3 embroidery artists weave NFT charity drop to assist victims of human trafficking
Three embroidery artists — Russia’s Katerina Marchenko, Brazil’s Aline Brant and Ninni Luhtasaari of Finland — introduced Thursday that they are going to be auctioning their nonfungible token (NFT) artwork items to help Hope for the Future (HFTF), a registered charity based mostly in Austria. Proceeds from the public sale will assist victims of human trafficking discover entry-level work positions after their harrowing experiences.
The NFT sale will happen on Orica between Dec. 27–30, with each bit having a flooring worth of $500. The public sale’s purpose is to lift $10,000 for the employment program.
“Even when one offers survivors the possibility to get out, they are mostly very traumatized by their experiences, they have little knowledge of the local language, and they must first become integrated step-by-step into normal life,” mentioned Hope For the Future founder Andrea Staudenherz, including:
“Incredibly, these renowned embroidery artists can now support our charity’s work via Orica at different sides of the world. These NFTs are giving us the hope that we could fund five days a week of training in 2022. Our current budget only stretches to four.”
Marchenko, who has over 400,000 followers on Instagram, added: “I’d followed this year’s excitement about NFTs but needed a reason bigger than being in it for the money. When Orica told me about Hope for the Future’s campaign, it became that bigger reason for me. I’m excited to auction my artwork for such an important cause.”
The intersection between philanthropic ventures and NFTs has been developing rapidly this year. In one example, Orica partnered with registered Austrian charity Bbanga Project and German digital artist Mellowmann to host an NFT drop, with proceeds going to the construction of a school in Uganda. In the United States, the Internal Revenue Service permits good Samaritans to write off their crypto or NFT proceed donations against their ordinary income, thereby saving ample tax dollars while simultaneously donating to good causes.