Eurovision Song Contest 2022 Winners Release NFTs for Ukrainian Charity Auction – Metaverse Bitcoin News

Eurovision Song Contest 2022 winner Kalush Orchestra is auctioning off NFTs for charity. The auction started on May 25th at MetaHistory (Ukraine’s official charity NFT museum) and will run until the 28th. Bids will be accepted in both cryptocurrencies and fiat (via Monobank), creating a friendly competition for which type of currency will bring the most donations.

Kalush Orchestra Auctions NFT Ukraine

Eurovision Song Contest 2022 will be held in Turin, Italy on May 14th. The event had 161 million TV viewers in 34 measured markets, with 18 million also watching the game online on YouTube and TikTok. The winner was the song Stefania performed by the Kalush Orchestra.Now the band is auction The NFT of the Eurovision Glass Microphone Trophy awarded it to collect donations to help Ukraine.

By purchasing an NFT with cryptocurrency, the lucky owner will receive: A 100% unique digital NFT file containing the microphone and Kalush Orchestra. Exclusive meeting and dinner with members of the Karosh Orchestra. And the chance to get a physical crystal microphone, as long as the bid is higher than the fiat currency bid.

The raffle was supported by the Ministry of Culture and Information Policy, the Ministry of Digital Transformation of Ukraine and the European Broadcasting Union (EBU), the broadcasting association that organizes the International Eurovision Song Contest. All funds raised will be donated to Serhiy Prytula’s CO Charitable Foundation.

40 countries took part in the popular European cultural event, and this year Russia was excluded from Eurovision. The Ukrainian song was a big hit and was the first song written entirely in Ukrainian. As such, it is widely believed that its constituents support not only the music of the Karoosh Orchestra, but the struggle of the entire country.

The Ukrainian people, and even the government, have embraced cryptocurrency donations and NFTs as a way to gain support in anticipation of the events of the past 3 months. According to the analysis group Crystal, the donation of cryptocurrency to Ukraine during the war was the largest in history. As of May 12, 2022, this amount exceeds $82 million. With that in mind, it’s no surprise that the first person to attempt to mint the NFT trophy “Crystal Microphone” in Europe belongs to Ukraine.

“Web3 allows money to be pooled in an unprecedented way,” said Alona Shevchenko, co-founder of the Ukrainian DAO.Ukrainian flag NFT launched by Ukraine DAO auctioned for $6.5 million Ethereummaking it the 10th most expensive NFT ever sold.

Pastor Miller, one of the founding partners of the Unchain Fund, added: “The war over the past three months has shown how powerful and creative Web3 can be in the fight for human freedom.” To date, Unchain has passed 15 different Blockchain raised about $10 million in cryptocurrency.

“MetaHistory represents any commitment and effort to gather charitable support for the benefit of Ukraine. So, when it comes to prioritizing such a historic trophy and minting, it only draws admiration for MH and the Kalush Orchestra team”, MetaHistory’s CEO and founder VK commented.

What do you think about artists releasing NFTs for charity?

Niomi

Writer from China with extensive experience in art, music, culture, technology and tourism. Bitcoin.com News sends her into the virtual world to capture what it’s like for pioneers to enter this new reality.




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