Justin Sun donates $6 million Beeple’s painting to RACA Foundation
On Oct 17, Justin Sun has announced a $6 million USD donation to RACA Foundation, another big announcement following his new position as Huobi Global advisor a week ago.
H.E. Justin Sun, Tron founder and entrepreneur, has posted a tweet on Twitter of a Beeple’s “Ocean Front” artwork donation to RACA Foundation. This donation indicates a strategic partnership between Justin and RACA. Justin has also stated to host a firechat panel with RACA Foundation’s co-founders ‘Unforgettable’ RIAA Diamond rapper French Montana and Dr. Watney.
The donation, “Ocean Front” by Beeple, is the World’s Most Expensive NFTs Ever Sold Top 10, and was one of Justin’s premium art collections from auction with the winning bid of $6 million USD in 2021. The artist Beeple (Mike Winkelmann) is a digital artist who created the most expensive NFT “Everydays: The First 5000 Days” at Christie’s auction.
The art piece “Ocean Front” was painted to raise funds for climate change, which is now donated to RACA Foundation, who has recently announced a long-term sustainability project to help environment and climate change through blockchain, NFT, and Web3 innovative solutions with NASA and NOAA scientists. It is a ‘passing the torch’ on the message of creating good cause and being the pioneer in web3.
French Montana, the Moroccan-American rapper who is also the co-founder of raca3.com (USM.World), has interacted with H.E. Justin Sun about the painting and panel the following day.
RACA Foundation, formed by RACA3.com (USM.World), is a web3.0 infrastructure solution provider with over 665k followers. It is set to explore a deeper and innovative partnership with Justin Sun which both have stated “…so much to explore” on social media. Together with Justin Sun and RACA Foundation, will join forces to “bring change in web3” and continue “to inspire”.
PW (known as @WongWangWung), Chief Brand Officer at RACA Foundation, says “the donation is a recognition and acknowledgment to our Foundation. The partnership will kick off by curating a series of programs to support web3 talents and artists, to set a democratic gateway for all to achieve greatness at all levels”.
