SAN DIEGO–(BUSINESS WIREThe Impact Collective has announced new tech features on its NFT marketplace that solidify its position as a one-stop shop for nonprofits to buy, sell, and resell digital collectibles. To reach more donors, The Impact Collective is now offering redeem QR codes for donors to receive free commemorative NFTs. To accommodate the work of a well-known artist or a large-scale publication, The Impact Collective has also added the ability to ship multiple editions of a single NFT.
La Jolla Playhouse was The Impact Collective’s first partner to provide redemption codes in exchange for NFTs to donors for its Innovation Night 2022, which brings San Diego’s community of high-tech entrepreneurs to the world-famous theatre. The limited edition commemorative NFTs provided a unique way to thank donors associated with the innovation economy.
“With a focus on inventive and adventurous art, we have partnered with The Impact Collective to offer limited edition digital collectibles for our annual Innovation Night fundraiser. This exciting collaboration resulted in a one-of-a-kind “souvenir bag” for guests that offered a timeless artistic asset that could be sold or traded,” said Debbie Buchholz, Managing Director of La Jolla Playhouse.
These new features complement The Impact Collective’s core accessibility features, such as a simple NFT wallet registration process and a marketplace that accepts crypto and credit card payments. All in all, The Impact Collective is the only platform that provides all of these features.
“The addition of these features makes The Impact Collective the leading platform for nonprofits to sell NFTs,” said Neil Centuria, CEO of the company. “The Impact Collective is unique not only in the breadth of its offerings, but also in the overall ease of use available to all types of donors.”
Following The Impact Collective, which launched the NFT for Second Chance to raise funds to support mental health, addiction and vocational training programs, the online exhibit featured the work of established artists such as Tony Koncep, Saxon Chang and Richard. Ybarra, along with art created by Second Chance alumni.
The NFT market is expected to generate $3 billion in revenue this year and grow by more than 30% in the next 5 years, according to a recent Research and Markets economic forecast. This growing market provides an excellent opportunity for non-profit organizations to find new donors who may be interested in donating through the purchase of NFTs. NFTs for charity are likely to become a well-established practice, comparable to how crypto has already been adopted by well-known non-profit organizations such as the American Red Cross and UNICEF.
More about Impact Collective: Acquired through The Impact Collective, a San Diego-based software company, NFT has an immediate and direct impact on nonprofits and artists alike. Combining the popularity of NFTs with an accessible marketplace where payment can be made with a regular credit card, The Impact Collective helps nonprofits raise funds for projects that help members, create art, and impact the community.
More about La Jolla Theater: La Jolla Playhouse is a place where artists and audiences come together to create something new and different in the American theatre, from Tony Award-winning productions to creative programs for young audiences and interactive experiences outside our theater walls. The theatre, founded in 1947 by Gregory Peck, Dorothy McGuire and Mel Ferrer, is currently led by Tony Award winner Christopher Ashley, artistic director of the La Jolla Theater from a wealthy family, and managing director Debbie Buchholtz. The Playhouse is internationally renowned for developing new plays and musicals, including hosting 105 world premieres, commissioning 60 new productions and sending 33 productions to Broadway, including the hit musical. Come from afar – won a total of 38 Tony Awards, as well as the 1993 Tony Award for Outstanding Regional Theatre.