INFOGRAPHIC - 7 ways NFTs will change the world - A social impact perspective
Perpetual Charity
NFTs enable non-profits to receive ongoing donations in perpetuity. Through secondary sales, non-profits can develop new passive revenue streams to support their missions.
Story Telling and Preservation
NFTs can be used to tell powerful stories, to raise awareness for causes, and to preserve important cultural history on an immutable blockchain, forever.
Levelling the playing field for creators
For too long, creators have given up a large chunk of profits to intermediaries such as content platforms and record labels. NFTs present new options for monetization and ownership for creators.
Economic empowerment
NFTs open the door for artists and creators from underserved communities to bring their works directly to market without needing to go through a gatekeeper.
Philanthropy 3.0
NFTs will help usher in a new era of philanthropy. Non-profits will release their own NFT collections and partner with high value NFT projects as a new tool for fundraising.
Identity
1 billion people around the world lack access to identification. NFTs will provide those in underserved communities such as rural and remote regions, and refugees, with a verifiable on-chain ID.
Community Building
NFTs provide new ways to build and engage communities by enabling community ownership, rewards for community contributions, and providing members with a symbol to recognize their role in movements of change.
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