Web3 allows the fluid collaboration between artists and collectors to get funds where they are most needed, the project description reads. The NFT collection contains artworks of 37 artists, of whom some are from Ukraine. The NFTs quickly sold out, raising over a million dollars in 30 seconds. Thirty-seven artworks contained 200 editions, each costing 0.05 ETH; thus, the auction raised 370 ETH in total. The secondary sale is currently available on OpenSea.
The founder of the initiative, NFT advocate Andrew Wang promised to provide detailed information on the fund transfer.
During the sale, Reli3f trended #1 on the OpenSea NFT marketplace.
UkraineDAO has also been successful in raising funds for Ukraine. 1,000 ETH was donated in 24 hours, and the DAO has currently raised almost $4 million.
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Source: Cryptocurrency - investing.com
