Web 3.0 technologies are powered by smart contracts, and Funoon is a pioneer in the way in which smart contracts are creating opportunities for new forms of philanthropy.

Funoon not only allows creators to configure their own royalty payment for the subsequent sales and re-sales of their NFTs, the platform also allows creators to set a certain percentage of the resale price to go towards a charity wallet.

Our vision is for a world where creative arts, sports and culture can flourish in an economically viable manner, whilst simultaneously creating a positive impact for the less fortunate amongst us through Funoon Foundation.

How this works is that each NFT minted on Funoon has a soft-coded, configurable, percentage of sales that can be donated to charity. Once the NFT is created, each transaction of the NFT will deposit this charity donation into the Funoon Foundation Charity Wallet. These funds will then be distributed to registered charities working all over the world, and due to the way in which smart contracts work, donations will continue to be generated for decades to come each time the digital asset is traded creating a perpetual ecosystem of social impact. A key innovative feature in our platform, creating financially sustainable impact to charitable causes all over the world. This notion of giving back is hard-wired within our faith, and we are excited about the prospect of bringing soft-coding digital philanthropy.