On October 17th, NFT project Next Earth announced that its $64,000 from the sale of virtual land will be donated to four environmental charity organizations.
The Ocean Cleanup, SEE Turtles, Kiss The Ground and Amazon Watch will each receive community-based voting funding.
The allocation of funds to these four charities is carried out in a DAO, which allows Next Earth’s community to decide how to allocate funds raised from virtual real estate sales. Virtual land funds are pre-allocated, and 10% of the total funds raised are allocated to charitable donations.
The Ocean Cleanup received the most votes and will receive 86 BNB, SEE Turtles will receive 24.57 BNB, and Kiss The Ground and Amazon Watch will each receive approximately half of the remaining 51 BNB.