Trippy Bunny NFT, a new Solana-based nonfungible token project, has announced that it will donate 100% of its mint sale proceeds to the American Foundation for Suicide Prevention.
The announcement was made on Suicide Prevention Day, a global awareness event held on September 10th. The International Association for Suciide Prevention established the annual awareness day in 2003. It is now backed by the World Health Organization and the World Federation for Mental Health.
According to United for Global Mental Health, an international foundation promoting mental health, 700,000 people die by suicide globally each year. Suicide was estimated to be responsible for more than one out of every 100 deaths worldwide in 2019.
The mint proceeds for Trippy Bunny were collected in Gemini dollars (GUSD) and totaled $220,886. The entire sum will be donated to the American Foundation for Suicide Prevention. The transaction hash identification was published by the project and appeared on Etherscan.
Trippy Bunny issued 1,111 NFTs on September 10th, with each collectible valued at 1.11 SOL. SOL is worth just under $189 at the time of writing.
The Giving Block, a cryptocurrency donations platform that has launched several initiatives to increase charitable contributions from the blockchain industry, facilitated the GUSD token transfer. Leading industry veterans such as Ryan Selkis, Dan Matuszewski, Qiao Wang, and Haseeb Qureshi contributed to the company’s latest initiative, dubbed Crypto Giving Pledge.
Millions of dollars have been donated to charitable organizations by the cryptocurrency industry, demonstrating its generosity. Munch and Elongate, two crypto projects, raised over $3 million for various nonprofit organizations in May of this year. Several major nonprofits have also begun accepting cryptocurrency donations, including the American Cancer Society, which announced in January that it had established a $1 million Cancer Crypto Fund to expand its capacity to accept donations.