BOSTON–( BUSINESS WIRE )–16. November 2022–
Throughout the release, the URL www.generosityynft.com should be:
The updated release reads:
FIDELITY CHARITABLE ® ANNOUNCES PHILANTHROPIC NFT COLLECTION “ART OF GENEROSITY”, ENGAGING THE BLOCKCHAIN COMMUNITY IN GIVING
The project will award $50,000 to charity
Fidelity Charitable ® , an independent public charity and the nation’s largest grantmaker, today announced the “Art of Generosity,” an original, non-fungible token (NFT) project designed to celebrate generosity in motion. This philanthropic collection is the latest example of Fidelity Charitables’ continued commitment to innovation in giving. The project highlights the power of generosity through the lens of art produced by 12 different photographers, illustrators, muralists, digital artists and more.
To encourage individual acts of generosity, 50 participants in the coin will receive a “golden ticket” NFT, which entitles holders to recommend $1,000 in donations via a Fidelity Charitable ® Giving Account ® to eligible nonprofits of their choice. In total, the project will result in $50,000 in charitable support from Fidelity Charitable to community-selected charities, and the embossing will be completely free.
NFTs are cryptographic holdings, such as works of art, on a blockchain with unique identifiers and metadata that distinguish them from each other. Participants will be able to stamp two pieces of art, encouraging people to keep one for their own collections and share one with a friend. Art will be revealed and Golden Ticket winners announced on Tuesday, November 29th. This date marks this year’s Giving Tuesday, a global generosity movement and day dedicated to giving back.
“Throughout its history, Fidelity Charitable has been an innovator to increase giving, from pioneering the use of donor-advised funds to eliminating the minimum requirement to create a Giving Account—all to democratize access to giving. We see the Web3 site as a new frontier to speak to a new audience to encourage and enable generosity, as we continue our work on Fidelity Charitable’s mission – to expand the American tradition of philanthropy,” said Jacob Pruitt, president of Fidelity Charitable.
The Fidelity Center for Applied Technology (FCAT) – a group within Fidelity Investments ® focused on technological research and development – consulted on the project.
“Fidelity Charitable has been a leader and innovator in connecting blockchain to philanthropy,” said Adam Schouela, director of emerging technologies at the Fidelity Center for Applied Technology. “The Art of Generosity NFT project continues this exploration of new possibilities.”
Twelve high-impact artists including Dalek, Nick Davis, Saphera Peters, Ishita Banerjee, Richard Zheng, Rachel Winter and Nyla Hayes have joined the project to showcase custom artwork. Within each work, the artist interprets what generosity means to them personally, resulting in a multifaceted collection that shows how giving can shape our lives and communities for the better.
“We hope participants will be inspired to reflect on the role of generosity in their own lives and take action as individuals to help create a more generous world – whether through sharing art, sharing kindness or sharing resources with non-profits organizations in need of support, says Amy Pirozzolo, director of donor engagement for Fidelity Charitable.
Participants can pre-register before November 22nd to receive a free airdrop or participate in the free public coin starting on November 22nd at 12:00 PM ET. The Public Mint will be open for a week, culminating in the art and gold note unveiling on Tuesday, November 29. To learn more, visit the project’s website:
About Fidelity Charitable
Fidelity Charitable is an independent public charity that has helped donors support more than 357,000 nonprofit organizations with over $61 billion in grants. Established in 1991, Fidelity Charitable is rooted in innovation, from the launch of the first national donor-advised fund program to its adaptation of hard-to-donate assets to its technology-forward platform. The organization’s mission is to extend the American tradition of philanthropy by offering programs that make charitable giving accessible, easy and effective. For more information about Fidelity Charitable, visit www.fidelitycharitable.org.
No purchase or transaction is necessary to participate in the Fidelity Charitable Art of Generosity campaign. This promotion is open to legal residents of the 50 US and DC, 18 years of age or older who have a mobile device on the date of entry. Void where prohibited. Starts 12:00 PM ET 11/22/22 and ends 12:00 PM ET 11/29/22. For complete rules, go to Sponsored by Fidelity Investments ® Charitable Gift Fund.
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KEYWORDS: MASSACHUSETTS USA NORTH AMERICA
INDUSTRY KEYWORDS: PROFESSIONAL SERVICES PHILANTHROPY BLOCKCHAIN NFT TECHNOLOGY OTHER PHILANTHROPY WEB3
SOURCE: Fidelity Charitable
Copyright Business Wire 2022.
PUB: 16/11/2022 11.30/DISC: 16/11/2022 11:32
