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Author Topic: Did Ukraine successfully rug us?  (Read 324 times)
electronicash (OP)
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March 04, 2022, 03:58:23 AM
 #1

i was watching the NLW breakdown today and was amazed to see Ukraine plans to airdrop thier own nation-state token to those who will donate to their war. the funds raised up to $54M based on this article from cnbc and this is after the Ukrainian government announced this airdrop. Mykhailo Fedorov )Vice Prime Minister and Minister of Digital Transformation) the next day tweeted, they are not distributing Ukraine coins but instead NFTS.  https://twitter.com/FedorovMykhailo/status/1499348177002151937

this guy from youtube also talked about his frustration about this rug pull. notice her girl roaming behind him https://www.youtube.com/watch?v=nOGwy85r98k

this could have a positive effect on crypto if the country really sends out government-backed tokens. do you think the IMF also advised Fedorov not to pursue this Ukrain coins?  what do you think stopped them from releasing?









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March 04, 2022, 06:41:56 AM
 #2

Why are you saying this as a rug pull? This is a donation mate and hoping to get NFTs from there was a bonus and if you are the real donators and you will not expect something from what you have been donated. Calling this as a rugpull didn't fit with the fact if ukraine was looking for the donation but he was thinking NFT as a payback or award to the donators.
It sounds weird if i heard that there was a youtuber that called this as a rug pull when this is about people donated to the ukraine to be able to keep itself from the rusia attack.
I think that this is not good to call that as a rug pull.



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March 04, 2022, 07:02:28 AM
 #3

In my understanding after watching the video and the reaction of people on Twitter, I think Ukraine concealed their intentions since many people including the Youtuber confirmed that they wouldn't have supported or donated to Ukraine if they didn't promise an Airdrop to supporters. On the other flip, Ukraine is under an attack and it's not a joke, they will do anything possible to raise funds to fight. Launching an Airdrop instead of an Aircraft is like a joke to the Ukrainian Government or the world. So, it's not a rug pull because this is not the best time to blame Ukraine they are going through a lot to consider a cryptocurrency project.

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March 04, 2022, 07:41:57 AM
 #4

They are not foreshadowing, they probably didn't expect so much money to donate to them, and seeing their twitter feels like they are playing a joke.
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March 04, 2022, 08:39:46 AM
 #5

i was watching the NLW breakdown today and was amazed to see Ukraine plans to airdrop thier own nation-state token to those who will donate to their war. the funds raised up to $54M based on this article from cnbc and this is after the Ukrainian government announced this airdrop. Mykhailo Fedorov )Vice Prime Minister and Minister of Digital Transformation) the next day tweeted, they are not distributing Ukraine coins but instead NFTS.  https://twitter.com/FedorovMykhailo/status/1499348177002151937

this guy from youtube also talked about his frustration about this rug pull. notice her girl roaming behind him https://www.youtube.com/watch?v=nOGwy85r98k
this could have a positive effect on crypto if the country really sends out government-backed tokens. do you think the IMF also advised Fedorov not to pursue this Ukrain coins?  what do you think stopped them from releasing?

I really don't think that "rug pull" is the right term here because a rug pull is when a developer of a token is providing liquidity on a decentralized exchange like for example uniswap or pancake swap first and after people have bought their tokens they remove all the liquidity again so they have more tokens of the "other side" of the trading pair like USDT, ETH or BSC for example.
I also said yesterday in another thread in this forum that i find this free NFT for a donation thing kinda weird to be honest. If you want to donate to help the people of the Ukraine then you should do it. Now a lot of people will donate like 1 USDT just to get the NFT and then they want to sell that NFT for higher profit.
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March 04, 2022, 08:51:18 AM
 #6

this could have a positive effect on crypto if the country really sends out government-backed tokens. do you think the IMF also advised Fedorov not to pursue this Ukrain coins?  what do you think stopped them from releasing?
Why should they? I dont get it. People donating to earn airdrop tokens? Actually with or without tokens how can you be rugpulled if you are donating for the sake of what was happening on Ukraine. I dont seem to get what reason could be a rugpull to be call here.

If you care for Ukraine and concern then even without the airdrop you just let it go. People should not expect something out of donations. If there is a liquidity airdrop tokens then be grateful then if not stop saying its rugpull. Since you arent contributing for tokens right? Its for ukraines fund to fight back against Russias.

