrainian artists nowadays “addendum

The conflict has influenced many new works. Beeple, the digital artist who sold an NFT for $69.34 million in March 2021, created a piece for Ukraine as part of his EVERYDAY series. The artwork displays a war-torn countryside with the Ukrainian flag.

“STAND WITH UKRAINE,” Beeple wrote.

RELI3F is a group of well-known NFT fans supporting Ukraine. All earnings from the blind minting of 200 pieces by 27 NFT artists like sartoshi, Ravi Vora, and Allison Harvard will go to Ukraine’s recovery efforts.

About Nicolle

She is an Indian Freelance writer.

How to buy NFT (Tokens, Art, Collectibles)

Nearly every crypto influencer or investor you know is talking about how much money could be made from non-fungible tokens (NFTs), and you suddenly wonder if you should buy NFT.

Well, Like every other investment opportunity, NFTs have risk and reward potential. This article explores the merits and demerits of investing in these digital assets and, more importantly, shows you where and how to buy NFTs.

First, let’s tackle the big question you should ask yourself before putting any money into non-fungible tokens (NFTs).

Should you invest in NFTs?

What are They?

Non-fungible tokens are a new kind of digital asset. If you know what collectables are or have owned one in the past, it’s best to think of NFTs as digital collectables.

This guide uses SuperRare because it focuses on rare art pieces.

  • Click the Sign Up Button and accept the prompt to connect your wallet.
  • Approve the signature transaction, and provide a username and email address.
  • Click Market and browse through the art collection to find one that you like.
  • Select the art and Make an Offer or buy now.
  • Enter your bid amount and approve the transaction.
  • Your ETH will be locked until your bid is approved as the highest. If the item has a fixed price, then the trade is settled when you click Proceed to Payment.
  • Go to My Items to view the purchased item.
  • How do you know your NFT is authentic?

    Since NFTs live on the blockchain and the items being exchanged are digital goods, it is easy to verify that the item you purchase is authentic.

    The first drop, called ‘Grade School Guernica 2022’, is English’s interpretations of Picasso’s Guernica. With a total of 4,444 editions, each piece costs $100. Next, ‘Sunflower Grin — Special Mission’ features a recurring motif in the artist’s works.

    Besides, the sunflower is Ukraine’s national flower. There are 5,555 NFTs in the collection and is priced at $60. It is available in silver and gold editions.

    The drops went live onVeVeon March 12.

    You can download the VeVe app to buy the NFTs.

    So far, over two million people have left Ukraine following Russia’s invasion. As the humanitarian crisis worsens, you can do your bit by donating to various charities and organisations. Our list is in no way exhaustive and there are several other NFT projects that you can support for this cause.

    Leave a Reply

    Your email address will not be published.