More recently, since 2014, NFTs (or Non-Fungible Tokens) have been one of the most valuable crypto assets to invest in, and the numbers have shown remarkable results. According to nonfungible.com, the boost in NFT sales began in 2017, starting at 100 NFT sales per week to an average of 15,000 per week. Towards the end of 2019 and beginning of 2020, NFT sales skyrocketed between 30,000 to 80,000 per week. The first half of 2021 showed a whopping $2.5 billion worth of NFT sales.
NFT creators trade their NFT assets for as low as a few hundred dollars, up to a few million dollars. In 2021, the most expensive NFT sold went for $69 million dollars, an art piece named “Everydays: the First 5000 Days” created by NFT artist, Beeple.
With these outstanding NFT market results, entrepreneur and NFT artist, Maya Hamad, and Forgotten Dogs Foundation (FDF), a dog charity aimed at ending the mistreatment and killing of dogs in overpopulated dog shelters, joined forces with the shared goal to use NFT trading to donate to the FDF for dogs in need.
Maya Hamad says, “I believe that something of such great value should be used for the greater good, besides achieving financial success through such investments of course. There are thousands of courses, charities, and projects that could use a percentage of profits made from these digital assets to make positive impacts globally. For years, I’ve believed in the power of expression through visuals and words, and today I’m filled with great enthusiasm and determination to make my artistic talent of use to others”
Recently, Maya Hamad has successfully released two NFT art collections, “Modern Compositions” and “Faces of Earth” to support blakINwite Digital Magazine’s mission to make an impact on the female community by supporting women-owned businesses and talents from around the world.
Her latest NFT art collection, named “Forgotten Dogs”, has been released on behalf of Paws & Fashion online store, in addition to “This T-shirt Saves Dogs” initiative, and is solely dedicated to helping the FDF further fulfill their mission by donating 50% of the funds raised from this collection towards the foundation.
Anthony Hudson, founder of the Forgotten Dogs Foundation, says, “At the FDF, we plan to fulfill our mission by using all monies raised and donated to find homes for orphaned dogs in overpopulated shelters, and to improve their overall welfare. We do this by working with those who are dedicated to saving dogs, and we couldn’t be more enthusiastic about this new partnership.”
The collection consists of a total of 13 cards, each of which holds the letter from the words ‘Forgotten Dogs’, and a digital drawing of different dog breeds that portray the diversity of dog breeds around the world who need the help of humans.