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

Tether to double its workforce to 200 by mid-2025: Report
Martin Young3 hours agoTether to double its workforce to 200 by mid-2025: ReportThe stablecoin issuer will still be tiny in terms of staff compared to other tech and crypto companies.806 Total viewsListen to article 0:00
Turner Wright3 hours agoCrypto advocates weigh on race for next US House SpeakerLawmakers are scheduled to return to the House of Representatives on Oct. 11 to vote on a replacement for Speaker Kevin McCarthy, whose posi
US Seizes 94,636 Bitcoin From 2016 Bitfinex Hack in ‘Largest Crypto Seizure to Date’ — 2 People Arrested
US Seizes 94,636 Bitcoin From 2016 Bitfinex Hack in "Largest Crypto Seizure to Date" — 2 People Arrested The U.S. Department of Justice (DOJ) has announced the seizure of 94,636
Japan to Relax Cryptocurrency Listing Rules
Japan to Relax Cryptocurrency Listing Rules The Japan Virtual and Crypto Assets Exchange Association (JVCEA) plans to allow crypto trading platforms to list coins without going thr
Historic Bitcoin Indicator Predicts Bitcoin $200K Target: Next Crypto to Explode
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
ADALend Is Building a Cardano Native, Scalable and Decentralized Lending Protocol
ADALend Is Building a Cardano Native, Scalable and Decentralized Lending Protocol sponsored ADAlend.finance , a protocol that is bringing decentralized lending to the Cardano blockc
Canadian Lawmaker Introduces Bill to Encourage Crypto Sector Growth
Canadian Lawmaker Introduces Bill to Encourage Crypto Sector Growth A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attr
Why Everyone Should Be Paying Attention to GensoKishi Online Metaworld
Why Everyone Should Be Paying Attention to GensoKishi Online Metaworld sponsored Most crypto-oriented gaming projects usually run on the likes of Ethereum (ETH), Solana (SOL), EOS (
Bitcoin LTHs Start Taking Profits – Metrics Reveal Whales Are Actively Spending
Este artículo también está disponible en español. Bitcoin has reached new all-time highs for four consecutive days, hitting $99,500 just hours ago. The relentless surge h
Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards
Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards It’s been six months or roughly 180 days since bitcoin reached an all-time high a
Binance operating without license in Philippines, regulator says
Helen Partz24 minutes agoBinance operating without license in Philippines, regulator saysAccording to the Philippines SEC, entities involved in promoting or trading on Binance could face up to 21 years of imprisonment an
Gareth Jenkinson10 hours ago‘107,000 GPUs on the waitlist’ — Io.net beta launch attracts data centers, GPU clustersIo.net’s recently developed decentralized physical infrastructure network has moved into its beta