Europe’s largest cryptocurrency exchange, WhiteBIT, bought this year’s Eurovision crystal mic trophy from Kalush Orchestra, the Ukrainian rap-folk band that won the competition. The auction was aimed at helping meet the needs of the Armed Forces of Ukraine.
The auction for the crystal microphone was held on the MetaHistory platform. The Eurovision-2022 crystal microphone was sold for $900,000, with the proceeds to be donated to the charity fund created by showman and volunteer Serhiy Prytula. The funds will be forwarded for purchasing an aerial complex of PD-2 drones for the Ukrainian army.
“WhiteBIT is grateful to the global community for supporting our country during this difficult time. As Ukrainians, we want our Western partners to know that Ukrainian businesses and entrepreneurs are also investing all their resources to maintain the fighting ability of our brave soldiers,” shares Volodymyr Nosov, CEO of WhiteBIT in a statement.
“The decision to donate in this auction, organised by the Kalush Orchestra, was completely conscious and thought-through. Indeed, $900,000, even for a crystal microphone, is a lot. But $900,000 to help the Armed Forces is only a small portion of the full contribution of all Ukrainians towards our common victory.”
Overall, WhiteBIT has systematically contributed to Ukraine’s victory for more than three months. Since the beginning of the large-scale invasion, the cryptocurrency exchange has donated $4 million to help Ukrainians affected by the war.