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NFT Project Will Donate 100% Of Profits To Aid Afghan Women In Getting An Education

Bookblocks.io, an NFT startup, has teamed with Women for Afghan Women, a New York-based organization, to help Afghan women gain access to education.

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Fundamentalist militants have limited women’s access to school in Afghanistan under the new Taliban-led administration. As a result, Afghan women flocked to the streets to protest after this event. More than a dozen women demonstrated outside the former Afghan Women’s Affairs Ministry, which the Taliban renamed the Department for the “Propagation of Virtue and Prevention of Vice.”

Bookblocks.io NFT

On October 5, Bookblocks.io stated that a non-fungible token would be released, with the proceeds going to Women for Afghan Women (WAW). Women for Afghan Women is a grassroots civil society organization in Afghanistan and New York dedicated to defending and advancing the rights of disadvantaged Afghan women and girls.

According to the firm, Louisa May Alcott, a pioneer for women’s rights, was the inspiration for the NFT. “She was not only an ardent feminist, abolitionist, and supporter of women’s suffrage in her many famous writings, but she was also an ardent feminist, abolitionist, and supporter of women’s suffrage. As a result, she felt like the ideal motivation for this month’s charity focus, which is committed to assisting Afghan women and girls in achieving equality in all aspects of life.”

Louisa May Alcott is shown in the NFT with two separate butterfly wings. It represents the hopeful liberation of Afghan women and girls from the constraints that limit their independence. Each NFT’s backdrop colors are unique, reflecting the diversity of backgrounds among the women and girls served by Women for Afghan Women. In addition, there are four distinct variants of this artwork to depict the 40% of Afghan children that are malnourished.

According to the business, 2200 replicas of this NFT will be produced to symbolize the estimated 2.2 million Afghan females who are now unable to attend school. In addition, Afghan women will get 100% of the money earned from the sale of the NFTs, with a 5% residual for each future sale. The starting price is 0.025 Ether (ETH).

Other Cryptocurrency And NFT Donations To Afghanistan

In the digital assets field, several current projects are focusing on charity work in Afghanistan. For example, Jack Butcher, the founder of Visualize Value, issued a series of NFT “care packages” around a month ago, each of which covers one Afghan family’s essential needs for a month. The Giving Block is still taking donations for this care package.

Other groups that provide humanitarian relief in Afghanistan are also accepting crypto donations through The Giving Block. Save the Children is one of them. International Medical Corps, Direct Relief, and Code To Inspire are three organizations that help those in need.

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Shopify Expands Online Retailers’ NFT-Gated Options

Brands are able to increase the exclusivity of their shops thanks to the e-commerce platform.

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The future of e-commerce, according to Shopify, is in NFTs.

As a new option for brands wishing to make their stores more exclusive, the online retail behemoth, which enables small businesses to construct customized e-commerce shops, is providing NFT-gated storefronts, Shopify announced on Wednesday.

In the Shopify introduction video, which includes a skating woman who passes through a pastel portal and transforms into a Doodles NFT, a voiceover urges viewers to “invite their communities into a world that acknowledges and rewards devotion.”

The video explains that token holders can access special shopping opportunities by connecting a cryptocurrency wallet, including early access to drops and limited collections as well as one-of-a-kind experiences and other surprises.

Only individuals with existing NFT collections are able to apply for early access to Shopify’s “gm” shop, which is a gated merchandise store and a play on the Crypto Twitter acronym for “good morning.”

However, those that haven’t received approval yet can still integrate NFT token-gating apps like Shopthru or Single into their Shopify sites.

Shopify announced that it has already collaborated with the Adam Bomb Squad, Doodles, World of Women, Invisible Friends, Superplastic, Stapleverse, and Cool Cats NFT collections to develop token-gated shops as part of its token-gated business launch.

Shopify is introducing “IRL” token-gating in brick-and-mortar stores in addition to online token-gating, which restricts access to certain merchandise to authorized NFT holders exclusively.

