It is said that One in three adults around the world donates to charity. As blockchain continues to develop and new decentralized apps are being created almost everyday, traditional methods of individual donations — often slow and expensive — are quickly being replaced by much faster, more effective, and safer means. Maxity.io, a brand-new charity NFT marketplace, supports ending social injustice around the world by transparently connecting people to the charitable causes they support.
What is Maxity.io
Maxity is the world’s largest charity NFT marketplace. Maxity uses blockchain technology to innovate the way NGOs fundraise and to strengthen transparency in the sector. Maxity incorporates Metaverse, NFTs, Volunteer and Reward (V&R), and SocialFi models and helps charities understand the potential of blockchain technology. Providing a one-stop solution for charities, NGOs, social enterprises, and donors wanting to contribute to society, we work with charities to identify how they can use Web3 to boost their donor engagement and visibility.
It is currently the world’s largest charity NFT Marketplace. NFTs present entirely new ways of giving and changing how organizations engage with donors. Charities and NGOs are only just discovering how they can leverage NFT fundraising to generate new streams of revenue and engagement. Maxity, a reliable donation marketplace, aims to bridge this gap by working with charities through each stage of the NFT lifecycle, from ideation to execution.
It is also one of few NFT platforms to provide a function in which NFTs can be purchased by card. In this way, users can finally discover, collect and sell meaningful NFTs linked to a cause they support, while benefitting society.
Launching Maxity.io
The launching of Maxity.io, the world’s first DAO-based NFT marketplace that has been created exclusively for ‘good causes’, charities and philanthropy-minded NFT projects, was officially announced on January 20, 2022.
Founded in 2021 and developed in London, UK — with operations in San Francisco, USA — by a team of world-class developers, Maxity is a blockchain and smart contract-powered decentralized marketplace that will enable charities and NGOs across the globe to enter and benefit from the exciting and booming world of NFTs. Maxity was officially launched on 31 March 2022 with Magna Carta World Peace and Sustainability Foundation and Turbo Ghana as its pioneer supported charities.
Maxity will support charities during the entire ‘NFT’ process with a ‘one-stop-shop’ solution to include creating, collecting, promoting and selling their NFTs. Maxity will also enable charities to generate income through the accrual of resales on the ‘secondary’ market.
Compared to other NFT platforms, Maxity will offer what it believes to be the lowest transaction fee of just 2%. In doing so, Maxity is a very attractive solution because charities will keep the majority of the funds raised through the NFTs they have created.
A marketplace with a cause
Benefits to both charities and donors will be further realized because of the network the platform has been built on — Polygon. Polygon, which connects blockchains and decentralized applications to Ethereum via sidechains, enables faster minting of NFTs, involves near-zero gas fees, and works within a large Polygon-based NFT ecosystem.
Furthermore, Maxity has been established as a DAO (Decentralized Autonomous Organization). DAOs operate as organizations represented by rules encoded as a transparent computer program, controlled by the organization members, and not influenced by a central government. As the rules are embedded into the code, no managers are needed, thus removing any bureaucracy or hierarchy hurdles.
Maxity combines the latest blockchain technologies and the love for art to raise funds for charitable causes. Art, with its life-transforming powers, can now be used to generate funds to lift the most marginalized people in the world out of poverty. It provides a new, more reliable avenue to give back to the world and support the cause you care about.
From protecting endangered species to fighting poverty and fundraising for humanitarian relief, the proceeds are transferred directly and immediately to the organization you have chosen to support. Maxity’s new business model aims to provide solutions for global issues using the blockchain world. What better way could there be to heal this world than art?
Traditional methods of individual donations are one-off, lack transparency and have very little follow up. Maxity revolutionizes donations by enabling social enterprises to accrue royalties through resales, opening up new revenue streams that are paid directly to their NFT wallet.