CryptoPunk Sells for 90 ETH, Money Goes to Ukraine

June 23 2022
CryptoPunk #5394 has sold for 90 ETH, with the proceeds helping Ukraine.

CryptoPunk #5364 sold for 90 ETH, worth over $100,000 - and all of the proceeds are going to Ukraine. Ukraine’s Deputy Minister of Digital Transformation of Ukraine Alex Bornyakov tweeted about the sale, lauding the cryptocommunity for helping.

In a Nutshell:

  • CryptoPunk #5364 first sold a few months ago, and was donated to the Aid For Ukraine fund.
  • The funds will be sent to UNICEF which runs an effort to help children displaced by the war.
  • Ukraine has raised over $135 million in crypto since the Russian invasion began.

What it Means:

  • NFTs and crypto are yet again proving to be a force for good. The industry has long been touted as a haven for illicit activity, but more often than not people band together to aid a good cause.
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