Wednesday, October 13, 2021

Fortune launches philanthropic fund for journalism on Ethereum By Cointelegraph

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Fortune launches philanthropic fund for journalism on Ethereum

American enterprise journal Fortune has launched a brand new decentralized donations fund alongside nonfungible token (NFT) artist Pplpleasr, with proceeds earmarked for unbiased journalists and packages that foster journalistic integrity.

The brand new Fortune Journalism PleasrFund was launched on the blockchain by Endaoment, a charity-focused decentralized autonomous group, the corporate introduced Monday. Thus far, the fund has been allotted 214.55 Ether (ETH), price roughly $660,000 at present costs, which represents half of the proceeds of a restricted version Pplpleasr NFT sale commissioned by Fortune that concluded in August.