The victors of the Eurovision Song Contest 2022, Kalush Orchestra, are auctioning off an NFT for charity. The sale began on MetaHistory, the official Ukrainian charitable NFT museum, on May 25 and will end on May 28. Bids will be accepted in both cryptocurrency and fiat currency (through Monobank), resulting in a friendly rivalry to see which currency will bring in the most donations.
NFT for Ukraine is being Auctioned by the Kalush Orchestra
Kalush Orchestra, the winners of the Eurovision Song Contest 2022, are auctioning off an NFT for charity. The auction began on May 25 and will end on May 28 on MetaHistory, the official Ukrainian charitable NFT museum. Bids will be accepted in both cryptocurrency and fiat currency (through Monobank), creating a friendly competition to determine which currency will generate the most donations.
On May 14, 2022, the Eurovision Song Contest was held in Turin, Italy. 161 million people watched the event on television in 34 metered areas, while 18 million people watched it online on YouTube and TikTok. The song Stefania, performed by Kalush Orchestra, was named the winner. The band is now auctioning off an NFT of the Eurovision Glass Microphone Trophy it won in order to raise funds for Ukraine.
The lucky owner of the NFT who purchases it with cryptocurrency receives A one-of-a-kind digital NFT file with a microphone and the Kalush Orchestra. An intimate meeting and dinner with Kalush Orchestra members. As well as the chance to obtain the tangible object, the Crystal Microphone, if the offer is higher than the minimum.
The Ministry of Culture and Information Policy of Ukraine, the Ministry of Digital Transformation of Ukraine, and the European Broadcasting Union (EBU), the association of broadcasters that administers the international Eurovision Song Contest, are all supporting the lottery project. The money raised will all go to Serhiy Prytula’s CO Charitable Foundation.
The popular European cultural festival drew forty countries this year, with Russia being the only country not to compete. The Ukrainian song, which was the first to be written entirely in Ukrainian, triumphed by a huge margin. As a result, it is widely assumed that those who voted for it supported not only Kalush Orchestra’s music, but also the country’s hardships in general.
The Ukrainian people, and even the government, have embraced crypto contributions and NFTs as a vehicle to raise funds in ways that no one could have predicted before the events of the last three months. Crypto donations for Ukraine during the war were the greatest in history, according to the analytical firm Crystal. This totaled more than $82 million as of May 12, 2022. Given this, it’s not surprising that Ukraine was the first country in Europe to attempt to coin the NFT trophy “Crystal Microphone.”
Any endeavours and efforts to collect charity contributions for the benefit of Ukraine are represented by MetaHistory. So, when it comes to such a historical prize and the precedence of the minting, the MH and Kalush Orchestra teams have nothing but admiration,” says VK, CEO and founder of MetaHistory.
Also Read: The Government of Ukraine has Unveiled an Official Website for Crypto Donations
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