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Bored Ape Yacht Club donates $1 million in Ethereum to Ukraine as a result of community efforts

The team behind the Bored Ape Yacht Club donated $1 million in Ethereum to the Ukraine government's wallet on March 8.

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Bored Ape Yacht Club donates $1 million in Ethereum to Ukraine as a result of community efforts

To match the efforts of other BAYC members who have raised almost $1 million for Ukraine, the

BAYC matches community donations, sends $1 million in Ether to Ukraine Government’s Ethereum Wallet

Statistics from seven different cryptocurrency donation programs show that $39 million worth of Ethereum-based assets has been donated to Ukraine.

Merkle Science also has a tracker for Ukraine's crypto donations. It shows total donations of $90.55 billion to date in crypto tokens like bitcoin (BTC), DOGE (DOGE), polygon(MATIC), BNB (SOL), DOT and NEAR.

On Tuesday, Bored Ape Yacht Club (BAYC), the official Twitter account for the popular NFT (non-fungible token) project, tweeted that it had donated $1 million in Ethereum (ETH) to the Ukraine's government's ether address.

"It's inspiring to see our community come together support Ukraine - almost $1 million in ETH was donated by wallets containing an @Ukraine BAYC ecosystem FFT," the official BAYC twitter account said. "Today, we're matching that donation with a $1 million ETH donation of ours." "

Bored Ape Yacht Club is a very popular NFT project. It has been in high demand for the past 12 months. The latest statistics from dappradar.com show that BAYC is currently the fifth-largest NFT Project by sales volume, with $1.4 Billion to date.

The current floor price of the cheapest BAYC NFT at $204,840 is 74.64 Ethereum.