BitcoinWorld

Latest News

NFT platform, lacollection start working to support Ukraine

In order to collect money for Ukrainian cultural organizations including the National Art Museum of Ukraine, the Ukrainian Institute, and the Odessa Fine Arts Museum, non-fungible token (NFT) platform laCollection has started working with a number of worldwide artists.

According to a statement from United Artists for Ukraine, a group of artists coordinated by Marina Abromovic and Ron Arad, the campaign intends to….

“raise crucial funding and awareness for Ukrainian cultural institutions and cultural projects in Ukraine badly devastated by the continuing war.”

UNESCO announced in July that the war in Ukraine has destroyed 162 sites with significant cultural heritage in all or in part.

The project comprises of a number of NFTs created by Ukrainian artist Irina Ozarinskaya that serve as membership cards and allow for exclusive visits to the studios of collective members as well as other activities.

Ten well-known artists, including Paul Cézanne and Jean-Michel Basquiat, are graphically portrayed in the NFTs.

The Hexagon Society, a Franco-English art charity that was first established in the wake of Brexit to advance European culture in the United Kingdom, is behind the effort.

The NFT artworks are available for purchase on their website and are up for auction until December 31.

 

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.