In this week’s newsletter, read about how UNICEF is using nonfungible tokens (NFTs) to help connect schools to the internet and how post offices are able to revive the philately sector through NFTs. Check out how an NFT gaming project lets many aspects of its game be customizable and sold as NFT packs. In other news, Animoca Brands co-founder Yat Siu spoke with Cointelegraph and shared his thoughts about Asia’s perception of NFTs. And, don’t forget this week’s Nifty News featuring Walmart’s entry to the Metaverse.
UNICEF Giga NFTs to connect schools in developing countries to internet
Humanitarian aid organization UNICEF has utilized NFTs as a means of raising funds to help with its mission of providing internet access to schools located in developing regions all over the world. Through its Giga initiative, it aims to help 1.1 million schools across 49 countries.
In a Cointelegraph interview at the Blockchain Expo in Amsterdam, Giga blockchain product manager Gerben Kijne mentioned that their NFT fundraising initiative attracted both UNICEF supporters who had bought NFTs for the first time and NFT collectors who wanted to get the NFTs because it was made by UNICEF.
Post offices adopting NFTs leads to a philately renaissance
European post offices utilized NFT popularity to jumpstart the philately sector, an area focusing on the study of postage stamps. PostAG philately head Patricia Liebermann and PostNL product manager Sacha Van Hoorn are leading the charge.
Speaking to Cointelegraph at the Blockchain Expo in Amsterdam, Liebermann said that they combined NFTs with physical stamps and got overwhelming feedback. According to Liebermann, they started exploring NFT postage stamps in 2019 and determined that there is a market out there who are interested in this new way of collecting.
NFTs bring in-game ownership to a new level, says Blokhaus founder
Gaming is a very popular use case for NFTs. There have been many NFT gaming projects flooding the Web3 space. Despite this,…