UNICEF plans to sell 1,000 data-driven non-fungible tokens (NFTs), the UN’s largest-ever NFT collection to date, the UN children’s agency said today ahead of commemorations of UNICEF’s 75th anniversary.
A portion of the NFTs will be digitally watermarked to commemorate the agency’s 75th year, while others will be connected to events in early 2022. These digital collectibles will be sold directly by UNICEF, using the Ethereum blockchain.
Proceeds from this auction and other NFT fundraising scheduled for late 2021 and early 2022 will go towards promising initiatives of the UNICEF Global Office of Innovation, including Giga, a UNICEF and ITU initiative to connect every school in the world to the Internet using new technologies like low-earth orbit satellites, machine learning, and blockchain. To date, Giga has connected over 3,000 schools benefitting over 700,000 children, and mapped over 1 million more to help target investment in connectivity.