Couple made nearly $120k in under 6 hours selling NFTs to save their home

cnbc.com

5 points·amyjess··4 comments

This is just GoFundMe with a different payment mechanism.

yes, but example of good marketing thinking. Do you think they would gather 100k on gofundme? I doubt it

Thorne and Mandy are friends of mine, and I can tell you that they wouldn't have made this kind of money on GoFundMe because they already haven't. Thorne's had a GoFundMe up for ages, and Mandy regularly links her Venmo and CashApp asking for help. I've personally kicked money to both of them multiple times, even. Despite all of these, they were deep in the financial hole until these launched, with a foreclosure court date only days away.

I'm no fan of NFTs as a whole, but I am always going to support my friends doing whatever it takes to save their home. (part of why I shared this article even was to try and reconcile my general dislike of NFTs for my genuine happiness that my friends were able to pull this off)

> I can tell you that they wouldn't have made this kind of money on GoFundMe

Agree with you and GP. This is novel and it seems like you're rewarding someone for work instead of just giving them cash. I think ultimately NFTs will be used for this a lot more often.

> I'm no fan of NFTs as a whole

I think they're really stupid, and the carbon emissions issue bothers me, but if we can solve the environmental impact then... I don't see any harm.

I already consider the purchase of NFTs from artists (like musicians) as a kind of charity. If NFTs are kind of like a digital badge saying that you financially supported [artist/cause/organization], then I think they're great! A lot of people only give money for the status they get -- why not make it explicit and digital? I don't care what is actually in their heart as long as they give the money.

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