Oct 11, 2023
Merging web3 and philanthropy, Umoja’s charity NFT project leverages the power of human imagination to generate real-world value and prosperity.
NEW YORK, United States, October 11, 2023 -- Umoja Foundation, the philanthropic web3 project, has unveiled their first collection of charity NFTs set to mint on November 28 for Giving Tuesday.
Ideated by the very people the project supports, each Umoja NFT supports the orphans and surrounding needy community of Dasom Ministries Orphanage in Uganda. The 17 resident children of Dasom Ministries, led by Joel Muwonge, are not only the beneficiaries of the project’s proceeds, but also the artistic visionaries behind every piece of generative art in the collection.
Prompts imagined by the children such as “I imagine a lion carrying a young boy [on] its back, running through a body of water” or “I imagine of a woman dressed in a white dress, walking through a field of blue and white flowers” are fed, along with a secret sauce of artistic direction coined by Umoja’s Founder Tiffany Stewart, into a generative art program to create Umoja’s unique, dreamlike pieces.
Proceeds from Umoja’s NFT sales provide direct real-world value by funding Dasom Ministries’ recurring expenses like food, medicine, education, and clothing, and fixed-cost projects like constructing a larger home, purchasing a transport van, and a clean water project.
During the 17-day mint period (representing the 17 children in Dasom Ministries’ care), there will be 250 unique NFT artworks available for purchase, including 200 pieces with 30 copies and 50 1/1 pieces. With the intention to create an accessible entry point for a philanthropic web3 contribution, each NFT in the debut collection will be available for roughly the equivalent of $100 USD in Ethereum.
Available exclusively on Rarible, any of the Ethereum-backed resales of Umoja’s NFTs will generate royalties to fund the foundation’s ongoing support. Umoja emphasizes resales as an integral component of their model, stressing the importance of viewing these pieces as an investment in real-world utility: With each resale, 7% royalties are routed back to Umoja to supply replenishment of resources and ongoing support to Dasom Ministries, as well as expansion efforts.
Future collections will include animated and physical NFTs, and support wider communities in Uganda, Africa, and beyond.