I am excited by the potential of cryptocurrencies and cryptogoods to change, and hopefully improve, the way we raise funds for charity.
Cryptogoods are particularly interesting as they are scarce and unique digital goods.
AVC community member Arnold Waldstein tipped me off to a really good example of this:
Little Honu (Hawaiian for turtle) is part kitten, part sea turtle. Honu is the first of a lineage of CryptoKittens ‘hatched’ to both raise funds and be ambassadors for their causes and to be bought, sold, and bred within the game itself.
Honu will be auctioned to raise funds for charity. The auction starts today, on Monday the 9th, ends Sunday the 15th.
Previous CryptoKitty charity auctions have raised in excess of $140K. Donations are tax exempt for the winner if a US citizen.
This is part of a pilot for CryptoKitties, tied to their KittyVerse partner program and their Kitties-for-Good initiative.
CryptoKitties teamed up with Bill Tai and his ACTAI community of activists, athletes and investors, and Ocean Elders, a conservation group headed up by Sir Richard Branson, Jane Goodall and others to make this happen.
And Arnold is the quarterback of this initiative, creating and orchestrating a mashup of traditional, web, crypto and event-based grassroots marketing and partnerships. It’s a first step in a broader project he is developing with Bill Tai to bring together incentivized communities through unique cryptoassets into a larger framework for non-profit projects everywhere.
I just bid on Honu and am currently the leading bidder, which I expect won’t last for long.