As that speculation intensifies, a growing number of charities have begun to explore fundraising efforts tied to NFTs. Although some NFT charity auctions...
On Giving Tuesday, officials at New Jersey–based healthcare charity Sostento learned they would receive a donation of roughly $58,000 by the end of the week.
From the archives : A Beeple NFT just sold on Christie’s for nearly $70 million, highlighting craze for cryptosThe Margin : ‘What the hell’s an NFT?’ ‘SNL’ explains in an amazing rap parody That’s the appeal for many charities that have started to dabble in the world of NFTs and, more broadly, cryptocurrency. These collectors and investors could be a valuable new audience for fundraisers to tap, said Pat Duffy, CEO of Giving Block.
The biggest challenge for nonprofits — especially those that wish to hold an NFT as an asset — is that the existing accounting rules don’t really address NFTs, says Brian Mittendorf, a professor of accounting at Ohio State University who focuses on nonprofits. The NFT is technically different from the artwork itself, which raises heady questions about what is and is not being valued, or even what could be considered part of a museum’s collection.
Environmental group Beneath the Waves, which focuses on ocean conservation, is auctioning off dozens of NFTs that each represent a real-life shark tag, with starting prices ranging from $500 to $20,000. The owners get the right to name their tagged shark and will receive updates on its movement through the oceans. One of the NFTs entitles the owner to take part in the group’s marine-research efforts in the Caribbean. Bidding closed at $23,000.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Ferrari’s new deal with blockchain firm Velas hints at NFTsStart your engines! Ferrari makes its first move into the blockchain industry by inking a partnership with Swiss blockchain startup VelasBlockchain.
Weiterlesen »
Ozzy Osbourne Is Betting Fans Will Be Hungry for His New NFTs.OzzyOsbourne plans to launch a NFT collection of 9,666 CryptoBatzNFT, a nod to the infamous 1982 concert where the Black Sabbath frontman bit the head off a bat. GregAhl reports:
Weiterlesen »
Market Wrap Year-End Review: Altcoins, NFTs Filled Void When Bitcoin Got BoringIn mid-2021, crypto traders turned their attention to “Ethereum killers” and ridiculous-seeming NFTs that fetched hundreds of thousands of dollars.
Weiterlesen »
Explaining Web3: From the blockchain and crypto to NFTs and the metaverseExperts explain what's behind the year's biggest technology buzzword and the players that are driving its marketing.
Weiterlesen »
These Internet Activists Don’t Want NFTs of Their Faces Put Up for SaleA “cryptocurrency media startup” called Itsblockchain launched, then revoked NFTs for drawings of 46 famed internet privacy activists. But the online stable door remained open.
Weiterlesen »
Legendary Investor Bill Tai on NFTs, Metaverse and the Future of Blockchain'The ability to now have much larger groups to take your status, your brands, your values and broadcast that is all instantiated in this little NFT,' investor KiteVC says, discussing the evolvement of community building. Presented by NexoFinance:
Weiterlesen »