Fun

News Feed - 2023-09-29 06:09:56

Arijit Sarkar14 hours agoNFT artist raises $140K for cancer support charityThe funds raised from the event will help 4,000 people impacted by cancer and locals who need immediate and vital support.1635 Total views24 Total sharesListen to article 0:00NewsJoin us on social networksA nonfungible token (NFT) artist raised nearly $140,000 (114,000 British pounds) from an art event in Edinburgh, Scotland to support cancer treatment.


Maggie’s Edinburgh — an institution dedicated to free cancer treatment — received 114,000 pounds from Trevor Jones, a popular crypto artist from Scotland, who raised funds at a charity exhibition and auction at an annual Web3 Castle Party near Paris.


According to Maggie’s Edinburgh Fundraising, the funds collected by Jones amounted to the highest single donation from an art event recorded in the Edinburgh Center’s 27-year history. A spokesperson representing Maggie’s Edinburgh attributed the success to “the support and enthusiasm of the NFT art community.”Cancer patient (right) being able to live a normal life owing to philanthropic initiatives. Source: maggies.org


The total money raised from the fundraiser will go toward helping 4,000 people impacted by cancer and locals who need vital support. The exhibition held at Château de Vallery near Paris saw participation from 30 artists. Speaking about the event, Jones stated:“The funds raised (from NFT artists) will make a huge difference and will go to support services for those affected by a cancer diagnosis — patients and their families. This is certainly a wonderful way to remember such a beloved artist, also taken by this disease.”


Ever since NFTs got mainstream attention in 2021, the sub-ecosystem has helped the community contribute to several philanthropic initiatives.


Related:Crypto donations amplify speed and global reach during crisis


From supporting mental health and protecting war victims to aiding the United Nations Children’s Fund (UNICEF) initiatives, NFT and cryptocurrency investors have contributed to helping global society.


Moreover, the United States Federal Election Commission approved using NFTs as a campaign fundraising incentive last year. Major brands, such as Coca-Cola and the Singapore Red Cross, and government bodies have previously opted for NFT and crypto donations to fuel various philanthropic initiatives.


Magazine:Blockchain detectives: Mt. Gox collapse saw birth of Chainalysis# Donations# Scotland# Adoption# NFT# PhilanthropyAdd reactionAdd reactionRead moreWho invented NFTs?: A brief history of nonfungible tokens‘Massive’ crypto use cases to surface by 2030 — Coinbase execCBDCs could support a more stable economy — if banks run the show

News Feed

CleanSpark acquires GRIID for $155M stock transaction
Ana Paula Pereira7 hours agoCleanSpark acquires GRIID for $155M stock transactionCleanSpark has acquired GRIID in an all-stock transaction. The deal is expected to add more than 400 megawatts to the company’s power gri
Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners
Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners The federal government in Moscow has permitted regions to determine local electricity tariffs for the
OKX adds Uniswap API on DEX, launches gas-free trading
Ezra Reguerra7 hours agoOKX adds Uniswap API on DEX, launches gas-free tradingOKX chief innovation officer Jason Lau said that the new feature eliminates common DeFi headaches like slippage, MEV attacks and failed transa
Here Are The Factors That Could Drive The Dogecoin Price To $1 This Bull Market
Este artículo también está disponible en español. Driven by bullish market sentiment following Donald Trump’s win in the concluded US Presidential election, the Dogecoi
Marco Castrovilli5 hours agoBitcoin rally will lead to "speculative blow-off top” in 2024, Mark Yusko predictsBlackRock"s application for a spot Bitcoin ETF has kicked off the next Bitcoin bull run, which will cul
Visa provides stablecoin analytics dashboard with ‘noise’ filtered out
Derek Andersen6 hours agoVisa provides stablecoin analytics dashboard with ‘noise’ filtered outThe financial services giant wants to make data about stablecoin usage clear and accessible, which requires some processi
Demand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher
Demand for Gold-Backed Tokens Brings Premiums as Precious Metal"s Value Jumps Higher While stocks and cryptocurrency markets have floundered during the last week, the price of the
Venezuelan Government Signs Agreement to Establish Guidelines for Granting Licenses to Crypto Miners
Venezuelan Government Signs Agreement to Establish Guidelines for Granting Licenses to Crypto Miners The National Superintendency of Crypto Assets (Sunacrip) and
Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Rakesh Upadhyay6 hours agoPrice analysis 9/30: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADABitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto marke
Japanese Police Arrest 4 Men Allegedly Behind $55 Million Crypto Investment Scheme
Japanese Police Arrest 4 Men Allegedly Behind $55 Million Crypto Investment Scheme Four alleged masterminds of the “Oz Project” have been arrested af
Why Web3 gaming needs a Steam-like platform for growth
Ezra Reguerra29 minutes agoWhy Web3 gaming needs a Steam-like platform for growthOKX chief innovation officer Jason Lau believes that Web3 games need to cultivate communities by educating players on the benefits of Web3
Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days
Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days Despite the bitcoin price high, there continues to be a massive exod