$12.3 Million of NFTs Donated in 2021
According to an annual report by The Giving Block, the total yearly crypto donations in 2021 soared over 15X compared to 2020. On average, it was observed that the average crypto donation stood at $10,455 as opposed to cash donation at $128.
Researchers further suggested that NFTs would be a significant development in the donation landscape, projecting based on the number of participants contributing using rare and valuable NFTs and support from some of the world’s most popular NFT projects like the Bored Ape Yacht Club (BAYC).
By the report’s findings, individuals and projects donated slightly over $12 million of NFTs in 2021 alone.
$12.3 Million of NFTs Donated in 2021 According to an annual report by The Giving Block, the total yearly crypto donations in 2021 soared over 15X compared to 2020. On average, it was observed that the average crypto donation stood at $10,455 as opposed to cash donation at $128.
Researchers further suggested that NFTs would be a significant development in the donation landscape, projecting based on the number of participants contributing using rare and valuable NFTs and support from some of the world’s most popular NFT projects like the Bored Ape Yacht Club (BAYC).
By the report’s findings, individuals and projects donated slightly over $12 million of NFTs in 2021 alone.