Rap at the service of Ukraine – Rap has become one of Ukraine’s weapons to defend its territory against the Russian invasion. Deputy Prime Minister of Ukraine, Mykhailo Fedorovhad requested, at the end of May 2022, thecrypto community help with a rap piece. A few days later, the Ukrainian rap group, Kalush Orchestrasells his trophy of theEurovision to help the Ukrainian army.
The sale of a trophy for 500 ETH to help Ukraine
Ukrainian rap group Kalush Orchestra had won, on May 14, 2022, the 66e edition ofEurovisionwith his song “Stefania”.
To contribute to the effort of war in ukrainethe group decided to sale at auction its trophy glass in the form of a microphone.
Kalush Orchestra announced on May 29, 2022 that the Estonian cryptocurrency exchange WhiteBit won the auction for 500 ether (ETH) – or about $940,000. The winner not only received the trophy, but also a non-fungible token (NFT) with which it is associated.
“We appreciate each and every one of you who participated in this auction. And a special thanks to the Whitebit team who purchased the trophy for $900,000 and are now the rightful owner of our trophy. »
Publication of Kalush Orchestra on Facebook
The funds were disbursed to the Prytula Foundation which supports the Ukrainian army. They should serve to buy 3 PD-2 drones, according to Kalush Orchestra. These drones are used for military missions of inspection, observation, reconnaissance, but also surveillance.
In addition to the sale of the trophy, rapper Oleh Psiouk has put auction its famous hat pink.
Auctions for the latter allowed the group to collect additional $370,000. The winner was drawn from the list of people who donated during this sale.
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Eurovision more appreciated than NFT in the Ukrainian war
Kalush Orchestra’s initiative met with more than hit than that of the Ukrainian government and its NFT war museum. Indeed, the products of the sale auction of the Eurovision trophy are senior revenue generated by the sale of Meta History NFTs: “War Museum”.
The NFTs in this collection are related to works by different artists. Each work represents a significant event of the war in Ukraine.
More 1,600 NFTs by Meta History had been sold on OpenSea in April 2022. A spokesperson for Ukraine’s Ministry of Digital Transformation then said that the sales had brought pleaseuse of $600,000.
Thus, the NFT continue to be one of the main sources of income from the crypto community to help theUkraine. This digital creative agency even used NFTs to sell Russia piece by piece to support the people of Ukraine.
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