Orica a funding platform teaming up with an NGO to help build a school in Uganda
Using NFT projects, lots of socially beneficial and impactful projects are coming out in the market whose whole purpose is social development, specifically in rural areas or regions. Among them, one such social and welfare development program is Orica. It is an ethical financing platform that supports the social and welfare development organisations as well as artists who are an integral part of and contributors to society by letting them create and sell NFT artworks.
Thursday at the AIBC Malta or Malta Blockchain and AI summit, Orica was launched, and also they announced their collaboration with an NGO that will drop NFTs at their platform. The funds from selling those NFTs will help in building a school in Uganda.
The name of the NGO is Bbanga Project, a charitable institute which is registered in Austria with a special NGO status in Uganda. The School will be built on Ssese Island, which is part of Lake Victoria, Uganda. The NGO has recently collaborated with a German digital artist named Mellowmann. Together they have released a collection of NFTs that have been inspired from The country Uganda. The aim of the NGO is to collect around 6000 euros which will help in completing the construction of the School.