Three embroiderers – Russia’s Katerina Marchenko, Brazilian Aline Brant and Finland’s Ninni Luhtasaari – announced Thursday that they will auction their non-fungible token (NFT) art pieces to support Hope for the Future (HFTF), a registered charity based in Austria. The proceeds from the auction will help victims of human trafficking find entry-level jobs after their distressing experiences.
The NFT sale will take place on Orica between December 27 and 30, with each coin having a floor price of $ 500. The goal of the auction is to raise $ 10,000 for the employment program.
“Even when survivors are offered the opportunity to come out, most of them are very traumatized by their experiences, they have little knowledge of the local language, and they have to gradually integrate into normal life first.” Hope For the future founder Andrea Staudenherz said, adding:
“Incredibly, these renowned embroidery artists can now support the work of our charity through Orica on different sides of the world. These NFTs give us hope that we could fund five days a week of training in 2022. Our current budget is only four. “
Marchenko, who has over 400,000 Instagram followers, added: “I had been following this year’s enthusiasm for NFTs, but needed a bigger reason than being there for the money. . When Orica told me about the Hope for the Future campaign, it became even more important to me. I am delighted to be auctioning my work for such an important cause. “
Related: Moon Landing initiative brings neurodiversity to NFTs and supports artistic associations
The intersection between philanthropic companies and NFTs has grown rapidly this year. In one example, Orica partnered with Austrian charity Bbanga Project and German digital artist Mellowmann to organize an NFT repository, with the proceeds going to build a school in Uganda. In the United States, the Internal Revenue Service allows Good Samaritans to deduct their donations of crypto or NFT from their regular income, thus saving many taxes while donating to good causes.