NFT FOR AID: A NEW PARADIGM Cover Image

NFT FOR AID: A NEW PARADIGM
NFT FOR AID: A NEW PARADIGM

Author(s): Arzan DİLEK BOZKURT, Nurdan Tümbek Tekeoğlu
Subject(s): Business Economy / Management, ICT Information and Communications Technologies
Published by: Sage Yayınları
Keywords: Blockchain; NFT; NFT for Aid;

Summary/Abstract: This article examines the application of Non-Fungible Token (NFT) charity projects in humanitarian aid and charity, as well as shifts in the paradigm in this field. Through analysis of studies done on social media sites like Instagram, Twitter, and Opensea. The study investigates these projects' social media platform tactics, communication techniques, and community interactions. To show how NFTs are generating a shift in the humanitarian paradigm, it also looks into the token generation and operations of these efforts in the Opensea market. The case study focuses on the real NFT deployments in the aid industry, as well as the challenges and opportunities that have emerged in this context. The effectiveness of NFTs in fostering relationships, encouraging collaboration, and assisting charitable endeavors is also being studied. The study investigates how NFTs could increase the transparency, accountability, and traceability of humanitarian actions. These results help us comprehend the paradigm shifts in the aid industry and the role of NFTs therein more fully.

  • Issue Year: 15/2023
  • Issue No: 60
  • Page Range: 130-142
  • Page Count: 13
  • Language: English