Articles on: Store Features

How to share a part of sales proceeds with Charity

NFT marketplaces could be great platforms for raising funds and strengthening the weaker communities or the other way around is donating a part of the NFT sale to charity. Many organizations have started accepting crypto donations. NFTs have allowed charities, celebrities, and individuals to auction off their digital assets, with all or some part of the proceeds going to a charity of their choice.

The following steps will help you to donate a part of your business proceeds to charity:

To start with, go to your store's website. Now click on the avatar-like icon at the top right of your screen, and a drop-down menu will appear. Click on ‘My NFTs’.

Here, under ‘NFT Items’, click ‘My NFTs’. Now select and click on the NFT you want to sell.

The NFT will be flashed on your screen. Just below the NFT, there is a ‘Sell’ option. Click on that.

You can choose any one of the given options to sell your NFTs. Note that you will have the Charity option for ‘Set Price’ and ‘Auction’. Once you have selected the option to sell your NFT, scroll down, and at the bottom right you will see the ‘Charity’ option.

Under the ‘Charity’ option you will have to mention the charity name and the percentage of what you want to donate. Also, mention the charity link along with the charity logo.

Just by following these simple steps, you can easily share a part of your sales with charity.

Updated on: 20/04/2023

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