Why is this important? The future of Web3 commerce will focus on exclusivity, for one thing. NFTs, which are distinctive blockchain tokens that denote ownership over an asset, are increasingly employed as membership cards, tickets to events, and “keys” to open benefits, despite the fact that they are frequently oversimplified as digital art or “jpgs.”

Additionally, this isn’t Shopify’s first venture into NFTs: The business has been involved with Web3 since last year, when it announced the launch of NFT sales on its platform. Brands can mine and sell NFTs on Shopify to clients using the Ethereum, Polygon, Solana, or Flow platforms.

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OpenSea, beware—Uniswap is pushing into NFTs

The NFT aggregation platform Genie is being purchased by Uniswap Labs, the organization that created the Ethereum-based decentralized exchange Uniswap.

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In a Bankless interview on Tuesday, Uniswap founder and CEO Hayden Adams said, “We’re attempting to transfer what we brought to the ERC-20 market to the NFT sector.”

You can buy NFTs—individual blockchain tokens that represent ownership—on a variety of different marketplaces, such as OpenSea, LooksRare, or Coinbase NFT. However, few allow consumers to buy many things at once, and none provide aggregation tools that let traders view listings on competing marketplaces.

According to Uniswap Labs on Twitter, “We see NFTs as another form of value in the burgeoning digital economy, and it’s a no-brainer for us to integrate them.”

The NFT aggregator Gem, which also enables customers to acquire numerous NFTs in a single transaction, was purchased by OpenSea just two months prior to the announcement of its acquisition by Genie. OpenSea intends to incorporate NFT aggregation functions into its primary platform, just like Uniswap.

A new tab dedicated to NFTs will be added to Uniswap’s main website later this year as part of the company’s push into NFTs, according to a statement from the company. Additionally, NFTs will be included in its developers’ APIs and widgets.

Uniswap Labs intends to airdrop an unspecified quantity of the stablecoin USDC to Genie’s early backers as a way to commemorate its acquisition. By April 15th, USDC will be given to everybody who had utilized the platform at least once or owned a Genie Genesis NFT. (The business had earlier tweeted that Genie Gem owners were eligible for the airdrop.)

Uniswap entered the NFT market for the first time in 2019 with Unisocks, an NFT that granted holders access to a real pair of socks.

The largest NFT market, OpenSea, has a floor price for Unisocks of 13 ETH (about $15,300) at the time of writing.

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NFT marketplace in Solana Magic Eden completes a $130M Series B investment with a $1.6B value

Over 90% of NFT trade volume on Solana is accounted for by Magic Eden.

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On Tuesday, Magic Eden, a popular nonfungible tokens (NFTs) platform on the Solana (SOL) blockchain with 112,927 SOL ($4 million) in 24-hour trading volume, announced that it had closed a Series B round for $130 million. The funding round was led by investors such as Electric Capital, Greylock, Lightspeed Venture Partners, Paradigm and Sequoia Capital valued the firm at $1.6 billion.

The newly-infused capital will be used to expand the company’s primary and secondary marketplaces, explore multi-chain opportunities, allow new hirings, and for use in research and development. Since its inception in September 2021, the marketplace now receives an average of 22 million unique monthly sessions and sees over 40,000 NFTs traded daily.

Magic Eden’s Launchpad has also onboarded over 250 projects to date. In addition, it offers customization, marketing support, and operational execution to new NFT collections coming onto the primary market. Meanwhile, its secondary market covers over 7,000 listings and sees over 92% of all NFT volume on Solana.

Furthermore, Magic Eden has also launched over 50 games and metaverse projects. In that segment, the firm oversees 90% of all gaming NFTs on Solana traded on its marketplace. Regarding the development, Zhuoxun Yin, chief operating office and co-founder of Magic Eden, commented:

“We’re thrilled to have the continued support of our investors and community and look forward to delivering on Solana and beyond.”

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