Witten by Darren Tan on Digilah (Tech Thought Leadership)
With all the ongoing debate about the inherent value of NFT, for myself, as the founder of Digital Arts For Social Impact (DASI) , I believe that NFT can be an effective channel for positive social impact.
NFT started in the year of 2012, backed by the basis of bitcoin then, since Etherium hadn’t started before then – and since that point, there have been many ongoing conversations as well as trades that have happened on the digital space.
Some see it as an opportunity to get rich quick, given the number of rug pulls that has happened due to insider traders making a quick run after a successful fund raise, while others see it as an opportunity to express their art – and letting keen buyers own an original authentic piece of their work without any potential risk of inauthentic duplication.
For myself, my exposure to NFT, blockchain as well as Web 3.0 definitely changed the way he viewed work as well as the digital space, and it definitely pivoted me from being a typical salaryman to someone who can also create positive social impact with the help of NFTs.
Afterall, the basis behind the creation of an NFT can be condensed into 7 simple steps:
1) Create/pick your artwork/ unique creation
2) Choose your choice of blockchain tech
3) Setting up your digital wallet for transaction
4) Shortlist & Select your NFT marketplace.
5) Upload your NFTs
6) Develop a robust sales & marketing plan for your NFTS
7) Fund-raising and channeling it to an effective cause.
In fact, it was with this knowledge that I have also invested heavily into ethereum as well as developed a robust team made up of industry veterans as well as artists across the globe, to serve the impoverished community around the world – one of which being Cambodia.
For DASI’s very 1st upcoming project, Darren & his team made up of industry veterans as well as artists across the globe, they have ambitiously set their sights to help impoverished Cambodian kids to fund raise for their very own school – with hopes that this will be
a beacon for future NFT projects that will lead to support more social causes.
Most searched question
What is an NFT and how does it work?
Is NFT the same as Bitcoin?
Are NFTs a good investment?
Is Ethereum an NFT?
Most searched queries
NFT Token cost
NFT market place
Most expensive NFT
For more such amazing content follow: Digilah