Nonprofits and activists are using NFTs and crypto donations to fundraise and raise awareness. Breast cancer organizations implemented NFT projects in October for Breast Cancer Awareness Month.
The Keep A Breast Foundation held an NFT exhibition and partnered with NFTitties. Vera Bradley is donating fashion NFT proceeds to breast cancer research.
These Web3 initiatives help charities diversify funding and engage new donors. However, NFT projects can fade over time. Onboarding mainstream users unfamiliar with crypto can also be challenging.
Overall, NFTs and crypto donations are innovative but not necessarily better than traditional fundraising. Their long-term effectiveness remains unproven. Show Less
