NFT Philanthropy

 Wilson said that NFT philanthropy started taking off about six months ago, noting that The Giving Block has already seen over $12 million in cryptocurrency, or 30% of its donation volume, come from NFT-giving initiatives:

“In most cases, creators are selling their NFTs and then have a portion (or all) of the proceeds donated to their favorite crypto-friendly charity. Since most NFTs are sold for ETH, many of the NFT-related donations have also come in the form of Ethereum.” ~ Alex Wilson, co-founder of The Giving Block

International Women's Day

“On March 8, 2022, which is International Women’s Day, we will have an NFT gallery where people can purchase artwork NFTs with their tokens. Proceeds from each sale will be donated to participating charities on our platform. For instance, a minimum of 25% of NFT sales will be given to The State of Women Institute, a 501 (c)(3) nonprofit organization championing the stories and issues faced by young women and girls.”

“The main thing we want to spotlight is divine feminism in all forms. For instance, one of the NFTs that will be featured in our gallery was created by an eight-year-old girl who wanted to have 50% of proceeds donated to refugees.” ~ Anu Bhardwaj, founder of Sheqonomi

UNICEF

In order to commemorate UNICEF’s 75th anniversary, the agency launched 1,000 NFTs to support digital connectivity among schools in underserved communities. UNICEF partnered with data visualization scientist and artist Nadieh Bremer to create the collection “Patchwork Kingdoms.”

Chris Fabian, co-founder and lead at Giga — UNICEF’s global school internet connectivity initiative — told Cointelegraph that all of the proceeds from UNICEF’s NFT sale went back to support Giga:

"The entire sale generated 235 ETH worth of revenue. Through the minting of the NFTs alone, we raised 175 ETH. We then had an in-person auction for one unique piece that sold for 40.9 ETH. Finally, royalties from OpenSea allowed us to receive 20% back from secondary sales, where we’ve generated 20 ETH. In total, we’ve raised 235 ETH, all of which was given back to UNICEF.”


https://cointelegraph.com/news/nft-philanthropy-demonstrates-new-ways-of-giving-back

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