Edward Snowden’s Charity Auction of ‘Stay Free’ NFT Sold for Nearly $5.5 Million

Edward Snowden’s Charity Auction of ‘Stay Free’ NFT Sold for Nearly $5.5 Million

Bitcoin supporter Edward Snowden, who is the president of Freedom of Press, held a charity NFT auction this week which was concluded late on Friday.

The digital artwork called “Stay Free” (Edward Snowden, 2021) was sold for 2,224 ETH, worth $5,384,548.64 to an anonymous PleasrDAO.

PleasrDAO, a decentralized autonomous organization (DAO) formed just a few weeks ago, was also the one that bought the Uniswap v3 launch video NFT for about $500k.

Now, it owns the unique, signed digital artwork that combines the entirety of a landmark court decision ruling the National Security Agency’s mass surveillance violated the law, with the iconic portrait of the whistleblower by Platon. It is the only known NFT produced by Snowden.

The auction of the non-fungible token was done by the NSA whistleblower Snowden on behalf of the non-profit organization Freedom of the Press Foundation, where he has been serving as president of the board of directors since 2016.

Snowden has been a vocal advocate for Bitcoin and cryptocurrencies to secure journalists, readers, and members of the general public. Snowden said,

“Emerging applications of cryptography can play an important role in supporting our rights. This auction will drive the development of valuable and privacy-protecting uses of encryption, to safeguard press freedom and serve the public.”

100% of the auction proceeds will be used to develop and improve technology that can protect journalists and their sources, like their open-source whistleblower submission system SecureDrop, said Trevor Timm, executive director of the organization.

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Author: AnTy

Binance Charity Foundation Signs MoU With Ugandan NGO Safe Future for Local Education Benefits

Binance Charity Foundation Signs MoU With Ugandan NGO Safe Future for Local Education Benefits

The charity branch of the most important crypto exchange in the world, Binance Charity Foundation, has recently decided to sign a Memorandum of Understanding (MoU) with a non-governmental organization (NGO) based in Uganda named Safe Future. The NGO is focused on improving the local education in the country.

This new partnership was originally announced yesterday on the Binance blog after the document was signed. The partnership will be a part of the Binance for Children Special Impact Education Project Uganda.

By uniting with local companies, the idea of this project is that the funds raised by the crypto exchange will be used in order to buy and install several upgrades to the schools such as sanitary pads, LED screens, solar panels, school supplies and food to be used in launch and breakfast for the students.

The money to buy the goods will be the responsibility of the exchange and the local NGO will oversee how the money will actually be spent locally for the schools that need it the most.

Safe Future’s CEO Mula Anthony has affirmed that over 100,000 students will have their lives improved by being a part of this project, which is set to be made in at least 160 schools of the country.

According to Anthony, the project is already underway at the moment. He has spoken about it on social media and affirmed that the people from the NGO have already started the installation of lightning kits on two schools based on the region of Kampala so far.

Soon, it is expected that the project will move forward and all the 160 schools will eventually receive the material, so the signing of the MoU was a huge first step in order to turn this into a reality.

About The Binance Charity Foundation

The Binance Charity Foundation is a charity organization that was created by Changpeng Zhao, the CEO of Binance, last year. The goal is to use the money from donors in order to help especially children in poor countries.

In the future, the main goal is to be able to help at least one million students in African countries such as Uganda, Kenya, Rwanda and Ethiopia.

Before now, the foundation was already engaged in the Launch for Children project. This project had the goal of providing breakfast and lunch for kids at school in the Kampala region. At the time of this report, 10 schools from Kampala and Jinja are already participating in the project.

During April, the foundation also opened a channel that would be used in order to donate money to the reconstruction of the Notre Dame cathedral. As you may have seen on social media, the famous cathedral was severely burned after a fire started there and the fireman had difficulties to stop it quickly.

The program was called Rebuild Notre Dame and it received money via crypto donations with Bitcoin, Ethereum and Binance Coin.

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Author: Gabriel M