Eurovision Trophy Sold In Crypto To Help Ukraine

Eurovision winner auctioned their trophy in crypto

Kalush Orchestra, the Ukrainian folk band who won Eurovision competition, auctioned their trophy for 500 ETH, nearly $900,000.

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The proceeds from the auction will be used to buy drones for Ukraine.

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The Tallinn, Estonia-based company made a winning bit for 500 ethereum for the Eurovision trophy.

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Kalush’s frontman’s pink hat also attracted a bid of $370,000 from a private buyer in the Czech Republic.

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The folk band said that the money would go towards buying three drones and a control center for the needs of the Ukrainian forces.

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Eurovision contest has been taking place since 1956.

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This was the first time an Eurovision winner sold their trophy.

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