NFTs represent a paradigm shift in how we think about digital assets and digital ownership. We used to think of digital assets as files that could be copied and shared without limitations. Now, with NFTs, we can think of them as one-of-a-kind, scarce, and valuable items whose ownership can be verified and traded.
One of the most common uses of NFTs today is for charities and fundraising. Having NFTs for sale on an organization’s website or hosting an auction with basic payment options like credit cards, makes it easier for anyone who isn’t crypto savvy to buy one and donate to a good cause.
This could be part of a company’s social responsibility program, or a joint effort with a non-profit, or a socially aware organization.