Eurovision Song Contest 2022 Winners Release NFT for Ukraine Charity Auction

Eurovision Song Contest 2022 Winners Release NFT for Ukraine Charity Auction

Kalush Orchestra, the winners of the Eurovision Song Contest 2022, are auctioning off an NFT for charity. The public sale began May 25 on MetaHistory — the official Ukrainian charitable NFT museum – and can final solely till the twenty eighth. Bids will probably be accepted in each cryptocurrency and fiat foreign money (through Monobank), thus making a pleasant competitors for what sort of foreign money can convey probably the most donations.

Kalush Orchestra Auction NFT for Ukraine

The Eurovision Song Contest 2022 passed off on May 14 in Turin, Italy. The occasion had a tv viewers of 161 million viewers in 34 measured markets, and 18 million viewers additionally watched the competition on-line on YouTube and TikTookay. The winner was the music Stefania, carried out by Kalush Orchestra. Now the band is auctioning an NFT of the Eurovision Glass Microphone Trophy awarded it to gather donations to assist Ukraine.

By buying the NFT with cryptocurrency, the fortunate proprietor receives: A 100% distinctive digital NFT file that includes a microphone and Kalush Orchestra. An unique assembly and dinner with members of the Kalush Orchestra. As properly as a possibility to obtain the bodily object, the Crystal Microphone, so long as the bid is increased than the fiat foreign money bid.

The raffle initiative is supported by the Ministry of Culture and Information Policy, the Ministry of Digital Transformation of Ukraine, and the European Broadcasting Union (EBU), the affiliation of broadcasters that organizes the worldwide Eurovision Song Contest. All of the cash raised will go to the CO Charitable Foundation of Serhiy Prytula.

Forty nations participated within the common European cultural occasion, with Russia excluded from Eurovision this yr. The Ukrainian music received by a big margin, and was the primary written completely within the Ukrainian language. As such, it’s extensively thought of that voters for it supported not solely the music of Kalush Orchestra, however the struggles of the nation basically.

The Ukrainian folks, and even authorities, have embraced crypto donations and NFTs as a way to assemble help in a approach that on one might have anticipated earlier than the occasions of the final 3 months. According to analytical group Crystal, crypto donations for Ukraine throughout the warfare have been the most important in historical past. As of May 12, 2022, this amounted to greater than $82 million. Considering this, it’s not that stunning that the primary try to make the minting of the NFT trophy “Crystal Microphone” in Europe belongs to Ukraine.

 

“Web3 permits to pool funds in unprecedented methods”, says Alona Shevchenko, co-founder of Ukraine DAO. The NFT of the Ukrainian flag, launched by Ukraine DAO, was auctioned off for $6.5 million in ETH, making it the tenth most costly NFT ever offered.

“The final three months of warfare has proven how highly effective and inventive Web3 might be with regards to preventing for human freedom”, provides Rev Miller, one of many founding companions of Unchain Fund. To date, Unchain raised round $10m in crypto throughout 15 totally different blockchains.

“MetaHistory stand for any undertakings and efforts to gather a charitable help for the advantage of Ukraine. So, with regards to such a historic trophy and the priority of the minting, it causes solely admiration for MH and Kalush Orchestra groups” feedback VK, CEO & founding father of MetaHistory.

What do you concentrate on artists releasing NFTs for charity?

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: