NFT artist raises $140K for cancer support charity

A nonfungible token (NFT) artist raised almost $140,000 ( £114,000) from an artwork occasion in Edinburgh, Scotland to assist most cancers remedy.

Maggie’s Edinburgh — an establishment devoted to free most cancers remedy — acquired £114,000 from Trevor Jones, a well-liked crypto artist from Scotland, who raised funds at a charity exhibition and public sale at an annual Web3 Fortress Celebration close to Paris.

In accordance with Maggie’s Edinburgh Fundraising, the funds collected by Jones amounted to the very best single donation from an artwork occasion recorded within the Edinburgh Heart’s 27 years historical past. A spokesperson representing Maggie’s Edinburgh attributed the success to “the assist and enthusiasm of the NFT artwork group.”

Most cancers affected person (proper) having the ability to reside a standard life owing to philanthropic initiatives. Supply: maggies.org

The whole cash raised from the fundraiser will go towards serving to 4,000 folks impacted by most cancers and locals who want important assist. The exhibition held at Château de Vallery close to Paris noticed participation from 30 artists. Talking in regards to the occasion, Jones said:

“The funds raised (from NFT artists) will make an enormous distinction and can go to assist companies for these affected by a most cancers analysis – sufferers and their households. That is definitely an exquisite option to bear in mind such a beloved artist, additionally taken by this illness.”

Ever since NFTs obtained mainstream consideration in 2021, the sub-ecosystem helped the group contribute to a number of philanthropic initiatives.

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From supporting psychological well being and defending warfare victims to aiding the United Nations Kids’s Fund (UNICEF) initiatives, NFT and cryptocurrency traders have contributed to serving to international society.

Furthermore, the US Federal Election Fee (FEC) authorised utilizing NFTs as a marketing campaign fundraising incentive final 12 months. Main manufacturers — reminiscent of Coca-Cola, Singapore Pink Cross — and authorities our bodies have beforehand opted for NFT and crypto donations to gas varied philanthropic initiatives.

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