Social Alpha Foundation is set to auction works from top NFT artists on the Nifty Gateway to support Open Earth Foundation’s efforts to bring open digital solutions designed to address climate-related issues.
Auction Sponsor Render Network To Donate Carbon Credits To Offset NFT Impact
Excitement over NFTs has hit a fever pitch as auctions break new sales records almost weekly. The latest collection sold by artist Beeple, titled “Everydays: The First 5000 Days”, saw 5000 original works compiled in a single JPEG image fetch an astounding $69 million during an auction hosted by Christie’s.
Beeple, who addresses climate issues by framing the environment as fighting against mankind in its work, now ranks as one of the most valuable living artists alive after becoming the most commercially successful NFT artist.
As interest in these works expands, the NFT space’s champions are harnessing this growing public interest to back environmental causes through a charity auction. Social Alpha Foundation(SAF), the brainchild of co-founders Jehan Chu and Nydia Zhang, will be hosting a charity auction in collaboration with Nifty Gateway to bring more attention to the environmental impact of NFTs and the larger blockchain ecosystem.