As NFTs flood the market, several NFT projects have come up with a social goal. One such project is Metagood, a for-profit, philanthropic platform using NFTs for social good. With NFT collections like OnChainMonkey, Metagood has donated to UNICEF, provided aid to Ukraine, and financially helped the evacuation of Sharbat Gula, an Afghan refugee. So let’s dive right in: What is Metagood and what are its various NFT charity initiatives?
What is the Metagood NFT Platform?
As previously mentioned, Metagood is a philanthropic platform that uses NFTs for charity. The company aims to empower communities to bring forth “positive collective action”. Furthermore, their work revolves around four core values—respect, integrity, sustainability and experimentation.
“Our world is facing exponential problems and we believe in the power of communities to take collective action to solve them,” Metagood’s manifesto reads. “We recognise the need for fundamental change in incentive structures and believe in the power of Web3 to help create this change for the benefit of current and future generations.”
In fact, Metagood is backed by some of the most popular blockchain experts, acclaimed artists, and social impact executives. The list includes author and Olympic gold medalist, Apolo Ohno; Sound Ventures co-founder, Guy Oseary; Axie Infinity co-founder, Jeffrey (Jiho) Zirlin, and The Sandbox Co-founder, Sebastien Borget, to name a few.
Who Created Metagood NFT Platform?
Metagood was founded by crypto and NFT veterans, Danny Yang, Amanda Terry, and Bill Tai. A Harvard graduate, Yang is the founder of Maicoin, Taiwan’s largest cryptocurrency exchange, and Blockseer, a blockchain analytics company. On the other hand, Terry is the former digital media business development executive at Twitter, NBC, and Neustar. Finally, Tai is a venture capitalist, athlete, and Chairman of ACTAI Global.
“The big vision and goal is to really make an impact and solve some of these exponential problems that we’re facing,” Yang told CoinDesk. “These are problems that start small but quickly consume the whole world.”
About OnChainMonkey, The Platform’s First NFT Project
In September 2021, Metagood dropped its first NFT collection, OnChainMonkey. A free-to-mint, 10K PFP collection, OnChainMonkey is the first NFT collection to mint 10,000 tokens in a single transaction. This helped to significantly reduce gas fees for the charity NFT.
Soon, the project will drop Karma, an NFT collection featuring artwork from Metagood’s team who boasts of working with some of the top Hollywood movies. Together, these NFTs will give holders a range of perks, including membership in the OCM community. DAO governance, participation in community projects, and access to VIP talks and real-life events are some of the other perks.
More importantly, OCM has helped raise awareness about the climate crisis. One OCM member also auctioned his Genesis NFT and donated all the proceeds to UNICEF and Elon Musk Foundation-backed Giga Connect to help bring internet connectivity to schools.
Besides, Metagood has released the OCM Earth NFT collection to help support the people of Ukraine. In addition, the platform partnered with the non-profit Future Brilliance to help evacuate Afghan refugee Sharbat Gula and her family from Afghanistan to Italy.
To be sure, these are only a few of the charity NFT projects that Metagood has taken up. Certainly, the company is setting an example of how we can use NFTs for social good.
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