INTRODUCTION

In the short history of NFTs to date, numerous experiments and approaches have emerged for employing NFTs in charitable contributions. However, all of these efforts have predominantly involved isolated auctions linked to particular artworks converted to the NFT format. The NFT market currently lacks a simple tool or platform to facilitate donations through NFTs without involving auctions. At the same time, there is a need for such a solution that would allow nonprofits and charities to seamlessly receive, manage, and leverage these donations for their unique purposes, even for organizations with limited technological expertise. Linking NFTs and charitable giving has the potential to make a significant positive impact. Nonprofits need specific infrastructure in place to manage NFT donations. The GOOD Marketplace equips charities and nonprofits with a comprehensive set of tools to easily accept and manage NFT donations. Our vision is to reshape the future of charity and NFTs by leveraging blockchain technology. GOOD Marketplace is a charitable NFT marketplace empowering artists, collectors, NFT traders, charities and non-profits to make a tangible impact on social, climate and humanitarian causes. Blockchain technology allows for near-instantaneous transactions. This means that aid and donations can reach recipients quickly, which is crucial in humanitarian emergencies. Non-profits can seamlessly acquire cryptocurrencies through third-party NFT sales, create and market their own NFTs, receive NFTs, trade NFTs and transparently manage, swap and redeem all funds generated from NFTs. The GOOD Marketplace is an authentic charitable extension of the NFT market. With our NFT4GOOD smart contract, you can seamlessly give back to the community by allocating a portion of the proceeds from your NFT sale to a non-profit of your preference, or even let the NFT buyer make the choice. In addition, GOOD Marketplace platform incentivizes both NFT creators and buyers for their participation through the distribution of GOOD tokens. These tokens can be used for NFT transfers, staking to earn extra rewards, trading or buying real-world services and products. The GOOD token is the fuel that will power all services within the GOOD ecosystem. We are on a mission to transform the GOOD token into a universal cryptocurrency accessible to all charities and non-profits operating within the blockchain and crypto space. The ultimate goal is to build a robust, global NFT utility - an advanced platform that will greatly benefit both the NFT industry and the charitable sector; where everyone can make a tangible impact on social, climate and humanitarian causes. We envision that the GOOD token will find use across a wide range of charities and non-profit organizations for a variety of purposes, including payments and remittances. The GOOD Marketplace will become a comprehensive ecosystem for charitable NFTs.