While NFTs are certainly hyped, many feel they are not being used to their fullest potential. While we are once again witnessing the rise of conflict throughout Afghanistan, Jack Butcher’s initiative to use NFTs as a way to help people seems like a breath of fresh air.
Philanthropic Ideas
Creator of Visualize Value, Jack Butcher, sought out NFTs as a way to help people in need by establishing “Care Package’’ on his company’s website. Care Package is an NFT series of 1,000 pieces priced at 0.03 ETH which translates to $87 dollars. Each purchase covers one family’s emergency needs for one month.
In the official website post Butcher has reminded that as conflict escalates, around 393,000 newly displaced people from their homes are in desperate need of vital necessities such as water, food, shelter and other resources.
Butcher has also tweeted to encourage public support, saying,
“Each edition of this NFT covers one Afghan family’s emergency needs for a month.
If you can’t help financially, please consider a RT’’
Those who do not take part in cryptocurrency trading have the alternative option of donating with fiat on the Care.Org website.
Soon after Care Package was established it received immense support from the public. People were applauding a charitable cause, some even calling this the best innovative NFT project, bringing the crypto space and social action together.
Butcher shared that within first 30 minutes 38 1.06 ETH was raised, which is equivalent to
$3,385 dollars. Since the project received so much success, Butcher created additional packages of 10 available for 0.28 ETH. So far the project has managed to gather 33.824 ETH ($103,992) which was sent directly to CARE. Butcher is encouraging people to push for another 10K.
Care.Org Vice President Alejandra Villalobos, who also is crypto enthusiast, has tweeted that the humanitarian agency has received the emergency funds for lifesaving aid thanking Jack Butcher and the whole crypto community for their generous support.
Asked by people on Twitter ‘’what’s next?’’ Jack Butcher has responded,
“Some support for those working on getting fair crypto regulation passed”
Where Does the Money Go?
Butcher is diverting funds received by the Care Package program directly to Care.Org via The Giving Block. With each NFT purchase, funds are held in a smart contract and sent to a Care.Org ETH address.
CARE is a major international humanitarian agency, delivering emergency relief and long-term international development projects. CARE is also a nonsectarian, impartial, and non-governmental agency focused on fighting global poverty. In 2019, CARE reported working with hundreds of countries and helping over 92.3 million people directly and 433.3 million people indirectly with poverty-fighting and humanitarian projects.
On The Flipside
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Source: Cryptocurrency - investing.com
