BeKind Launches NFT to Facilitate Social Fundraising

-based aggregator platform blockchainBeKind officially launched NFT digital work to facilitate social fundraising in Indonesia. BeKind collaborates with KLa Project musicians, Elements, and artists pixel art Pinot W. Ichwandardi.

In his official statement, BeKind's NFT is claimed to be the first NFT in Indonesia that allows fundraisers and donors to help people experiencing economic difficulties due to the Covid-19 pandemic and natural disasters by channeling funds that are more traceable, cost-effective, and accountable.

By purchasing NFT digital works using a token-based exchange blockchain, the data storage process is more accurate and the distribution of funds is more transparent. Meanwhile, BeKind NFT was launched through the platform marketplace OpenSea accessible from March 25, 2022.

"We are aware that the fundraising process often faces various challenges, such as high transaction fees, lack of transparency, and the possibility of manipulation of the disbursement report. With technology blockchainWe hope that donors and philanthropists in Indonesia have innovative, transparent and accountable fundraising solutions," said BeKind Founder and CEO Fajar Jasmin.

In the first collaboration, KLa Project collaborated with Pinot to produce a music video clip featuring a snippet of the song "Yogyakarta" using retro technology in its animation. Similarly, the Element band, which hired Pinot to launch the song "Power of Love" in the form of NFT.

"I have collaborated with musicians several times, but this is my first time collaborating with domestic musicians. I am proud of the collaboration with KLa Project and Element to pave the way for fundraising. I think this is the latest innovation that can encourage, not only increase the welfare of actors art in times of a pandemic, but also for those in need," said Pinot.

For your information, all NFT digital works available on marketplace is the result of collaboration with a number of artists facilitated by BeKind. In the future, BeKind will continue to collaborate with various artists in Indonesia to raise social funds.

His party is also developing the BeKind Hub social ecosystem to expand access to fundraising by involving various stakeholders. All published digital works of BeKind can be accessed via the following link this.

Fundraising issues

In a previous interview with DailySocial.id, Fajar once revealed that there are two issues that are often encountered in the fundraising process, namely the standardization of funds quoted by charities and how charities can have sustainability.

Citing a statement from the Ministry of Social Affairs, charities are not allowed to keep the profits obtained after distributing aid to donor recipients.

The above factors are important considering that fundraising has also been embedded in the social culture of Indonesian society. This is because the World Giving Index (WGI) 2021 published by the Charities Aid Foundation (CAF) reports Indonesia as the most generous country in the world with a score of 69%, up from a score of 59% in the last annual index in 2018.

These things underlie the establishment of the BeKind platform which is claimed to be a project blockchain the first in Indonesia to develop an accurate, transparent and measurable social/donation ecosystem. In Indonesia, BeKind collaborates with a number of platforms, such as tokocrypto and WeCare.id.