- CharitiesNFT: A kind of digital-twin NFT, promotes NFTizing physical artwork created by grass-root artists, using Hologram and Holo-DKEY for Crypto-Validation.
- CharitiesDAO: A kind of DANO (Decentralized Autonomous Non-profit Organization) with an ecosystem of charities founders, individual contributors and receivers, project accelerators and incubators. This is building more transparent and efficient decentralized donation chains.
- In a series of articles, I will introduce WHITE PAPER of CharitiesNFT and CharitiesDAO and discuss how they work for Canadian Indigenous Traditional Culture and Grass-root Artists as one of the application scenarios of CharitiesNFT.
Introduction
In the last three articles, we discuss the potentials of NFT in the art industry and the growing trends of NFT galleries of digital, irreplaceable unique works of art. With the emergence of NFT, the grassroots artists and traditional visual art communities are given the opportunity to enter into a bigger market. We talked about ‘CharitiesNFT’. It is a NFT system specialized for NFTizing physical artwork in the Web3.0 Metaverse. It is an exciting and hopeful prospect that can genuinely promote the high appreciation and up-valuation of those traditional grassroots artists and their physical artworks in the future. In addition, CharitiesNFT is a kind of Digital-twin NFT special for NFTizing a traditional physical artwork, mirroring only-one-on-one, eternally non-counterfeited.
How Can the Traditional Charities be Improved More Efficiently and Transparently in Cainozoic Era?
Often the “corruption” of charities takes the form of high executive salaries and low percentage of funds donated to the cause at hand. Oftentimes, traditional charities are founded on strong principles, but ultimately either fall short of fulfilling the expectations donors need, or are misleading in their advertising. ChartiesDAO with its unique CharitiesNFT, the overthrowing revolution for Traditional Charities, is a kind of DANO (Decentralized Autonomous Non-profit Organization), funding blockchain projects via smart contracts, the key for deadlocks besetting the traditional charities.
The deadlocks are an opaque process, a cumbersome bureaucracy, inefficient (even corrupted) system. It has been besetting the traditional charities and criticized by the public for many years. CharitiesDAO, via intelligent contracts, can solve the deadlocks. Because anyone can supervise, which minimizes unnecessary corruption in the whole donation.
For example, in an art donation event, CharitiesNFT can exclusively in accord with one physical artwork in reality world, for eternal identifiability. When a physical artwork is traded in reality world, its pairing CharitiesNFT would be changed ownership in Web 3.0 Meta-verse accordingly, and all donation transaction information would be digital recorded on its pairing CharitiesNFT, for eternal traceability.
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