'Web3 allows us to create assets worth collecting, linking each patron directly to the initiative they are supporting and to patrons with similar philanthropic ideals,' said Princess Charlene. nft
You will not believe the number of requests we received since we have launched the feed2gether program. I wish we could point you to one town, district, province, country, or continent but the saddest part of the answer is, the need is worldwide.
Although we can naively wish to raise enough funds to solve the problem of youth hunger, realistically we know that we need to optimise any funds raised and utilise them as effectively as possible. Being a foundation based in South Africa we will focus our efforts in South Africa… Never forget that more than eight hundred million people go to bed hungry anywhere in the world at any given time and we need to bring that realisation to people’s attention around the world.
BCN: Besides the NFT auction, does the foundation directly accept cryptocurrency donations and if so, what are some of the digital assets that the foundation accepts?We are in a great partnership with Blockkoin through which we are widening our web3 accessibility. One of the first projects they are working on is a new donation page which will allow anyone to donate to the foundation with any currency their exchange accepts, cryptocurrency and fiat currency.
BCN: Critics of NFTs often claim that they are being used to perpetuate fraud or some other dishonest activities. They point to regular reports of wash trades or the so-called rug-pulling incidents associated with NFTs. In your view, what do you think needs to be done to help eradicate this negative perception of non-fungible tokens?We believe just like email fraud, scammers will use any new technology to defraud unexpected victims.
It’s also not relevant to speak about a ‘rug pull’ here because PCMF is an established charitable entity, not some new web3 community [that] isn’t going anywhere. To get to the point of your question, what the technology needs are more reputable offerings like ours which provide real utility and teach the users how a legitimate project operates. Making it harder for fraudsters and fly-by-night scammers to misuse the technology since they will know what legitimate projects have to offer.
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