Charities wade into NFT craze with mixed financial results

Charities wade into NFT craze with mixed financial results

2 years ago
Anonymous $FNmJglWnLu

https://apnews.com/7741a0266f9c0ff2bb8464d5481af1b3

On GivingTuesday, officials at New Jersey-based health care charity Sostento learned they would receive a donation of roughly $58,000 by the end of the week.

The donation was unlike any the nonprofit had received before. It was derived from the proceeds of the sale of a nonfungible token, or NFT, for a digital artwork called “The NFT Guild Philanthropist — Healthcare Heroes.”

Charities wade into NFT craze with mixed financial results

Dec 29, 2021, 4:38pm UTC
https://apnews.com/7741a0266f9c0ff2bb8464d5481af1b3 > On GivingTuesday, officials at New Jersey-based health care charity Sostento learned they would receive a donation of roughly $58,000 by the end of the week. > The donation was unlike any the nonprofit had received before. It was derived from the proceeds of the sale of a nonfungible token, or NFT, for a digital artwork called “The NFT Guild Philanthropist — Healthcare Heroes.”