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March 04, 2022, 09:02:29 AM
 #7

I guess so many airdrop hunters are sending their money to the ukraine without known if that's dedicated as a donation. I have been sending some bucks for them but i didn't even wanna get the airdrop coz i was sending it caused by i care with this country and it's not caused by there would be an airdrop reward to the people who have been donating to this country. This looks so weird to see that even a youtuber was also saying it.
That youtuber was probably an airdrop hunters? lol this must not be real but what the hell he was doing? if he doesn't even wanna donate his money and he must not even send it.
he sent his money to the donation address and he was calling it as a scam after he has confirmed that he will got nothing.

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March 04, 2022, 09:11:46 AM
 #8

It don’t seem as a rug pull . Some People are donating just for the fact that they want to help Ukraine and didn’t expect anything in return. Some don’t have any idea that there is a Airdrop that they can receive. The war is not intended to happen this soon and Ukraine just keep on fighting and finding ways how to win their country. They think also somehow the airdrop can attract more donations that can help them each day since they need it to fight until that the war ends.

Definitely, Rug pull a serious accusation to country that's not asking for investment but rather a donation. It only requires common sense to understand that Ukraine will surely liquidate all the crypto curreny into fiat so that they can immediately used the funds for there needs in times of war. They never ask anyone to donate while there NFT tokens is just an appreciation gift and not consider as valuable reward for donation so donators shouldn't expect anything valuable out of it. So sick to see this guys in social media that accusing a country that suffering the consequence of war.  Roll Eyes

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March 04, 2022, 09:23:01 AM
 #9



Definitely, Rug pull a serious accusation to country that's not asking for investment but rather a donation. It only requires common sense to understand that Ukraine will surely liquidate all the crypto curreny into fiat so that they can immediately used the funds for there needs in times of war. They never ask anyone to donate while there NFT tokens is just an appreciation gift and not consider as valuable reward for donation so donators shouldn't expect anything valuable out of it. So sick to see this guys in social media that accusing a country that suffering the consequence of war.  Roll Eyes


I agree with you.
Sometimes politics is selfish, I prefer the FTX market which directly donates their funds through the market to every user with
a Ukrainian citizen, rather than having to donate directly to their government.
I know they are currently in a state of war emergency, it's just that giving donations to the country for the government is
 still a bad chance they could use it to attack again so that the war will be prolonged.
From what I read, Russia only wants to overthrow the current Ukrainian government but not its citizens.
In my opinion, Ukrainians are the ones who should be most pitied here, and they are more entitled to receive donations.
And why did Ukraine even make NFTs, why were the donation funds actually used for warring citizens, how about civilians who were affected  Huh .
I think at least instead of making NFT to share, it would be better to convert to fiat and share most of it to the affected people.
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March 04, 2022, 09:36:46 AM
 #10

I advise everyone to stay away from any project that promises to achieve profits through donations or support for any humanitarian issues, how will you achieve profits from a humanitarian act that is supposed to be for assistance and not an investment.

As for obtaining some NFTs tokens, always remember that the value of the tokens is not specified, it may be worth a dollar now and a million in the future, and then obtaining these tokens may not be economically profitable.

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March 04, 2022, 09:44:50 AM
Merited by amishmanish (2)
 #11

For me, if you have donated to the cause then that's enough for me already.

I'm not expecting anything from Ukraine to be honest, so I'm not interested on any airdrop or whatever they are going to give us back. As for the rug pull? Nah, maybe they just changes their mind and think that it's better not to any airdrop but NFTS, it's their call, so there is no rug pull in my opinion.

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March 04, 2022, 09:45:05 AM
 #12

Maybe it's another rug pull because surely many people /investors will take advantage the situation of Ukraine in order to make profits not to contribute the events so that every Ukrainians can get benefits. So its quite skeptical to be honest.

Much better to make a proper way of donation than participating on that airdrop because on that way we cannot assure if everything will be fine afterwards.
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March 04, 2022, 09:45:53 AM
 #13

Why are you calling this a rugpull? The country is almost turned upside down and this is all that you can come up with? Those who are sending donations are doing it for free with the hope of not getting anything in return, only heartless humans will help to get something back.

