Eurovision Song Contest 2022 Winners Release NFT For Ukraine Charity Auction

Kalush Orchestra, the winners of the Eurovision Song Contest 2022, are auctioning an NFT for charity. The auction started on May 25 on MetaHistory – Ukraine’s official NFT charity museum – and will only last until the 28th. Bids will be accepted in both cryptocurrency and fiat currency (via Monobank), creating thus a friendly competition to know which type of currency can bring in the most donations.

Kalush Orchestra NFT auction for Ukraine

The Eurovision Song Contest 2022 took place on May 14 in Turin, Italy. The event drew a TV audience of 161 million viewers across 34 measured markets, and 18 million viewers also watched the competition online on YouTube and TikTok. The winner was the song Stefania, performed by Kalush Orchestra. Now the group is auctioning off an NFT of the Eurovision Glass Microphone Trophy it was awarded to raise donations to help Ukraine.

By purchasing the NFT with cryptocurrency, the lucky owner receives: A 100% unique digital NFT file with a microphone and Kalush Orchestra. An exclusive meeting and dinner with the members of the Kalush Orchestra. As well as the opportunity to receive the physical item, the Crystal Microphone, as long as the bid is higher than the fiat currency 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 association of broadcasters that organizes the International Eurovision Song Contest. All money raised will go to Serhiy Prytula’s CO Charitable Foundation.

Forty countries took part in the popular European cultural event, with Russia excluded from Eurovision this year. The Ukrainian song won by a wide margin and was the first written entirely in the Ukrainian language. As such, voters are widely considered to have supported not only the music of Kalush Orchestra, but the struggles of the country in general.

The people of Ukraine, and even the government, have embraced crypto donations and NFTs as a way to garner support in a way one would have expected before the events of the past 3 months. According to analyst group Crystal, crypto donations for Ukraine during the war were the largest in history. As of May 12, 2022, that’s over $82 million. Considering this, it is not so surprising that the first attempt to manufacture the NFT “Crystal Microphone” trophy in Europe belongs to Ukraine.

“The Web3 makes it possible to pool funds in an unprecedented way”, explains Alona Shevchenko, co-founder of Ukraine DAO. The Ukrainian flag NFT, launched by Ukraine DAO, was auctioned for $6.5 million in ETH, making it the 10th most expensive NFT ever sold.

“The last three months of war have shown just how powerful and creative Web3 can be when it comes to fighting for human freedom,” adds Rev Miller, one of Unchain Fund’s founding partners. To date, Unchain has raised approximately $10 million in crypto across 15 different blockchains.

“MetaHistory represents all commitments and efforts to raise charitable support for the benefit of Ukraine. So, when it comes to such a historic trophy and striking precedence, it only inspires admiration for the teams at MH and Kalush Orchestra,” comments VK, CEO and Founder of MetaHistory.

What do you think of artists posting NFTs for charity?

Neomi

A Chinese author with experience spanning art, music, culture, technology and travel. Bitcoin.com News sent her into the metaverse to capture the feeling of a trailblazer entering this new reality.




Image credits: Shutterstock, Pixabay, Wiki Commons

Leave a Reply