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

Crypto law firm loses appeal to force SEC’s hand on Ether classification
Jesse Coghlan3 hours agoCrypto law firm loses appeal to force SEC’s hand on Ether classificationHodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force
Instagram Is ‘Exploring NFTs’ to ‘Make Them More Accessible to a Wider Audience,’ Says CEO
Instagram Is "Exploring NFTs" to "Make Them More Accessible to a Wider Audience," Says CEO According to the CEO of Instagram, Adam Mosseri, the social media application is looking
Ryan Salame seeks to void guilty plea, says fed didn’t keep promise
Martin Young5 hours agoRyan Salame seeks to void guilty plea, says fed didn’t keep promiseThe government has reneged on its agreement to stop investigating his partner, claims former FTX executive Ryan Salame.   739
OpenAI releases Elon Musk emails on pro ‘for-profit’ stance amid ongoing lawsuit
Savannah Fortis11 hours agoOpenAI releases Elon Musk emails on pro ‘for-profit’ stance amid ongoing lawsuitOpenAI released emails between Elon Musk and members of its board over conversations about turning the compan
Strategist at Southeast Asia’s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price
Strategist at Southeast Asia"s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price An investment strategist at Southeast Asia’s largest bank, DBS, says bitcoin is un
Hut 8 expands mining operations with power deal in West Texas
Ana Paula Pereira6 hours agoHut 8 expands mining operations with power deal in West TexasHut 8 secured a purchase agreement for 205 megawatts of power and land in West Texas, expanding its energy infrastructure to about
Bitcoin Cash Community Supports Greater Privacy by Donating Over 100 BCH to Cashfusion Fundraiser
Bitcoin Cash Community Supports Greater Privacy by Donating Over 100 BCH to Cashfusion Fundraiser The Bitcoin Cash community is showing its support for greater privacy by putting
Bitcoin shrugs off US jobs data as BTC price gives up $66K support
William Suberg8 hours agoBitcoin shrugs off US jobs data as BTC price gives up $66K supportBitcoin bulls are finding it increasingly difficult to preserve earlier gains, which came thanks to U.S. inflation numbers.3005 T
Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model
Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model Kickstarter, one of the leading crowdfunding platforms on the market, has decided to abandon its current busi
Famed NFT Artist Bosslogic to Create 2500 Exclusive Pieces for Ethernity Community
Famed NFT Artist Bosslogic to Create 2500 Exclusive Pieces for Ethernity Community Top-selling non-fungible token (NFT) artist Bosslogic has partnered with art c
After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours
After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours While Ethereum users participating in the Otherside metaverse land
Jesse Coghlan7 hours agoGirlfriends, murdered kids, assassin androids — is AI cursed?Artificial intelligence has provided the world with tools that might make life easier. But there has also been a slew of disturbing d