Africans look to crypto as charity funding dwindles


NGOs in Kenya have turned to NFTs and crypto amidst a drought in funding. — Pexels

NAIROBI: A sculpture of a giant tap spewing plastic waste greeted delegates at UN environment talks in Kenya earlier this year – a reminder of the urgent need for them to agree a global pact to curb plastic pollution.

The 30-foot (nine-metre) tall sculpture was built from rubbish collected in Nairobi's Kibera slum by artist and activist Benjamin Von Wong, who raised funds for the project by selling non-fungible tokens (NFTs), records of digital images bought with cryptocurrency.

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NFTs , Blockchain

   

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