March 27, 2024
Renowned NFT artist Trevor Jones raises £114,000 for cancer treatment
Latest Cryptocurrency News

Crypto Artist Raises Record Donation for Cancer Treatment at Edinburgh Art Event

An NFT artist generated nearly $140,000 (equivalent to 114,000 British pounds) in support of cancer treatment through an art event in Edinburgh, Scotland.

Trevor Jones, a renowned crypto artist hailing from Scotland, contributed 114,000 pounds to Maggie’s Edinburgh, an institution devoted to providing free cancer treatment. He raised these funds during a charitable exhibition and auction held at the annual Web3 Castle Party near Paris.

Maggie’s Edinburgh Fundraising acknowledged that Jones’s contribution represented the highest single donation ever recorded in the 27-year history of the Edinburgh Center. A spokesperson for Maggie’s Edinburgh credited the success to the unwavering support and enthusiasm of the NFT art community. The total funds raised from this event will be utilized to assist 4,000 individuals affected by cancer and local residents in need of crucial support.

The exhibition, which took place at Château de Vallery near Paris, featured participation from 30 artists. Jones commented on the event, saying that the funds raised by NFT artists will have a significant impact and will be directed towards supporting services for those affected by a cancer diagnosis, including patients and their families. He says that it’s a beautiful way to honor a beloved artist who was also affected by this disease.

Since NFTs gained widespread recognition in 2021, this sub-ecosystem has enabled the community to contribute to numerous philanthropic endeavors. From aiding mental health initiatives and assisting war victims to supporting the initiatives of the United Nations Children’s Fund (UNICEF), NFT and cryptocurrency investors have played a vital role in supporting global society.

Additionally, the United States Federal Election Commission granted approval for the use of NFTs as incentives for campaign fundraising last year. Notably, major brands like Coca-Cola and organizations like the Singapore Red Cross, as well as governmental bodies, have previously embraced NFT and cryptocurrency donations to fuel a variety of philanthropic initiatives.

Image by freepik

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