With a bid of USD 900,000, the European crypto exchange WhiteBit has won the non-fungible token (NFT) and the crystal trophy auctioned by Kalush Orchestra, the winners of the Eurovision Song Contest 2022.

“We have no words, but we have [USD] 900 000 for support of Ukraine! Auction is closed, crystal trophy of the Eurovision 2022 go to Whitebit,” the official Twitter account of Ukraine’s recently opened ‘NFT museum’ Meta History said. The winner gets both the NFT, featuring a microphone, and the physical crystal microphone.

As reported, the band had pledged to use the proceeds from the sale of the NFT to support Ukraine’s national defense against the Russian invasion. The money will be sent to the Charitable Foundation of Serhiy Prytula.

The auction started on May 25 at Meta History and lasted for three days. Participants had the option to offer bids in both crypto and fiat currency, with fiat bids directed via Ukraine’s virtual bank Monobank.

Besides the NFT, which features a microphone and Kalush Orchestra, the winner will also get the chance to attend “an exclusive meeting and dinner” with members of Kalush Orchestra, as well as an opportunity to receive the physical object, the Crystal Microphone.

“The raffle initiative is supported by the Ministry of Culture and Information Policy, the Ministry of Digital Transformation of Ukraine, and the European Broadcasting Union (EBU), the association of broadcasters that organizes the international Eurovision Song Contest,” the group said in the announcement.

Source: Cryptonews

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