Artists, cryptocurrency firms use NFTs for philanthropic causes

A growing number of artists and cryptocurrency exchanges are riding the popularity of non fungible tokens (NFTs) to launch blockchain-based fundraising campaigns for philanthropic causes.The buzz surrounding non fungible tokens has helped artists such as Mike Winkelmann, a digital artist better known as Beeple, fetch a record US$69 million for NFT artwork at Christies’ online auction in March. Rapper Snoop Dogg also auctioned his NFT Decentral Eyes Dogg, featuring his new audio track and…

Stay connected with us on social media platform for instant update click here to join our T witter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Art-Culture News Click Here

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.