Today in FinTech Ukraine Daily: UkraineDAO Raises $6M in NFT Sale; Netguru Announces Initiatives

Today in the FinTech Ukraine, Ukraine’s decentralized autonomous organization raised $6 million for a Ukrainian flag nonfungible token with proceeds to support the war-torn country; Polish software development and software company Netguru announced a series of initiatives to assist Ukraine.

UkraineDAO, the decentralized autonomous organization, has raised $6.1 million for a Ukrainian flag nonfungible token (NFT), CoinTelegraph.com reported.

The proceeds will go to nonprofit organizations in Ukraine that are helping those affected by the Russian invasion. Contributors will receive ERC-20 tokens in the form of LOVE tokens, depending on the donation amount.

Netguru, the Polish software development and software consultancy company, announced support for Ukrainian colleagues who have called for immediate action.

The company has pledged multiple dimensions of support, including helping co-workers and their families stay safe; supporting organic initiatives with matching contributions; bolstering two non-profit Ukraine-focused projects that share know-how and resources as part of Tech to the Rescue; and providing psychological support for the team.

TMX Group, the Canadian-based digital communities and analytic solutions provider, announced a $50,000 donation to the Canadian Red Cross Ukraine Humanitarian Crisis Appeal to support efforts to help those impacted by the Ukraine crisis.

Donations will enable the Red Cross to address humanitarian needs resulting from the crisis, as well as preparedness, immediate and ongoing relief efforts, long-term recovery, resiliency and other critical activities.

The Canadian Red Cross is accepting online donations to the Ukraine Humanitarian Crisis Appeal at www.redcross.ca, or by telephone at 1-800-418-1111.