Star Judges Pick NFTs for AIDS Research

Credit: Getty Images

Prospect 100, a digital voting and competition platform, has tapped some of the world’s most famous artists and celebrities to judge an NFT art contest for charity.

Creators from around the world can submit an original digital background before July 9th to the panel of judges, which includes fashion models Kendall Jenner and Kate Moss, filmmaker Baz Luhrmann, musician J Balvin, DJ Peggy Gou, and artist Jeff Koons — among others.

The competition was organized to support The Foundation for AIDS Research (amfAR), and participating artists must be willing to donate their work, as all profits from the NFT sales will go directly to the charity.

According to the report, 100 backgrounds will be selected and combined with foreground characters that have already been created by amfAR. This combination will form the first NFT collection from the organization. The sale of the NFT artwork will be announced sometime after the end of the competition.

Before the designs reach the selection panel, they will first be reviewed and voted on by the public. The selected designs will be passed on to the panel and judged based on their originality, coherence to the pre-designed foreground characters, and meaning.

Unsurprisingly, some of the jury has already been involved in Web3. Supermodel Kate Moss, for example, released a set of short video NFTs in early 2021. And Jeff Koons, the highest grossing artist in the world, dropped a debut NFT collection last year called ‘Moon Phases,‘ consisting of NFTs tied to physical sculptures that will be sent to the moon with an autonomous lunar lander later in 2023.

amfAR’s goal is to end the AIDS epidemic through innovative research. It is one of the leading nonprofit organizations in the world dedicated to AIDS research, education, and advocacy.

NFTs Can be Used for Good in the World

NFTs are often criticized for being “cash grabs,” and with some of the bad apple projects, that’s a fair assessment. However, it’s important to remember that NFTs are a technology that can be used in a myriad of ways, and that includes for philanthropy. Below are two interesting ways NFTs have been used for doing good in the world.

  • Ukraine. Several citizens and governments have used NFTs to raise money to support the Ukraine. For example, the UkraineDAO, was created by the founder of the Russian punk band Pussy Riot, Trippy Labs, and members of PleasrDAO with the goal to use Web3 to raise funds for the war-torn country. The DAO sells NFTs and uses the generated money to support nonprofits that assist people suffering from the war.
  • Animals. Project Unextinct has used NFTs to give people an inside look at the progress the group has made successfully rehabilitating the Spix’s Macaw, a Brazilian bird once thought to be on the edge of extinction. Project Unextinct NFTs are also carbon-negative, and for each NFT that’s sold, one tree is planted in Caatinga, Brazil — the Macaw’s natural habitat.

The competition from Prospect 100 to raise money for The Foundation of AIDS Research should be fun for Web3 creators who want to put their work in front of some of the world’s top artists. But most importantly, the NFT drop is focused on supporting a great cause — and that’s something we can get behind here at Rarity Sniper.

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