Bitcoin News and Finance
Infinity8.io and Sacha Jafri Make NFT History at amFAR 2021 Skip to main content

Infinity8.io and Sacha Jafri Make NFT History at amFAR 2021

As cameras flashed at tonight’s 27th amFAR gala at the Cannes film festival in the south of France, one-star continued to shine, the world’s second highest-selling living artist, Sacha Jafri. The lavish gala celebrated its 27th edition with host Sharon Stone as Alicia Keys gave a dazzling performance in a continued effort to raise money for AIDS returned.

One of the most anticipated nights of the festival, the 27th edition was a smaller, more intimate affair than previous years, with the exclusive guest-list slimmed down from 900 to 400 people with COVID-19 protocols in place.

After the performance, came Sacha’s live painting and a presale of his open edition NFT. As some buyers left to head back to their penthouse suite, the auction kicked off what would be the grand finale of the event. Even though some had already left, with less than 5 minutes to go Sacha alongside Billionaire philanthropist Javed Fiyaz, co-founder of Infinity8.io, sold just over 1,500 units for a total of 750,000 euros ($950,000.) in less than one minute.

Tech Entrepreneur and Crypto investor Scott Fletcher did not just purchase all 1,500 editions, but also took the winning bid for the artist’s live painting for over 1,000,000 euros. In total, Sacha raised over 1.75M euros, with 100% of the proceeds from the NFT sale and physical print going to Aids and Covid 19 research.

What is interesting to note is the NFT sale, which in collaboration with Javed Fiyaz and his charity focused NFT platform, infinity8.io, outsold an Andy Warhol Mickey Mouse piece which raised 375,000 euros ($442,702), a Chopard 18-karat white gold diamond, and a Michael Kagan Astronaut that sold for 400,000 euros ($472,215.60). Not only did Sacha take home the number one slot for the amount raised, but this open edition NFT was just the pre-sale.

What is set to be one of the biggest NFT launches this year, Fans of the artist will have the opportunity to get their hands on one starting July 22nd to Monday the 27th. The price will start at 635.30 Euro for the first 30 minutes, 1,000 euros per unit after the first hour, and continue to increase regularly until the end of the auction.

About Infinity8

Infinity8.io is the first-ever Philanthropic NFT Marketplace, creating a bridge between fine art and digital art, by supporting great masters as well as showcasing up-and-coming talent.

Instagram

This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Post a Comment
Read more
Blogarama - Blog Directory