Utilities have always been a difficult problem to overcome around NFT projects. Today, if an NFT project does not provide some inherent utility or has some unique characteristics, it is unlikely to gain much appeal.
Enter Jack Butcher, the creator Visualization valueAfter working in advertising for many years, Jack founded Visualize Value, as he described it, “makes learning, teaching, building and selling easier.” Jack’s platform includes courses, most notably, Extraordinary online content This stimulates creativity and out-of-the-box thinking.
Jack’s latest project, “Care package,” enables encryption to play a key role in the way we look at charitable donations.
As the conflict throughout Afghanistan escalated, Jack sought NFT as a way to help those in need. The UN refugee agency estimates that more than 500,000 people have been displaced in Afghanistan this year. Many people in this area desperately need food, water, shelter and other resources to survive.
The “care package” is a series of 1,000 NFTs, priced at 0.03 ETH (approximately US$87), covering a family’s urgent needs for one month. There are also 10 packages of 0.28 ETH.
In less than 24 hours after the NFT was released, Butcher raised more than 25 ETH between a single NFT and 10 NFTs—more than $75,000.
Butcher's new NFT, "Care Package," routes donations via an Ethereum smart contract. | Source: ETH-USD on TradingView.com
How it came into being… and where did it go from here
Our team at NewsBTC contacted Butcher to learn more about the “Care Package” and Butcher’s broader thoughts on the NFT field.
For “Care Package”, Butcher will transfer all funds to Care.Org in the following way Give block. Butcher minted NFT on Mirror. Every time NFT is purchased, the funds will be saved in the smart contract and sent to the Care.Org ETH address. This is encryption through and through.
This is not Butcher’s first NFT attempt—and it may not be his last. He shared his time with the NewsBTC team for about 3 months, and had already minted “about 40 pieces” before that. In April, the butcher cast “oxygen,” One piece was sold for 3.0 ETH (less than $10,000); the proceeds were donated to India Covid-Crypto Relief Fund.
Earlier this month, the butcher cast “Human resources 3684,” 100% of the proceeds will be used coincenter.org, A non-profit organization focused on cryptocurrency policy initiatives. Amid a wave of policy discussions surrounding cryptocurrencies, 1-of-1 NFT was sold for 5.5 ETH (more than $16,000).
Butcher is proactively empowering the crypto community to play a role on a global scale. What is the motivation behind all this? He told NewsBTC, “Watching the news and thinking about what I can do will have the greatest impact, because I know I can reach the digital art/NFT community and raise cryptocurrency.” Inspiration? Butcher cites projects that create micro-economy, make money from games, and generate art and commercial rights as his favorites—truly love the “unlicensed nature of all of this.”
Featured image from Pixabay, Charts from TradingView.com