A non-fungible token (NFT) painting by a 14 year-old art prodigy has fetched nearly $23,000 at auction. The artist has since donated those proceeds to students impacted by the COVID-19 pandemic.
Painter Xeo Chu from Vietnam raised more than 500 million Vietnamese dong (VND) after auctioning his painting The Lucky Apricot Blossoms on Binance. According to reports, the work sold for 22,899 Binance USD (BUSD).
The proceeds were raised to aid college students that the COVID-19 pandemic left disadvantaged. More specifically, the artist donated 20 laptops, as well as ten scholarships, to senior students. Xeo Chu made these donations via the non-profit organization VietSeeds, whose mission statement revolves around giving equal access to college education in Vietnam.