Did Ukraine successfully rug us?

[YinShuiSiYuan]

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 think we will never know what influenced the decision to make such a change. In my opinion, they choose a good way to raise money. In their place, every way is right.

However, I would like to point out that the donations before the airdrop was announcement was around $10M. As you wrote yourself, this sum multiplied right after that. And I am very glad that the money is flowing to help Ukraine, but I am disgusted that most of them were sent there because they wanted to earn money and not because of good will.

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[Jating]

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 think we will never know what influenced the decision to make such a change. In my opinion, they choose a good way to raise money. In their place, every way is right.

However, I would like to point out that the donations before the airdrop was announcement was around $10M. As you wrote yourself, this sum multiplied right after that. And I am very glad that the money is flowing to help Ukraine, but I am disgusted that most of them were sent there because they wanted to earn money and not because of good will.

I don't think there is no right or wrong here, there could be someone advising the government on what to do, but still it's for the best interest of the Ukrainian and not just for crypto enthusiast.

I think it's already more than $40M if I'm not mistaken, they said that they are going to help those who are in dire need, specially those who have been damage by the attacks by the Russians. For sure the medical expenses should be their number 1 priority.

[StarKay]

While I agree that donations should be voluntary and no one should expect to get something back in return, I'll also say it is an act of irresponsibility for someone to make a promise about an airdrop and renege when many people have met the requirements. There is no excuse for that behaviour.

I don't even know if the airdropped tokens would have been valuable anyway and I felt that giving back NFTs is a better idea.

[Anonylz]

I am still a little confuse here, why will people be eager to receive state owned coins over donations? isn't that suppose to be the so-hated cbdc version if the coin will be created and regulated by the state? or where they going to actually create a decentralized coins within a short time frame and in the middle of a crossfire.

They already studying cryptocurrency even before this war started so technically they have the knowledge already and maybe, they already new that war is possible to happen that’s why they quickly adopt cryptocurrency. This is a donation drive, nobody forces you to send money and its all your choice so for me there’s no rug pull here and the main concern here is not about the donation, instead the safety of their own people.

Yeah they may be studying crypto but not developing one, not to mention they don't have the time and luxury to launch one during this period,  so the question of people expecting an airdrop from a state-owned coin is not clear to me. Ukraine is at war, getting hit by Russia and some people who donate expecting airdrop  
Not exactly the right time to expect something like that, perhaps when things have cooled off and back to normal they will consider doing it.

[asyakashi]

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 think they prefer NFT to be distributed to the donors because it is a tribute to the donors.
If you choose the right reasons, maybe the Ukrainian government doesn't want the coins it made
and donated instead the price will be played by rich people in cryptocurrency.
So they think that distributing NFT as a reward (not for resale) is better than having to give tokens
whose price can be manipulated at some point and there is no token of appreciation if it is a token, it can only be held in the wallet.
I'm sure this is not meant to be a rug pull because what they share is not
 for re-trading or the donors don't expect anything back from the donations they give.

[worle1bm]

For me this crypto donation was to help Ukraine government in their war crisis and help people who are suffering there and we can't even imagine how much worse the situations are there or could be and this should never be treated as getting returns over it.Even if they don't give something in return the funds should be utilised in proper way helping people for actual purpose they were given.

You can get something in return from Ukraine whether NFT or something else but those who have lost their lives won't come back so don't make such wierd topics as this was some sort of investment.Just hope situations get to normal at first.

[masterrex]

IMO, I think this is a sort of misunderstanding, As we all know that Ukraine is under attack by Putin and it has a war happening in the country, Do you think Ukraine has time to do an airdrop? there's a war happening in Ukraine grounds that's why they need a donation to buy weapons and other war materials so it's clear that it's not a rug Ukraine needs help now so those who can help do it now without any precondition.

[o48o]

Whole idea of an airdrop was so surreal i couldn't make my mind what i would have thought about it. One one hand it would have been historical but i had bad taste in my mouth for crypto people speculating and making money out of this situation. That seemed like poor taste. On the other hand it's already was so complaining about poor taste of their choises in this is also poor taste.

[BIT-BENDER]

Let me start with dialogue is always better than war, and you only know the value of peace during a war. I think the Ukrainians got it very wrong this time, I won't say they took advantage of their situation but I would say they solicited for help using Crypto means, and at this time the world is at merciful towards them, and donated to raise such amount of money, I honestly feel they should have continued with the earlier plan of an Airdrop.
Then If they wise you commence an NFT which honestly I don't see the use the can still carry on with it later on.