A portion of Sotheby’s proceeds from the sale will be donated to the Sevens Foundation, a nonprofit focused on evangelizing digital artists and empowering young talent to create with new paradigm shifting mediums, such as NFTs. Alongside Sotheby’s efforts, the artists of Natively Digital will donate a portion of their profits to charitable organizations benefitting crypto artists, such as the Mint Fund, a resource for crypto artists outside of the US and EU to offset the costs associated with creating NFT art. Sotheby’s will also engage in a carbon offset study with Regen Network, a blockchain based carbon offset platform, to accurately offset the minting and transaction costs of the sale.