This is called Blue Morpho and Owl Butterfly. ‘Video of these two beautiful species taken at the Gainesville Butterfly Rain Forest’.
From Wildlife Extra:
New butterfly discovered in Mexico, naming rights being auctioned
October 2007. University of Florida researchers George Austin and Andrew Warren discovered the new species of owl butterfly earlier this year. The discovery is significant because the species is large and colourful, and is the first butterfly from this group to be discovered in more than 100 years. Most newly discovered species are small and unremarkable because the more noticeable ones were discovered long ago.
‘It is extraordinarily uncommon for such a large, showy butterfly to have escaped detection until now,’ said Warren, a post-doctoral associate at the Florida Museum’s McGuire Centre for Lepidoptera and Biodiversity. ‘This will probably be one of the last times such a large and beautiful butterfly is named.’
‘We realized this striking discovery represents an exceptional opportunity to raise funds for continued research on Mexican butterflies, by allowing rights to the species-level name to be auctioned,’ said Austin, who is the McGuire Center collections manager.
Naming rights auction
In an apparent first for butterflies, the Florida Museum of Natural History will auction the naming rights for a newly discovered species online to raise money for butterfly research. In what is believed to be the first time naming rights for a new butterfly species have been auctioned online in North America, the winning bidder will determine the species name following the public auction at iGavel.com, which ends on Nov. 2. …
The new owl species belongs to the Opsiphanes group. It has a wingspan of about 4 inches and a beautiful orange color, and lives in the Sonoran Desert in north-western Mexico. …
The naming rights to other animal species have been successfully auctioned. In 2005, the Wildlife Conservation Society auctioned the rights to name a new species of monkey discovered in Bolivia for $650,000.
In September, an auction of rights to name 10 newly discovered fish species raised more than $2 million for conservation efforts in eastern Indonesia, setting a record for this type of event. Prices for the naming rights ranged from $500,000 for a Hemiscyllium shark from Cendrawasih Bay to $50,000 for the Pseudanthias fairy basslet.