The 2022 Eurovision Song Contest winners, the Kalush Orchestra, will be auctioning off NFTs for charity. The auction started on May 25 at the official Ukrainian charity museum "MetaHistory" and will only last until the 28th. Bidding will accept both cryptocurrencies and fiat currencies (via Monobank) - this is a friendly competition to see which currency brings in the most donations.
Ukrainian Kalush Orchestra NFT Auction
The Eurovision Song Contest 2022 will be held in Turin, Italy on May 14. The match was watched by 161 million TV viewers and 18 million viewers on YouTube and TikTok in 34 markets. Stefania, played by the Kalush Orchestra, won the championship. Now the band is auctioning off an NFT of the glass microphone trophy awarded to them by the Eurovision Song Contest to raise money for Ukraine.
By purchasing the NFT with cryptocurrency, the lucky owner will receive: a 100% unique digital NFT file depicting the microphone and Kalush Orchestra. Exclusive meeting and dinner with members of the Kalush Orchestra. As long as the cryptocurrency bid is higher than the fiat currency bid, you can also receive the physical crystal microphone.
The prize draw is supported by the Ministry of Culture and Information Policy of Ukraine, the Ministry of Digital Transformation and the European Broadcasting Union (EBU), the association of broadcasters that organizes the Eurovision Song Contest. All money raised will go to Serhiy Prytula's CO Charitable Foundation.
In addition to Russia, 40 countries participated in this year's Eurovision Song Contest. The Ukrainian song won by a wide margin, being the first song written entirely in Ukrainian.
The people of Ukraine, and even the government, have embraced cryptocurrencies and NFTs as a means of donating money. Crypto donations to Ukraine during the war were the largest in history, according to analytics group Crystal. As of May 12, 2022, this amount exceeds $82 million. With this in mind, it should come as no surprise that Ukraine was the first to attempt to manufacture the NFT trophy “Crystal Microphone” in Europe.
“Web3 allows for fundraising in unprecedented ways,” said Alona Shevchenko, co-founder of Ukraine DAO. The Ukrainian flag NFT launched by Ukraine DAO sold for $6.5 million in ETH, making it the 10th most expensive NFT ever sold at the time.
Rev Miller, one of the founding partners of the Unchain Fund, added: “The past three months of warfare have shown just how powerful and creative Web3 can be when it comes to fighting for human freedom.” So far, Unchain is active in 15 different Around $10 million in cryptocurrency has been raised on the blockchain.
“MetaHistory represents any commitment and effort to gather philanthropic support for the benefit of Ukraine. So, when it comes to such a historic trophy and NFT, it can only arouse feelings of admiration for MetaHistory and the Kalush Orchestra.”
Source: bitcoin.com
https://news.bitcoin.com/eurovision-song-contest-2022-winners-release-nft-for-ukraine-charity-auction/
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