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David Chapman, founding father of Teddy DAO, instructed CoinDesk that the venture was impressed by an NFT sale he performed final 12 months, the place he bought a one-of-one collectible and raised $15,000 for humanitarian assist group UNICEF. He famous that this occasion not solely highlighted the demand for NFT-backed charity donations but additionally indicated that the strategy could possibly be used to onboard individuals new to Web3.
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