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Tuesday

27 July 2021

NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War – Altcoins Bitcoin News

NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War – Altcoins Bitcoin News


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A non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens (NFTs) to support its goal of averting famine in Ethiopia’s war-torn Tigray region.

According to Save Tigray, the NFTs, which are “based on interpreted photos of the tragedy,” will be sold on the charity organization’s NFT marketplace.

Also in the statement, Save Tigray’s Mirna Saraswati explains how the NGO switched to the idea of raising funds via NFTs sales.

Meanwhile, organizers of Save Tigray say they are hoping “to use the Tigray project as a prototype so that they can later create similar projects to address climate change, racial injustice, disease, and other issues.” Concerning the alleged inefficient energy of blockchain anchored digital assets, Save Tigray’s COO Savannah Partridge said:.

What do you think of Save Tigray’s idea of using NFTs to raise funds

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