As cameras flashed at the 27th amFAR celebration at the Cannes Film Festival 2021 in the south of France, one star sparkled splendidly: Sacha Jafri, the world's subsequent top of the line living artist ever. The extravagant affair commended its 27th version with Sharon Stone as host, and Alicia Keys delivered a dazzling performance in a continued effort raise funds for the AIDS research.
The 27th edition of one of the festival’s most awaited evenings was a more modest, more private undertaking than earlier years, with the selective list of attendees decreased from 900 to 400 individuals due to COVID-19 active protocol.
Sacha's live painting and a presale of his open edition NFT followed soon after the performance. As certain purchasers passed on to get back to their penthouse suites, the auction started what might be the occasion's grand finale. In spite some of the potential buyers left the gathering, Sacha, alongside Billionaire altruist Javed Fiyaz, co-founder of Infinity8.io, sold over 1,500 units of the NFTs for an aggregate of 750,000 euros ($950,000) in under one minute.
Scott Fletcher, a tech business person and cryptocurrency investor, purchased the 1,500 editions of the NFT, yet in addition also won the auction for the Sacha's live painting for over 1,000,000 euros. Sacha raised over 1.75 million euros altogether, with 100% of the returns from the NFT sale and the auction money of painting going to AIDS and COVID-19 research.
The NFT sale, which was done in collaboration with Javed Fiyaz and his charity-focused NFT platform, infinity8.io, surpassed an Andy Warhol Mickey Mouse piece, which raised 375,000 euros ($442,702), a Chopard 18-karat white gold diamond, and a Michael Kagan Astronaut, which sold for 400,000 euros ($472,215.60). In addition to the fact that Sacha took the best position for raising these funds for the cause, yet this open edition of the NFT was just the pre-launch.
Aficionados of the artist will get the opportunity to get their hands on this open version NFT from the 22nd July to Monday the 27th. This will be one of the greatest launches of NFT this year, which will done through the Infinity8.ioMarketplace. The cost of a single unit for the NFT starts at EUR 635.30 per unit in the initial 30 minutes and will increment to EUR 1,000 each in 1 hour. The price of the NFT will keep on increasing until the finish of the closeout of the listing.
About Infinity8
Infinity8.io is the first-ever Philanthropic NFT marketplace to build a bridge between fine art and digital art and this will support great masters and will also promote new talents.