As the NFT market moves beyond profile pictures without utility, could good causes fill the gap?
The public perception of NFTs plummeted over the course of 2022. Not only did consumers’ opinion’s of them as investments drop, but they also thought less of įmonės who decided to launch them. As the bubble and subsequent crash fade into memory and the mist dissipates, much of the industry is asking what they are for.
One answer is a good cause. There is something profoundly human in wanting to collect something unique and tradable, and the 2020s NFT boom has seen a raft of projects leveraging that fact to do more than design envy-inducing profile pictures.
Gustavo and Elvia, the co-founders of MetaRaft, had that exact idea. Six years ago, their three-year-old son was suddenly diagnosed with leukemia. Guatavo and Elvia were lucky enough to stay with their son, Antonio, while he had treatment. Other parents who were less fortunate had to go back to work.
That started the idea for MetaRaft, an NFT project that pays children’s medical expenses. MetaRaft wants to give parents of kids going through the same process the ability to be there for their kids, holding their hand at the bedside, rather than having to go to work.
Source: https://beincrypto.com/are-nfts-the-future-of-impact-investing/