First Excel NFTs include renderings of Ukraine's Zelensky
All proceeds from the first-ever Microsoft Excel NFTs will go to the victims of the ongoing Russian invasion of Ukraine.
The first-ever Microsoft Excel NFTs have gone on sale on Sunday, some depicting images from the Russian invasion of Ukraine, as well as renderings of Ukrainian President Volodymyr Zelensky.
All proceeds from the sales of the NFTs will go to the victims of the Ukraine-Russia War, with each one being sold for $2,000, which is equivalent to 1 ETH (Ethereum cryptocurrency).
The NFTs themselves are an art collection that was created in the Excel computer program by artist Saif Ali, who created five pieces, and then uploaded the XLS files to OpenSea, the largest web marketplace for NFTs, on the Israeli financial planning and analysis platform DataRails.
XLS files are usually the default format for Excel spreadsheets. Therefore, this is the first time that these files are available in an NFT collection.
“Excel is the canvas used by anyone in finance to create ideas, innovation and financial models. In this experiment we took this concept a step further,” said Didi Gurfinkel, co-founder and CEO of DataRails. “Excel has literally been used as a palette to produce a one-of-a-kind experience for CryptoArt and spreadsheet enthusiasts to own.”
As a platform, DataRails automates data consolidation, reporting and planning.