Reli3f is an initiative initiated by the artists to provide through telling of stories in testing times. On Thursday, it released its second NFT (non-fungible token) collection and collected funds worth more than $300,000 for recognized charities in Ukraine, amounting to a total of over $1.5 million.
The humanitarian fund Reli3f was founded by various prestigious entrepreneurs – namely, Andrew Wang, Giovanni Gussen, developer SignorCrypto, Aleksandra Artamonovskaja, and Satvik Sethi, in late February of this year.
Reli3f has brought together the talent of 62 artists worldwide, demonstrating the immense potential NFTs have and their utility in tough times for help.
The team decided to divide the fund raised from the first collection among various enterprises, including lending out 46.25 ETH each to Serhiy Prytula Foundation, Valery Sozanovsky Headquarters, Razom Ukraine, and CEO Club, verified through Gnosis multi-sig wallet.
Outright Action International and Web3 were rewarded with an additional 40 ETH for Africans in Ukraine through the royalties fund.
Continuing the cultural spirit started from their first collection, which got praise from the co-founder of Cool Cats and renowned artist fvckrender, Clon, and Danny Cole, creator of creature world, the team again showed their commitment to support important causes with the launch of their second series.
Aleksandra Artamonovskaja, a member of the Reli3f team, along with music icon Sia under her alias Bianca ‘de Medici, Danny Casale, the creator of the Coolman Universe, among others got featured on Drop 2.
Sethi revealed that just five among thirty-seven featured in the debut collection decided to keep their revenue royalties, either to improve their situations or to transfer their funds to their close people in Ukraine.
The rest of the funds were distributed to the charitable treasury, a tradition that continued in the second collection.
Different artistic multitude could be seen in Drop 2, be it Den Didenko’s ‘Ray of freedom out of darkness,’ a photograph portraying a righteous protestor during the Maidan Revolution in Ukraine in Feb 2014, Gavin Li’s ‘Motherland,’ a generative algorithmic piece based upon the unique hash seed of the artist, or a visually playful, thematically intricate wimmelbilderbuch as seen in Sergius’ ‘Revelation.’
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Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.
Source: https://www.thecoinrepublic.com/2022/04/17/humanitarian-web3-initiative-reli3f-collects-funds-over-300000-for-ukrainian-charities/