Fun

Eurovision Winners’ NFT Auction Raises $900K for Charity

News Feed - 2022-06-07 02:06:43

Eurovision Winners’ NFT Auction Raises $900K for Charity


Kalush Orchestra, the winners of the Eurovision Song Contest 2022, have successfully auctioned off an NFT for charity. The auction was held on MetaHistory — the official Ukrainian charitable NFT museum – and raised $900,000 in cryptocurrency for Ukraine. MetaHistory and Kalush Orchestra’s NFT Charity Auction


The largest European crypto exchange originating from Ukraine, WhiteBIT took home the iconic crystal microphone trophy. The auction on the MetaHistory platform raised $900,000 with the Eurovision Song Contest 2022 prize sale.


WhiteBITsimultaneously broke two Ukrainian records. They made the most expensive (500 ETH) purchase of NFT and it’s the largest amount of donation during the live stream. The company has a goal to spread blockchain technology and expand the cryptocurrency community, and perhaps it was this that inspired them to establish a record and give the largest donation to support their country with cryptocurrency.


“WhiteBIT is grateful to the global community for supporting our country during this difficult time. As Ukrainians, we want our Western partners to know that Ukrainian businesses and entrepreneurs are also investing all their resources to maintain the fighting ability of our brave soldiers. The decision to donate in this auction, organized by the Kalush Orchestra, was completely conscious and thought-through. Indeed, $900,000, even for a crystal microphone, is a lot. But $900,000 to help the Armed Forces is only a small portion of the full contribution of all Ukrainians towards our common victory,” – said Volodymyr Nosov, CEO of WhiteBIT.



At the same time, Kalush and MetaHistory’s ambitious collaboration does not end there. Co-founders of the Kalush Orchestra, the Ukrainian music label ENKOhas begun production of a music NFT album with invited famous Ukrainian and foreign artists. All funds raised also will go to support Ukraine.


“Enko always tries to be ahead of others, this determines the leader. Therefore, I am very glad that we became an co-creator in such a historic event and record in the form of a result. I am grateful to the crypto-community and personally to Vladimir Nosov of Whitebit for such a strong gesture. I especially want to mention MetaHistory, because I express my gratitude to VK for his proposal to do this event together. I can only add that Enko, MetaHistory and OhMyGod agency are planning something that will break all the patterns and limits. Stay tuned,” – said Kateryna Dmytrenko, CEO Enko music label (Kalush Orchestra label).


The team of the community agency OhMyGodhelped with the marketing of this event and supported the charitable initiative. We have no words, but we have 900 000$ for support of Ukraine! Auction is closed, crystal trophy of the Eurovision 2022 go to @whitebit. Congratulations!🎉


Kalush, it’s your second victory! All funds will be given to the Charitable Foundation of @serhiyprytula 🇺🇦 pic.twitter.com/6bLfdPsaMs


— Meta History: Museum of War (@Meta_History_UA) May 29, 2022



With this latest move Ukrainians are once again demonstrating the benefits of NFT. I n March, MetaHistory successfully launched its NFT collection of artworks, raising $800,000 in donations for Ukraine. The unique MetaHistory platform dispels stereotypes about NFTs and promotes them as timeless and significant modes of communication with the world. The platform shows an example to the whole world that NFTs can be useful, and their momentum to become a national NFT platform is increasing.


“As the founder, I am happy about the historic event that took place on the MetaHistory platform, because so far no one has minted the Eurovision trophy before. I am grateful to the crypto-community and personally Volodymyr Nosov CEO of Whitebit, for their participation and passion to win. The money raised will definitely be part of a joint effort to help our homeland in this terrible aggression. MetaHistory will continue to develop its work to show the world that NFT can be more than a speculative asset,” – said VK, the CEO of MetaHistory. Tags in this story Charity, nft, Ukraine, Whitebit


  Neomi


An author from China with experience covering art, music, culture, tech, and travel. Bitcoin.com News sent her into the metaverse to capture the feeling of a pioneer entering this new reality. Study: India Leads the World in NFT Gaming, Fewer P2E Players in Western Countries METAVERSE | 5 days ago South Korea to Invest $177 Million Directly in Metaverse Platforms METAVERSE | 6 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleMonthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink Next article2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months Show comments More Popular NewsIn Case You Missed ItOman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework


Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)"s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing Ethereum Foundation"s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether

News Feed

Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law Suggests
Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law Suggests A new Russian law may oblige potential crypto investors to take a test before being allowed to pu
Court Orders Russia’s Sberbank to Unblock Crypto Trader’s Accounts
Court Orders Russia’s Sberbank to Unblock Crypto Trader’s Accounts A court has ordered one of Russia’s largest banks to lift restrictions imposed on th
Brian Quarmby2 hours agoDJ 3LAU causes a stir after opting out of Friend.tech over regulatory risks3LAU noted that the risks were high and that he has a “responsibility” to avoid regulatory gray areas.513 Total views
Coinflex Launches Noncustodial Interest-Bearing Stablecoin on BCH and ETH Networks
Coinflex Launches Noncustodial Interest-Bearing Stablecoin on BCH and ETH Networks The cryptocurrency exchange Coinflex has announced the launch of a unique inte
Felix Ng5 hours agoSaylor’s MicroStrategy plans $750M stock sale, possibly buying more BitcoinMicroStrategy, one of the largest corporate holders of Bitcoin, said proceeds of the sale could be used to buy up even more
Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says
Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says Digital financial assets like cryptocurrencies can help Russia to reach the global financial market d
Microsoft blames Crowdstrike meltdown on 2009 European Union deal
Vince Quill1 hour agoMicrosoft blames Crowdstrike meltdown on 2009 European Union dealThe security incident affected 8.5 million Windows systems worldwide as commercial operations were hit with the “blue screen of deat
Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra on Wednesday, stating the Facebook-led project would need to resolve a number of regulatory hurdles before going live.
FTX US Partners With Monumental Sports Entertainment, Gets Exposure to 4 New Sports Teams
FTX US Partners With Monumental Sports Entertainment, Gets Exposure to 4 New Sports Teams FTX continues its path toward the sports world as it signed a partnership with Monumental
Bitcoin, Ethereum Technical Analysis: Bitcoin Climbs Above $47,000, as ETH Consolidates at Key Resistance Level
Bitcoin, Ethereum Technical Analysis: Bitcoin Climbs Above $47,000, as ETH Consolidates at Key Resistance Level Bitcoin was back in the green during Tuesday’s session, as th
Canada to sanction LiquiTrade for Securities Act violation
Arijit Sarkar1 hour agoCanada to sanction LiquiTrade for Securities Act violationThe BCSC finds LiquiTrade guilty of running an illegal exchange, which could result in sanctions ranging from fines to a ban.422 Total view
Ripple Scores $15 Billion Valuation — CEO Says Financial Position Is Strongest Ever Despite SEC Lawsuit Over XRP
Ripple Scores $15 Billion Valuation — CEO Says Financial Position Is Strongest Ever Despite SEC Lawsuit Over XRP Ripple has bought back shares from its Series C funding round, wh