September 18, 2021

This Non-Profit is Using NFTs to 30x their Fundraising Goal

This Non-Profit is Using NFTs to 30x their Fundraising Goal

History of the Luxembourg Peace Prize

The Luxembourg Peace Prize was initiated in 2012 to award outstanding peacemakers. Since 2015 the Luxembourg Peace Prizehas been a one-day event in Luxembourg, where we honor our Laureates and award prizes.

The Peace Chair NFT Series

In 2017, Duvan El Artista designed a sculpture for the Luxembourg Peace Prize. Duvan created a digital version of the chair for the LPP NFT collection. We then created 365 NFTs, each NFT being a different color combination.

We then built a website for the sale of the NFTs, which accepted credit cards, bank transfers and crypto payments.The NFT was launched on June 17, 2022, the day of the Luxembourg Peace Prize event with the goal of selling each NFT for 100euros (after gas fees) to raise over 30k euros for the non-profit, volunteer-based organization, and was a great success.