Why the next generation of philanthropy lives on the blockchain

Why the next generation of philanthropy lives on the blockchain

Oct 30, 2023

The Umoja Foundation is pulling charity work out of the stone age and onto its future path, immortalized on the blockchain.

Hinging on the limitless possibilities that web3 opens up for direct humanitarian impact, Umoja’s mission starts with evolving NFTs into social tokens for good.

With immense appreciation for the years of groundwork that has laid the NFT ecosystem foundation, we think it’s high time to reimagine digital collectibles with real-world utility and altruistic aims.

Following the likes of mainstream financial companies, such as PayPal, MoneyGram, Cash App, and Venmo, who are adapting their platforms for cryptocurrency, Umoja seeks to usher in the mass adoption era of NFTs by revolutionizing the concept of philanthropy.

But what are the benefits of web3-based charity? Here’s why we think the next generation of philanthropy belongs on the blockchain:

  • Transparency. Being built on blockchain means transactions are publicly accessible and tracked in perpetuity, so nothing is obscured.

  • Trustworthiness and accountability thanks to blockchain’s immutable nature.

  • Passive revenue. What’s better than a one-time donation? A philanthropic investment that keeps giving through ongoing resale royalties.

  • Visible impact. Your collectible is a stunning social token of humanitarian support and record of your contribution.

  • Limitless potential, that’s only just begun to be tapped.

Proceeds from the sales and ongoing resales of Umoja’s charity NFTs provide life-sustaining aid to our partner in Uganda, Dasom Ministries Orphanage, as well as expansion efforts to eventually broaden our reach across Uganda, Africa, and beyond.

Not only that, but each Umoja NFT starts in the minds of those it impacts. Through generative AI, the artistic visions of the children at Dasom are transformed into a cohesive, dreamlike collection.

Umoja, modern NFTs with real-world utility

The era of opaque humanitarian aid is coming to an end.

Umoja is leveraging the borderless aspects of web3 to bridge the world’s technology gap and better share the wealth, with aspirations to become a larger vehicle for social good.

Our debut 6,050-piece collection of charity NFTs mints November 28 for Giving Tuesday, exclusively on Rarible.