Jupiter Meta to direct 50% proceeds from its NFT sales towards non-profit organisation Akshaya Patra Foundation

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Jupiter Meta, an NFT-based Web 3.0 marketplace, has launched an art non-fungible token (NFT) to help boost society. The marketplace has worked with four artists to create a list of NFTs. The Jupiter Meta Marketplace has 22 digital works of art at prices ranging from 6,000 to 12,000 rupees. According to the company, 50% of the revenue from each NFT sale will be donated to the Akshaya Patra Foundation, a non-profit organization.

“Creating influence through initiatives that have the power to improve lives is an element of our focus. We look forward to connecting artists with social goals and allowing their ideas to transcend the media. “Manasa Rajan, CEO of Jupiter Meta, describes the project.

As Art NFTs are deposited in the user’s wallet, they get a zero value social token badge. This is also given to the artist who sells it. These tokens are intended to create social value and can be displayed on social media, used as stickers, or sent as a message asking others to participate in the program.

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Understanding the obstacles to mobilizing funds for a purpose and overcoming them through technology-enabled solutions can have implications, said Rambabu Kaipa, CTO of Jupiter Meta. “We want to connect people with their stories through the language of art and realize the possibility of personal contact with people,” he added.

According to Jupiter Meta, we held programs for social purposes, such as the icon of the Singara Chennai Wall Art Project to beautify Chennai’s public spaces. The latest project is part of the company’s efforts to break the recognition of the NFT marketplace as a medium of trade.

Jupiter Meta aims to connect artists and buyers for development in the areas of social change and engineering transformation.

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