An Italian NFT for charity
Non-fungible tokens , known simply as Nft, are the famous non-identical tokens that exploit the Blockchain to save specific and unique information, not to be repeated, such as, for example, an image or a video. Their uniqueness allows them to also be containers of works of art that can then be transferred and owned on a wallet.
Many believe that the exchange and sale of works protected by NFT will soon be the new future of art, but also of investments. Non-fungible tokens recently demonstrated their potential in the business world by selling, for example, a 50-second video of Grimes for $ 388,938 and a (digital) work by Beeple for $ 69,346,250. As reported by Startup Business , the " Nft are the new demonstration of the effectiveness of decentralized models, those enabled by blockchain technology, models that do not require the presence of intermediaries or entities that certify the value, originality, uniqueness . "
Among the various investors who believe in the power of these Nft has also introduced Nft Europe – a startup born in Italy from the idea of some young people, including Giovanni Piccolo, Francesco Monteleone and Alessandro Cariati. The purpose of Nft Europe is to create an online platform where to sell and auction digital works protected by non-fungible tokens , and to raise capital to restructure works in Italy and Europe. In fact, as Giovanni Piccolo pointed out, " about 85% of online sales will be donated to the restoration of works, both to recall Made in Italy and, who knows, one day, to renovate the Colosseum as well."
The first work auctioned by Nft Europe is a photograph of some African children in Togo drinking from a well built by the non-profit organization Manalive . The president of Manalive Gianmarco Oddo explains: “ we in Europe are the first non-profit to put a non-profit NFT on the market, in fact all the proceeds will be invested in our projects. This is the historic moment in which third sector entities have the duty to innovate and find new sustainable funding channels. In this regard, NFTs potentially represent an excellent tool but certainly not the only one. "
Nft Europe has chosen the work of Manalive because, as Piccolo stated “ the organization reflects all that we are at Nft Europe. We were born to give this message: we can help, even with NFTs. "
For charity Manalive has sold a unique copy of the well they have built in Togo to provide drinking water to a rural village and allow it a balanced and independent development.
Thanks to our Telegram channel you can stay updated on the publication of new articles of Economic Scenarios.
The article An Italian NFT for charity comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/un-nft-italiano-per-la-beneficienza/ on Sun, 09 May 2021 16:52:46 +0000.