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«This is peak absurdism» Pros of making this whole thing an NFT: • Capitalizes on a craze to save lives. Consequently, this will almost assuredly be more succ
by mrb 5y ago
«This is peak absurdism»
Pros of making this whole thing an NFT:
• Capitalizes on a craze to save lives. Consequently, this will almost assuredly be more successful at raising money than if this had been organized as a traditional campaign with donations through credit cards or PayPal.
• Very low friction. Any of the many lucky crypto millionaires can bid in seconds. No need to convert crypto to fiat and all associated hassles.
• The highest bidder will own cryptographic proof of his donation to Noora Health. Other bidders will have proof of their intent.
• This may motivate other non-profit to seek donations through NFTs.
Downsides:
• Contributes to increasing the NFT craze ?
• ???
There are many things you can criticize about cryptocurrency, but this Noora Health NFT probably ain't one of them.