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Funding platform Orica partners with NGO to use NFTs to build a school in Uganda

Published 11/19/2021, 09:35 AM
Updated 11/20/2021, 11:20 AM

The rising number of social impact projects using digital art to fundraise for charitable causes marks a powerful development in the nonfungible token (NFT) space. One such project leveraging technology for social good is Orica, an ethical funding platform supporting artists and social impact organizations, or SIOs, to create and sell NFTs.

Orica launched Thursday at the Malta AI & Blockchain Summit, or AIBC Malta, and announced its collaboration with an NGO to drop NFTs on its platform and use those funds to build a school in Uganda.

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