Web3 Community Raises Funds With RELI3F NFTs to Support Ukraine

The world is in a time where more people have come to understand the importance of cryptocurrency. The events of the past weeks have been a turning point for people who once had little or no faith in the power of digital assets.

As the Russian-Ukrainian crisis intensifies, donations are pouring in from all corners of the world to support the people of Ukraine. RELI3F is not left out as they have set up an NFT initiative on OpenSea to help.

In detail, the web3 community is standing with Ukraine with its public auction of 37 NFT collections at the floor price of 0.024 ETH. These NFTs are a catalog of some of its community’s influential artists, some of which are Ukrainians.

The humanitarian aid initiative explains that “100% of the primary sale will go towards relief efforts in Ukraine.” Meanwhile, all royalties from secondary sales will either go towards reliefs or towards supporting Ukrainian artists, charity, and/or art initiatives of the participating artist’s choice.

The official Twitter page of RELI3F asserts that more artists are reaching out to contribute to the RELI3F fund. According to them, they have already contacted the team and co-founder of Nova Ukraine to purchase medical supplies on their behalf.

Meanwhile, the organization disclosed they have already deployed 185 ETH ($485, 000) split evenly between the Come Back Alive, Local Ukrainian Media, and Hospitallers. This comes as the community raised over $1 million (370 ETH) within 30 seconds to support the people of Ukraine.