NFT Auction (Coming Soon)
The objective of this feature is to empower charity organizations to raise funds through NFT Art/Products.
Charity organizations have causes that help different groups of people. With that in mind, when donating to a charity and in turn helping them achieve goals and/or milestones, charities often insist on giving back in one way or another. We leverage on the idea that talent is something that is hidden amongst people, and we have created our NFT Auction platform for these charities to put forth talents of their hidden gems in order to give back a tangible product while bringing attention to these talents.
How Does it Work?
Charity organizations will provide a piece of original art that is backed by a story by the artist.
We will mint the NFT and auction it on our platform.
The highest bidder will be awarded the NFT along with the real physical product.
Only way to bid for these fine pieces of NFT art will be with RBH.
85% of the auction proceeds will go directly to the charity (we will convert the RBH into fiat for them).
7.5% of the proceeds will be added back into liquidity pools.
7.5% will be fees for the platform.
Last updated