NFT Artist Raises $140,000 for Cancer Charity, PayPal Files Patent for NFT Marketplace
Non-fungible tokens (NFTs) have been a hot topic in the tech world in recent years, and their popularity is only continuing to grow. NFTs are digital assets that are unique and cannot be replaced. They are often used to represent ownership of digital art, music, and other collectibles.
In recent news, NFT artist Trevor Jones has raised $140,000 for Maggie’s Edinburgh, a cancer support organization, by selling a collection of NFTs. This is a significant donation, and it shows the potential of NFTs to be used for good.
In addition, payment platform PayPal has filed a patent application for an NFT marketplace. This suggests that PayPal is interested in entering the NFT space, and it could make it easier for people to buy and sell NFTs.
NFT Artist Raises Money for Cancer Charity
NFT artist Trevor Jones has raised $140,000 for Maggie’s Edinburgh, a cancer support organization, by selling a collection of NFTs. The NFTs were sold at a Web3 event in France, and the proceeds will be used to help 4,000 patients affected by cancer and those who need critical support.
Jones’ donation is the highest single donation from an art event in Maggie’s Edinburgh’s history. He said that he was inspired to raise money for the charity after his own mother was diagnosed with cancer.
“I’m so grateful for the support of the NFT community,” Jones said. “This donation will make a real difference in the lives of people affected by cancer.”
PayPal Files Patent for NFT Marketplace
Payment platform PayPal has filed a patent application for an NFT marketplace. The patent describes a system that lets users buy and sell NFTs through a service provider. While the provider was not mentioned, the document did mention Ethereum, suggesting that it may be based on the network.
If PayPal launches an NFT marketplace, it would be a major boost for the NFT space. PayPal has over 446 million active users, and it would make it easier for people to buy and sell NFTs.
Conclusion
The news that an NFT artist has raised $140,000 for a cancer charity and that PayPal is filing a patent for an NFT marketplace is both positive and significant. It shows that NFTs are being used for good and that they are gaining mainstream acceptance.