Non-fungible Tokens for Good
Speaker from IMPACT Festival at CoinFest Decentralized Festival
Jimi Cohen is the co-founder of We Make Impact and speaker at CoinFest 2021: We are bridging the gap between Donors and Donees by creating personalized video updates for the Donors and building Micro-Franchises for the Donees. Every month you donate to We Make Impact, an entire family gets clean drinking water for life and starts their very own business.
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Why digital art is the biggest use case for Non-fungible Tokens (NFTs)
- Event tickets: Event organizers sell NFTs, instead of tickets. The purchaser can resell them if they choose and organizers can be confident their NFT won’t be counterfeited.
- Asset ownership documentation: Titles or certificates to digital art, homes, and vehicles can be tied to NFTs. This allows sales processes to be streamlined since title searches can be simplified.
- Cybersecurity: Blockchain security is not 100% invulnerable to crypto-criminals, but anyone’s important assets locked within an NFT will provide them with a higher level of security.