Trippy Bunny NFT donates 100% of mint proceeds to suicide prevention foundation

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Trippy Bunny NFT, a brand new nonfungible token venture constructed on Solana, has introduced that it’s donating all of its mint sale proceeds to the American Foundation for Suicide Prevention.

The announcement was made on Suicide Prevention Day, a world consciousness occasion noticed globally on Sept. 10. The annual consciousness day was first organized in 2003 by the International Association for Suciide Prevention. Today, it has the help of the World Health Organization and the World Federation for Mental Health.

Globally, it’s estimated that 700,000 individuals die by suicide yearly, in accordance with United for Global Mental Health, a global basis selling psychological well being, In 2019, it was estimated that multiple in each 100 deaths globally was attributable to suicide.

Trippy Bunny’s mint proceeds had been collected by way of Gemini {dollars} (GUSD) and totaled $220,886. The complete quantity will go in direction of the American Foundation for Suicide Prevention. The venture revealed the transaction hash identification, which appeared on Etherscan.

Trippy Bunny minted 1,111 NFTs on Sept. 10 and every collectible was valued at 1.11 SOL. At the time of writing, SOL is valued slightly below $189, in accordance with Cointelegraph Markets Pro.

The GUSD token switch was facilitated by The Giving Block, a cryptocurrency donations platform that has launched a number of initiatives to extend charitable contributions from the blockchain trade. The firm’s newest initiative, dubbed Crypto Giving Pledge, noticed contributions from main trade veterans together with Ryan Selkis, Dan Matuszewski, Qiao Wang and Haseeb Qureshi.

Related: Cryptocurrency can really make a distinction by serving to individuals

The cryptocurrency trade has demonstrated its generosity by contributing hundreds of thousands of {dollars} to charitable organizations. In May of this yr, crypto tasks Munch and Elongate collectively raised over $3 million for varied nonprofit organizations. Several main nonprofits have additionally begun accepting contributions in cryptocurrency, together with the American Cancer Society, which in January introduced that it had established a $1 million Cancer Crypto Fund to extend its capability to simply accept donations.