NFT artist raised 140 thousand dollars for cancer support charity
An Invincible Token (NFT) artist has raised nearly $140,000 (£114,000) at an art event in Edinburgh, Scotland to support cancer treatment.
Maggie's Edinburgh – an institution dedicated to free cancer treatment – received £114,000 from Scotland's famous crypto artist Trevor Jones, raising money at a charity exhibition and auction at the annual Web3 Castle party near Paris.
As a Maggie's Edinburgh fundraiser, the money raised by Jones is the largest single donation from an arts event in the Edinburgh Centre's 27-year history. A spokesperson for Maggie's Edinburgh representative attributed the success to “the support and enthusiasm of the NFT art community”.
All funds raised from the fundraiser will go towards helping 4,000 people affected by cancer and local residents in need of essential support. The exhibition at Chat de Valery near Paris featured the participation of 30 artists. Speaking about the event, Jones said:
“(The money raised from NFT artists) makes a big difference and goes to support services for those affected by a cancer diagnosis – patients and their families. It's really a great way to remember such a beloved artist, who is also taken by this disease.”
Ever since NFTs gained mainstream attention in 2021, the ecosystem has helped the community contribute to a number of charitable initiatives.
Related: Crypto donations boost speed and global reach in times of crisis
From supporting mental health and protecting war victims to helping the United Nations Children's Fund (UNICEF) initiative, NFT and cryptocurrency investors have contributed to helping the global community.
Moreover, the United States Federal Election Commission last year approved the use of NFTs as a campaign fundraising incentive. Major brands and government bodies such as Coca-Cola and the Singapore Red Cross have previously opted for NFT and crypto donations to drive various charitable initiatives.
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