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Crypto Luminaries Auction NFT 'Art' for Charity
Vitalik Buterin's quadratic funding notes raised 40 ETH for an open-source grant program. He and others are auctioning off NFTs on Cryptograph for charity.
Oleh Leigh Cuen
British startup Cryptograph launched this summer with its first round of auctions, raising more than $50,000 so far, with two days still to go.
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- Prominent crypto developers and entrepreneurs including Gitcoin CEO Kevin Owocki, ShapeShift CEO Erik Voorhees and Parity co-founder Jutta Steiner auctioned digital autographs and notes related to their work. The digital doodles are used to generate non-fungible tokens (NFTs).
- The top earners so far include Ethereum creator Vitalik Buterin (whose notes sold for 77.35 ether , or roughly $18,719), Ethereum Foundation researcher Vlad Zamfir (25 ETH, roughly $6,050) and Tezos co-founder Kathleen Breitman (5 ETH, roughly $1,204).
- According to Buterin’s auction page, the autographed NFT includes his own “hand-drawn representation of this groundbreaking Quadratic Funding formula.” The bid for his digital autograph will go towards Gitcoin’s open-source grant programs.
- Ownership of the autographs, displayed in a virtual gallery, is publicly verifiable. Plus, contributors will be able to distribute funds across multiple charities.
New week, new #Cryptographs. Who's are you most excited to see?
— Cryptograph (@cryptograph) July 13, 2020
Tuesday July 14th
🕔@Owocki
🕕@Runekek
🕖@MVparadigm
Thursday July 16th
🕔@DavidArquette
🕕@MarkAnthonyCue
Saturday July 18th
🕔@GregorySiff
🕕@BrittneyPalmer pic.twitter.com/6gxnaoBnqF
Read more: Devcon Shows Ethereum’s ‘World Computer’ Is a Movement, Not a Product
Correction (July 14, 21:08 UTC): Vitalik Buterin's notes raised 77.35 ETH, not 40 ETH as was previously reported.
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