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A comment on An NFT That Saves Lives. Parent comment

Re:An NFT That Saves Lives by yrral on Tuesday May 04, 2021 @02:13PM (#27040713)
People have been able to raise non-insignificant amounts of money selling NFTs for charities.

Snowden - Freedom of Press Foundation 5.4m https://www.theverge.com/2021/4/16/22388548/edward-snowden-n...

pplpleasr - Stand with Asians 550k https://www.theblockcrypto.com/post/99615/uniswap-v3-nft-sol...

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Re:An NFT That Saves Lives by lalaland1125 on Tuesday May 04, 2021 @02:24PM (#27040899)
How is this different or better than normal donations? If anything, isn't it worse due to the NFT overhead?
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Re:An NFT That Saves Lives by JeremyNT on Tuesday May 04, 2021 @09:16PM (#27044953)
It's "better" in the sense that they can piggyback on the hype train for all things cryptocurrency related.

Some crypto/NFT millionaire who would normally never donate might well well be coaxed into donating once they see that "NFT" or "blockchain" is attached to the prospect.

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Re:An NFT That Saves Lives by hiq on Tuesday May 04, 2021 @03:15PM (#27041670)
If you go from 5% to 10% overhead but collect 10 times as much because of the hype you still end up with more money.
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Re:An NFT That Saves Lives by prtkgpt on Tuesday May 04, 2021 @11:13PM (#27045769)
Exactly, same goes for when you donate with the 1-1 matching. Your X amount is 2x now, and 10% of 2x is stil 1.5x more of just X.
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