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Eurovision Winners’ NFT Auction Raises $900K For Charity

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.

WhiteBIT simultaneously 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. They have a goal of spreading blockchain technology and expanding the cryptocurrency community. Perhaps this is what inspired them to set a record and make the largest donation to their country using cryptocurrency.

“WhiteBIT is grateful to the global community for supporting our country during this difficult time. We, Ukrainians, want our Western partners know that entrepreneurs and businesses in Ukraine are investing all of their resources to sustain the fighting capability of our brave soldiers. The Kalush Orchestra made the decision to donate at this auction. It was a conscious and thoughtful decision. 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.

However, the ambitious collaboration between Kalush and MetaHistory does not stop there. Co-founders of the Kalush Orchestra, the Ukrainian music label ENKO has begun production of a music NFT album with invited famous Ukrainian and foreign artists. All funds raised will also go to Ukraine.

“Enko always tries to be ahead of others, this determines the leader. It was a great honor to be a co-creator of such an historic event and record. Thank you to the crypto-community, and Vladimir Nosov from Whitebit personally for this strong gesture. VK’s proposal to hold this event together, MetaHistory is something I want to specifically mention. Enko, MetaHistory, and OhMyGod are all planning an event that will challenge all existing patterns. Stay tuned,” – said Kateryna Dmytrenko, CEO Enko music label (Kalush Orchestra label).

The team of the community agency OhMyGod helped 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. In March, MetaHistory successfully launched its NFT collection of artworks, raising $800,000 in donations for Ukraine. MetaHistory’s unique platform dispels myths about NFTs, and promotes them to be timeless and important modes of communication with all people. This platform serves as an example to the world that NFTs are useful and is gaining momentum to be a national NFT platform.

“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. Thank you to the Crypto-community, personally Volodymyr Novov CEO of Whitebit for your participation and enthusiasm to win. This money will be used to aid our country in its 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.

Neomi

A Chinese author with extensive experience in art, music and tech. Bitcoin.com News sent her to the metaverse in order to capture the feeling that a pioneer is entering this new reality.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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