Catarina has stated she would donate most of the proceeds to charity

Oct 25, 2012 08:36 GMT  ·  By
Catarina Migliorini and Alex Stepanov have both sold their virginity in a publicized auction
   Catarina Migliorini and Alex Stepanov have both sold their virginity in a publicized auction

20-year-old student Catarina Migliorini from Brasil has auctioned off her virginity for $780,000 (€600,000) on the VirginsWanted website. The winning bid was put forward by a man from Japan who uses the alias Natsu.

The website was started by documentary maker Justin Sisely, promoting his upcoming movie, Virgins Wanted. The movie is set to chronicle young men and women's issues with becoming adults, in more ways than one.

Male virgin Alex Stepanov has also put up his virtue for auction, but couldn't manage to get a bid higher than $3,000 (€ 2,300). Both him and the young woman stand to earn $20,000 (€15,000) and 90% of total earnings from the sale, for their contribution to the project.

In the past, Catarina has stated she would donate most of the proceeds from the auction to a non-governmental organization that offers modern housing to impoverished families, a claim that was refuted by movie director Justin Sisely.