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March 04, 2022, 09:49:16 AM
 #14

In my understanding after watching the video and the reaction of people on Twitter, I think Ukraine concealed their intentions since many people including the Youtuber confirmed that they wouldn't have supported or donated to Ukraine if they didn't promise an Airdrop to supporters. On the other flip, Ukraine is under an attack and it's not a joke, they will do anything possible to raise funds to fight. Launching an Airdrop instead of an Aircraft is like a joke to the Ukrainian Government or the world. So, it's not a rug pull because this is not the best time to blame Ukraine they are going through a lot to consider a cryptocurrency project.
Donation with airdrop label I think looks joke made by Ukraine government although all people will agree for donating their money but is not worth when have way with airdrop kinds. I think Ukraine is not promise how can make war ended and help their people without have to be soldier and keep fight with Russia as have higher level soldier than Ukraine. I see not any impact with how many time asking by  Ukraine president with to make fud for bitcoin and altcoin price because he still need help on other country by donating with cryptocurrency.
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March 04, 2022, 09:57:19 AM
 #15

i was watching the NLW breakdown today and was amazed to see Ukraine plans to airdrop thier own nation-state token to those who will donate to their war. the funds raised up to $54M based on this article from cnbc and this is after the Ukrainian government announced this airdrop. Mykhailo Fedorov )Vice Prime Minister and Minister of Digital Transformation) the next day tweeted, they are not distributing Ukraine coins but instead NFTS.  https://twitter.com/FedorovMykhailo/status/1499348177002151937

this guy from youtube also talked about his frustration about this rug pull. notice her girl roaming behind him https://www.youtube.com/watch?v=nOGwy85r98k

this could have a positive effect on crypto if the country really sends out government-backed tokens. do you think the IMF also advised Fedorov not to pursue this Ukrain coins?  what do you think stopped them from releasing?
Government backed cryptocurrencies is not really a new concept, have you heard of CBDC?

It won't make any difference and this airdrop if is coming officially from government then its just for the sake of publicity stunt.

What if Ukraine is completely captured by Russian military?









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March 04, 2022, 10:28:31 AM
 #16



Definitely, not a rug pull according to the common understand and definition of the term. Maybe I would say that there can be some misunderstanding and lack of communication from people doing the airdrop/donation program. I don't have the details for what really happened but if they promised a coin airdrop and then they instead distributed NFTs then maybe there was a confusion and that can be due to the war situation in the country...things should have been handled by a group connected to the Ukrainian government but maybe based outside of the country. Anyway, the bottom line is that this is a form of a donation to a country that is reeling from the invasion of a mightier country and even if one is not getting in return I think helping is enough.

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March 04, 2022, 10:53:09 AM
 #17

Why would they rug us? if we donate Bitcoins without any expectation in return? probably they are just going to airdrop it as a form of thanking us for donating  during their crisis. I think if it was an NFT then there's nothing to worry I think that was a bonus for those people who donated Bitcoin. I may be wrong but that was the first assumption I that came to my mind.


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March 04, 2022, 11:59:06 AM
 #18

Why would they rug us? if we donate Bitcoins without any expectation in return? probably they are just going to airdrop it as a form of thanking us for donating  during their crisis. I think if it was an NFT then there's nothing to worry I think that was a bonus for those people who donated Bitcoin. I may be wrong but that was the first assumption I that came to my mind.

Rug pull is when you ask people to invest they are asking for donation in the first place they launch an airdrop to thank those who donate in fact they can do away with the airdrop and they will still receive a lot of funds if you are an investor and you think it's a rug pull it's on you if you think you have been scammed you have the wrong thinking why not think it's for the good of a country battered by series of aggression.
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March 04, 2022, 12:33:46 PM
 #19

Rug pull is when you ask people to invest they are asking for donation in the first place they launch an airdrop to thank those who donate in fact they can do away with the airdrop and they will still receive a lot of funds if you are an investor and you think it's a rug pull it's on you if you think you have been scammed you have the wrong thinking why not think it's for the good of a country battered by series of aggression.

Exactly, people nowadays are always thinking of crypto as a quick place to become rich overnight even they see donation as a chance to enrich them.
People with basic logic should understand this, they are asking for donations because they are in a war. How the hell does they see it as investment and expect something in return, they might have a plan to drop the airdrop but it is not their obligation to do that, they wanted to do it because they want to express their thanks for helping them. So when they decided to not do it, we should not be angry and tell people they had rug pulled us which is wrong.

Come on man, this way of thinking is wrong.
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March 04, 2022, 12:40:51 PM
 #20

Sorry but this is leaving a bad taste in my mouth. Donations are donations. Investments are investments. That's that. How can someone expect so much from giving donations for others that are in need of assistance? Might as well invested on some other things if profits or returns are what a person is after. Whatever they do with the donation is for them to decide since it has been given to them. Now those nfts were just to show some appreciation for the donors, being able to think about that thought alone is good enough so despite not coming into fruition because of some reasons, they do not deserve to be blamed or accused with rug pulling. Im sorry but for me, people who donates and thinks like this are either attention seekers or pretentious profiteers which are nothing but disgusting people in my eyes.
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