Live Chat

Crypto News

Cryptocurrency News 1 years ago
ENTRESRUARPTDEFRZHHIIT

Scottish Crypto Artist Raises Record-Breaking Sum at Charity Exhibition for Cancer Care

Algoine News
Summary:
Scottish crypto artist Trevor Jones raised nearly $140,000 at a charity exhibition in Edinburgh, Scotland, setting a record for the highest single donation from an art event in the Edinburgh Center's 27-year history. The event was part of the annual Web3 Castle Party near Paris with funds going to Maggie’s Edinburgh, an organization committed to providing free cancer treatment. The money will aid around 4,000 individuals impacted by cancer and those needing essential support. NFT and cryptocurrency investors have significantly contributed to global societal causes since gaining mainstream prominence in 2021.
Trevor Jones, a renowned Scottish crypto artist, managed to accumulate close to $140,000, or £114,000, for cancer treatment through a charity exhibition and sale in Edinburgh, Scotland. The benefiting organisation, Maggie’s Edinburgh, is recognised for its commitment to providing free cancer care. The charity exhibition, part of the annual Web3 Castle Party near Paris, saw Jones register the highest single donation from an art event in 27 years at the Edinburgh Center, according to Maggie's Edinburgh Fundraising. The organisation's spokesperson credited the achievement to the "NFT art community's support and passion." The funds collected will be directed towards helping around 4,000 individuals affected by cancer as well as locals requiring essential support. The event at Château de Vallery, near Paris, was graced by thirty artists. When speaking about the occasion, Jones said, "The raised funds will significantly affect and will support services for those affected by a cancer diagnosis – both patients and their families. It's indeed a fitting tribute to a cherished artist who was also a victim of this disease." Notably, since NFTs gained widespread popularity in 2021, the sub-ecosystem has contributed to multiple charitable causes. Including lending a hand to mental health services, protecting war victims, and supporting programs run by the United Nations Children’s Fund (UNICEF), it is evident that NFT and cryptocurrency backers have made significant contributions to global society. This new-ish movement has also received the green light from the United States Federal Election Commission (FEC), approving the use of NFTs as a campaign fundraising incentive in the past year. Taking a cue, big corporations like Coca-Cola, the Singapore Red Cross, and even government bodies have adopted NFT and crypto donations to bolster various philanthropic initiatives.

Published At

9/29/2023 9:03:56 AM

Disclaimer: Algoine does not endorse any content or product on this page. Readers should conduct their own research before taking any actions related to the asset, company, or any information in this article and assume full responsibility for their decisions. This article should not be considered as investment advice. Our news is prepared with AI support.

Do you suspect this content may be misleading, incomplete, or inappropriate in any way, requiring modification or removal? We appreciate your report.

Report

Fill up form below please

🚀 Algoine is in Public Beta! 🌐 We're working hard to perfect the platform, but please note that unforeseen glitches may arise during the testing stages. Your understanding and patience are appreciated. Explore at your own risk, and thank you for being part of our journey to redefine the Algo-Trading! 💡 #AlgoineBetaLaunch