Web3 for good, with a little help from AI. Non-profit volunteer organization newyorkcares is embracing the world of Web3 philanthropy by selling NFTs to raise funds for Stand with Students, an initiative to help support local public schools.
to raise funds for Stand with Students, an initiative to help support local public schools that have faced disproportionate socio-economic struggles exacerbated by the COVID-19 pandemic.
Although fundraising efforts have seen success over the last three years, Keith A. Grossman, Time president and New York Cares board member, told CoinDesk he’s not only passionate about raising money for underprivileged students, but also about implementing technologies to propel a new wave of philanthropic efforts.
“In Web3, there is a desire and an intent for people to show that the space has tremendous good in it. Doing something like this is the best example to highlight the good,” said Grossman. The collection will feature over 16,000 digital pieces created by Open AI’s DALL-E. Each artificial intelligence-generated piece is inspired by different
quotes that are interpreted in the style of 13 artists including Andy Warhol, Frida Kahlo and Jean-Michel Basquiat.can now mint digital artworks that are priced at 0.05 ETH each. The site will be open to the public on Friday at midnight ET, and will close Sunday at noon.
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