Fun

Infinity8.io and Sacha Jafri Make NFT History at amFAR 2021

News Feed - 2021-07-19 10:07:41

Infinity8.io and Sacha Jafri Make NFT History at amFAR 2021 sponsored


As cameras flashed at tonight’s 27th amFAR gala at the Cannes film festival in the south of France, one-star continued to shine, the world’s second highest-selling living artist, Sacha Jafri. The lavish gala celebrated its 27th edition with host Sharon Stone as Alicia Keys gave a dazzling performance in a continued effort to raise money for AIDS returned.


One of the most anticipated nights of the festival, the 27th edition was a smaller, more intimate affair than previous years, with the exclusive guest-list slimmed down from 900 to 400 people with COVID-19 protocols in place.


After the performance, came Sacha’s live painting and a presale of his open edition NFT. As some buyers left to head back to their penthouse suite, the auction kicked off what would be the grand finale of the event. Even though some had already left, with less than 5 minutes to go Sacha alongside Billionaire philanthropist Javed Fiyaz, co-founder of Infinity8.io, sold just over 1,500 units for a total of 750,000 euros ($950,000.) in less than one minute.



Tech Entrepreneur and Crypto investor Scott Fletcher did not just purchase all 1,500 editions, but also took the winning bid for the artist’s live painting for over 1,000,000 euros. In total, Sacha raised over 1.75M euros, with 100% of the proceeds from the NFT sale and physical print going to Aids and Covid 19 research.


What is interesting to note is the NFT sale, which in collaboration with Javed Fiyaz and his charity focused NFT platform, infinity8.io, outsold an Andy Warhol Mickey Mouse piece which raised 375,000 euros ($442,702), a Chopard 18-karat white gold diamond, and a Michael Kagan Astronaut that sold for 400,000 euros ($472,215.60). Not only did Sacha take home the number one slot for the amount raised, but this open edition NFT was just the pre-sale.


What is set to be one of the biggest NFT launches this year, Fans of the artist will have the opportunity to get their hands on one starting July 22nd to Monday the 27th. The price will start at 635.30 Euro for the first 30 minutes, 1,000 euros per unit after the first hour, and continue to increase regularly until the end of the auction.



About Infinity8


Infinity8.io is the first-ever Philanthropic NFT Marketplace, creating a bridge between fine art and digital art, by supporting great masters as well as showcasing up-and-coming talent.


Instagram


This is a sponsored post. Learn how to reach our audience here. Read disclaimer below. LABS Enters the NFT Market - The Real Estate Market Game Changer SPONSORED | 4 days ago Could You Build a Better Way to Wiki? Free TON Launches Contest With Over $80,000 in Crypto SPONSORED | 5 days ago Tags in this story Infinity8.io, nft


Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimer

News Feed

New York jury convicts two promoters of IcomTech crypto ‘Ponzi’
Jesse Coghlan3 hours agoNew York jury convicts two promoters of IcomTech crypto ‘Ponzi’David Brend and Gustavo Rodriguez were convicted of wire fraud conspiracy for helping promote and run the now-collpased fake cry
Helen Partz11 hours agoCrypto startup Bastion secures money transmitter licenses in USLaunched in September by two former Andreessen Horowitz executives, Bastion has acquired its first two money transmitter licenses in N
Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange
Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange On 25 November 2019, the Gocrypto (GOC) token will start trading on Bitcoin.com Exchange. The new SLP token enables merc
XRP Price Rejected At Resistance: Why $2.69 Holds The Key
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
No Backdoor on Human Rights: Why Encryption Cannot Be Compromised
No Backdoor on Human Rights: Why Encryption Cannot Be Compromised In April 2019, the UK issued an Online Harms White Paper to announce its campaign to rein in “harmful spee
WATCH: Our On Tap Meetup in Tokyo United Japanese Blockchain Fans With the Global Makers
What do you get when you give a bunch of crypto fans a bunch of beer and pizza? If you answered “an amazing meetup featuring devs and explorers from all over the world,” then you’re absolutely correct.
Turner Wright8 hours agoBinance and CZ renew calls to dismiss CFTC lawsuitLawyers representing the crypto exchange and its CEO claimed the CFTC was attempting to act as the “world’s derivatives police” in its lawsu
Bitcoin Hits 6-Month High In Active Addresses: Is $100K The Next Target?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Zain Jaffer11 hours agoMonolithic vs. modular blockchainsEthereum founder Vitalik Buterin stated something called the Blockchain Trilemma. A blockchain tries to be secure, fast and decentralized.448 Total viewsListen to
Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300
Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300 Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity dema
BTC price slips 4% to weekly low as Bitcoin bids line up toward $62K
William Suberg7 hours agoBTC price slips 4% to weekly low as Bitcoin bids line up toward $62KBitcoin fails to capitalize on its best-ever monthly close, with BTC price support nearer $60,000 becoming increasingly importa
Synthetix to add Chainlink when v3 exchange launches on Arbitrum
Alex O’Donnell4 hours agoSynthetix to add Chainlink when v3 exchange launches on ArbitrumIt could be followed with deployments on Optimism and Base.511 Total views21 Total sharesListen to article 0:00NewsOwn this piece