Follow Us

Bored Ape #7851 Finally Sold for $330K: Why did Necaxa sell this NFT?

Share on facebook
Share on twitter
Share on linkedin

Share

bored ape
Share on facebook
Share on twitter
Share on linkedin
  • BAYC NFT #7851 got sold soon after the announcement by Necaxa, the Mexican club for $330k. 
  • Necaxa is the only Mexican club to donate monetarily for the support of Ukraine, as all the proceeds would go to the country’s charities. 
  • Franklin, the private collector who already owns 40 NFTs of BAYC, further resold the NFT piece for more than $330k. 

Last week, Necaxa, a Mexican soccer club, announced that it is hoping to raise $300,000 by auctioning its Bored Ape Yacht Club NFT.

The club further expressed its willingness to donate to Ukraine following Russia’s invasion of Ukraine. The Mexican club announced the sale via its Twitter account highlighting, there is no better time to show the spirit of the Bored Ape Yacht Club community than by coming together for an important cause. And that is why they are auctioning off their Bored Ape and donating all of the proceeds to support Ukraine. 

Notably, Necaxa is the sole Mexican club that has shown monetary solidarity towards the invaded country. 

The BAYC NFT with the token id 7851, got sold for $330k to a private collector, and 100% of the proceeds went to the charities in Ukraine. Furthermore, this collector resold the NFT after twenty-four hours for $345k. 

The #7581 BAYC got sold within a couple of days after the announcement by Club Necaxa. 

ALSO READ – Malaysian government proposes Bitcoin as a legal tender 

The Club highlighted that the new owner of the NFT was a collector asking to be called Franklin, who already owns 40 NFTs from the Bored Ape Yacht Club. 

Al Tylis, the owner of Necaxa, signified that he hoped to grab the attention of other sports teams to support Ukraine. Further highlights that sports teams have a distinct way of bringing people together and that he thinks, they have a moral obligation to stand in solidarity with the Ukrainian people as well as use their significant financial and other resources to help them. 

The charities that would receive the proceeds from the sale are, Save the children, Voices of Children, World Central Kitchen, Americares and Cares,

The crypto industry is playing a considerable role in the situation of geopolitical crises, with Ukraine already receiving massive donations in cryptocurrencies, even concepts like Non-Fungible Tokens (NFTs) are so helpful.  

Leave a Reply

Your email address will not be published. Required fields are marked *

Download our App for getting faster updates at your fingertips.

en_badge_web_generic.b07819ff-300x116-1

We Recommend

Top Rated Cryptocurrency Exchange

-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00