Transparent charity, Afghan Versace, and environmental protection tokens.
In the pre-blockchain world, charities were a cozy option for investors to ease their tax payments or even completely launder an impressive amount of money. Why? It’s simple – charity in the eyes of society is something as white, fluffy, and socially responsible as possible.
Unfortunately, the truth is quite different. If it had not been different, the hungry children of South Sudan would have gotten enough burgers, and the cancer patients from the Philippines would have cured all their sicknesses. It is not clear where all the money collected at charity events, concerts, and exhibitions goes.
How would this ideally work? The well-known oncologist mints an NFT, which you can use to pay for treatment, and at a discount. But only on the condition that a person who cannot afford it will use it.
Generous philanthropists can find people who need help, buy and send them NFTs. Thus, these people will receive treatment, and those who want to help will be confident that the money has gone to a good cause.
This scheme also works for Walmart with Patagonia. They can feed, dress and honestly help the ones in need.
Jacobus Rentmister photographed University of Northern California student Michael Jordan in 1984. Moreover, his work was so legendary that the photo was used as a logo of the Air Jordan brand. For this work, Jacobus received only $50.
Imagine the same situation in our time. Jacobus takes a photo, digitizes it in NFT, uploads it to the marketplace, or keeps it while waiting for the hype. When the hype comes, he can sell his most epic shot in sports history and earn hundreds or even millions of dollars!
NFT is a technology of artisans. You can live in a cave, but be as good as Versace or Saint Laurent, draw gorgeous sketches of clothes, shoes, digitize them and sell them to brands. These brands can then choose to stay as dull as Reebok or buy an NFT from a genius and bring them to life.
Gifts on social networks are the shit that these same social networks make money from. But they do not bring any real benefit to users. What if you make something really worthwhile that you can store or sell?
In reality, people love to pamper each other with gifts: a Tiffany necklace, a Louis Vuitton bag, an Aston Martin car, an apartment on Long Island, and stuff like that. Why are these gifts so valuable? First, they demonstrate the generosity of the giver. Secondly, this is not some kind of hot-air balloon flight, but something f–king material that can be sold at a high price.
Same thing with NFTs. Expensive NFT social media gifts are a liquid way to express your feelings to other people. Make a digital unicorn in a rainbow, with diamonds painted by Banksy, put it together, and you have yourself a great gift. And everyone is happy!
Cryptocurrencies pollute the environment. It’s a fact. It is also polluted by cars with internal combustion engines, rockets for space flights, and patties in our burgers. But unlike General Motors, Richard Branson, and Burger King, the NFT community can make amends.
In the Middle Ages, there was such a thing as indulgences. It went something like this. A guy steals his brother’s money, goes on a spree with his wife, drowns his child, then buys a paper coupon in the Catholic Church and becomes innocent before God, therefore, goes to heaven.
This is obviously crazy. Although, why not do something remotely similar. Let’s say you are an active creator or trader. NFT is your livelihood, but you also think about future generations. You can buy tokens that will go towards planting new forests, cleaning the oceans of debris, and saving whales. Amazing.
Well, where can we go without dogs? The genealogy of dogs is not an easy thing. There are super crazy dog lovers who are looking for either the right South African Boer dog, bred in the 19th century, or a German shepherd that was bred personally by Himmler. Such people are often deceived by forged documents and end up getting a mixture of a bulldog and a rhinoceros.
The blockchain can fix this. If you digitize the pedigree and sell the NFT with it and, of course, the live dog itself, there will be no problems. That way, shady breeders can be removed from the market. Only the most ideal dogs can be sold at the price of gold. Although, everyone has a different understanding of ideal dogs.