Do you want to become the world’s first ‘founding crypto-philanthropist’?
UK COVID-19 charity covid:aid is auctioning an NFT online which will see the winning bidder credited as the world’s first Charity Founding Crypto-Philanthropist.
The cryptocurrency craze has hit a peak in recent weeks, with the value of cryptocurrency exchange Coinbase hitting almost $100 bn soon after trading. Recently an art NFT sold for a record £69m, Twitter founder and CEO Jack Dorsey sold his first Tweet for more than £2.9m, and an NFT of a New York Times article fetched $560,000.
With these huge figures in mind, how much can – and should – this historic charity NFT be worth?
The auction will run for 24 hours once the minimum bid is received. All money raised will go towards funding covid:aid, which will plough this initial investment into building life-changing services.
Though other NFTs have been sold with proceeds going to nonprofit organisations, this is the first NFT that has been created and auctioned by a charity, and which will be directly credited as part of its founding.
This auction is for an NFT containing covid:aid’s first logo, designed by James RE Boynton. It is taking place on Foundation, one of the most popular platforms for NFT auctions.
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