Popular nonprofit, The P.A.S.C.A.L. Foundation, becomes the
first charity foundation to enter the NFT ecosystem in a grand
way
AMSTERDAM, April 6, 2021 /PRNewswire/ -- The P.A.S.C.A.L.
Foundation is collaborating with its international partners to drop
several exclusive NFTs, IP, formats and NFT related projects for
charity throughout 2021. In a related development, the foundation
will drop P.A.S.C.A.L., the first of many NFTs. The debut
project stands for "Play a Song Change a Life," and will include a
10-song collaboration album between 10 international DJs, producers
and recording artists and 10 digital artists.
Non-fungible tokens, otherwise known as NFTs, transforms digital
works of art and other collectibles into one-of-a-kind, verifiable
assets that can be easily traded on the blockchain.
Christie's auction house recently sold the first-ever NFT
artwork — a collage of images by digital artist Beeple, for a
whopping $69.3 million. The concept
has also found its way into the media and entertainment world, with
influencer Paul Logan, rapper
Tory Lanes, artist Grimes and DJ Don
Diablo also racking in hundreds of thousands to millions of dollars
for their NFT drops.
However, the P.A.S.C.A.L. Foundation is taking it a notch higher
with the launch of the first of many NFT drops to help creative
orphans and the needy in different parts of the world.
The foundation provides resources, mentorship as well as
education on sustainability, healthcare, nutrition, farming and
entrepreneurship to assist these children through their transition
and journey from childhood to adulthood.
"Our involvement in NFTs as a way of giving back through art
and music is the way of the future, international celebrities,
artists and brands reaching out to collaborate to help these kids
is just the beginning of greater things to come," said
P.A.S.C.A.L. Foundation chairman/CO-founder, Stef van der Velde.
The one-of-a-kind P.A.S.C.A.L. NFT will be exhibited for auction
through a specially developed NFT "Virtual/VR Art Museum."
The foundation has announced plans to release several other NFT
projects, including "DIVERSITY KIDS," seven limited edition anime
character cards featuring seven characters from an upcoming
animated kids series as well "SAVE THE SCENE," special music and
art initiative created to generate global awareness, unity,
alternative financial solutions and aid for the electronic music
scene, its DJs, clubs, live events, festivals and staff during and
after the COVID-19 pandemic.
For more information, please visit
www.thepascalfoundation.org.
Photo -
https://mma.prnewswire.com/media/1480643/Distraction_by_Beeple.jpg