A social impact organization, ‘DoinGud’ raises $ 5 million in its mission to change the world of art and charity.
The burgeoning NFT market seeking to defend social causes and democratize the art world has gained strong support to make this altruistic dream a reality.
ZUG, SWITZERLAND, September 30, 2021 (GLOBE NEWSWIRE) – DoinGud, a new NFT ecosystem focused on empowering creators, connecting humans and generating positive social impact, today announced its fundraising of $ 5 million, which will allow the project to develop new features and tools to make DTV more accessible to all.
DoinGud’s blockchain-based creator ecosystem is designed to facilitate charitable giving through NFT sales to approved social impact organizations of the creator’s choice.
This will lead to more and more opportunities to support worthy charitable causes that share the 17 United Nations Sustainable Development Goals, such as ending world hunger, zero poverty, gender equality or quality education.
The DoinGud platform will make it easy for creators to upload their creations as an NFT and sell them to their collectors, fans and community. The platform makes it easy for anyone to get started, no prior crypto or blockchain experience is needed. A portion of any sale will be donated to social impact organizations previously audited and aligned with the 17 United Nations Sustainable Development Goals.
Founded in early 2021, the team has secured $ 5 million in seed funding from co-founder of Sandeep Nailwal Polygon, Griff Green of Commons Stack and Jordan Ellis of dOrg, in addition to support from VC of Hard Yaka, Kenetic Capital, Alameda Research, IOSG Ventures, DAO Square, Ellipti, Genblock Capital, Supernova, etc. DoinGud has confirmed that the founders of other important projects have contributed financially: MaskBook, dOrg, Meta Cartel Ventures China and Giveth.
Addressing DoinGud’s vision, Sandeep said:
“DoinGud’s platform will allow creators to focus on what is important, the creation, while making it easier to translate their work into tangible good. They completely reinvent the creator and give economy and the potential of that is huge. I sincerely believe that this will be the radical change that we have been waiting for so long in this market ”.
Manu Alzuru the founder of DoinGud said:
“We were inundated with funding offers, but we decided to take it slow and find the right partners who are aligned with our values and who will bring more than financial capital. The organizations that have supported us so far are leaders in crypto and this is a vote of absolute confidence in our idea and the direction of this industry.
And the opportunity is huge here – applying the DoinGud model, the social impact that could have been generated by the entire August NFT sales of $ 5.29 billion would be in the range of a minimum of $ 26 million.
We aim to ensure that a much larger share of sales than that is given from our platform and we want to get the industry to do the same. Imagine what we could accomplish if we all came together around this common mission to do good. “
The DoinGud platform will allow everyone to list their own NFTs, independently or in partnership with a gallery and will cover many forms of creation ranging from fine art to photography, from collectible avatars to 3D objects. The platform will also allow creators to allocate a minimum of 5% up to 95% of primary NFT sales and 2.5% of secondary sales, to approved social impact organizations of their choice.
DoinGud is slated to launch in November and already has an outstanding roster of critically acclaimed creators including: Lauren YS, Jules Muck, Allison Bamcat, H + Creative Bringing Blunt Action, Mishko, Post Wook, Renderfruit, Skeeva, as well as Shinji Murakami, Chris McCann, Jermaine Rogers, Emek, Ben Heim and the Agora 3 million plus photography community.
For the latest platform launch news, creators and future drops follow @doingudhq
DoinGud is an NFT ecosystem focused on inspiring creativity and positive social impact.
Community-owned and organized, they enable creators, curators, collectors and communities to tap into sustainable sources of income, engage creatively with their patrons and create lasting impact for the causes they care about. . An accessible ecosystem that helps creators focus on what’s important – creation.
Notes to Editors
DoinGud co-founders available for interviews
For more information, please contact [email protected]
NFTs are non-fungible tokens (NFTs): also called “NFTs”, these are unique digital assets that live on a blockchain. You can think of them as digital collectibles! NFTs ensure the traceability and transparency of creators’ works, while earning them royalties previously inaccessible for all present and future sales.
Tokenization is a digital or physical unit of value, utility or property whose behavior is regulated by a smart contract.
Blockchain is a decentralized digital record of data where transactions are recorded, recorded and linked together using cryptography. Since these postings are decentralized, you cannot change past transactions posted to the general ledger.
CONTACT: Jessica Graber Multiplied Marketing Communications [email protected]