Home Blockchain BeKind Indonesia utilizes blockchain for fundraising through NFT

BeKind Indonesia utilizes blockchain for fundraising through NFT

BeKind Utilizes Blockchain for Fundraising in Indonesia Through NFT

Jakarta, Gizmologi – Non-Fungible Token or NFT utilities are growing for various needs, including social missions. This is what the blockchain-based social aggregator platform BeKind is doing. They just launched BeKind NFTBaik to facilitate the development of a social ecosystem that enables creative, transparent, and accountable fundraising, the first in Indonesia.

BeKind NFTBaik was launched through the OpenSea marketplace platform which has been accessible since 25 March. Fajar Jasmin, CEO, and Founder of BeKind, in a press statement received by Gizmologi, said that his party is aware that the current fundraising process often faces various challenges. Among them are high transaction costs, lack of transparency, and the possibility of manipulation of reporting on the distribution of funds.

“By using blockchain for social fundraising, we hope that donors and philanthropists in Indonesia will find an innovative fundraising solution that is more transparent and accountable. The tracking will also be more accurate and transparent,” Fajar Jasmin said.

Bringing fundraising innovations using blockchain technology, BeKind enables fundraisers and donors to help communities facing economic hardship in the midst of a pandemic or natural disaster, with more traceable, cost-effective, and secure distribution through an innovative ecosystem.

Fundraising can be done through the purchase of NFT digital works using a blockchain technology-based token exchange, which allows for more accurate data storage and a more transparent distribution of funds.

BeKind NFT Collaboration with Local Artists

BeKind NFT Gallery Good

BeKind NFTBaik’s digital works available on the marketplace are the result of the collaboration of a number of art actors facilitated by BeKind. A number of works that have been launched so far are collaborations between the legendary music group, KLa Project, and pixel art artist, Pinot W. Ichwandardi.

They launched a digital music video clip featuring a snippet of the song “Yogyakarta” with a special animation using retro technology. This is an innovation offered by BeKind because, for the first time, social fundraising was facilitated by organizing collaborations between NFT creators as digital works.

“We see a great opportunity for artists to survive and continue to produce their best works while at the same time contributing to helping others through the BeKind platform. The digital music that we collaborated with Pinot is the first step for us and other artists to take this platform further. In the future, we hope that other artists will be able to enliven this innovative social fundraising platform, BeKind, with their creations,” said Katon Bagaskara, vocalist of KLa Project.

In addition, other digital NFT music works that are already available on the BeKind NFBaik marketplace are the result of the collaboration between the Elements music group and pixel art artist, Pinot W. Ichwandardi, with the song “Power of Love”.

“The launch of our new single in the form of NFT is a gift that we gave to PARLEMENT (Band Element fanbase) for our 23rd-anniversary celebration in mid-March. We are delighted to be collaborating with Pinot for the release of our new single, and welcome the opportunity to help others. Hopefully, the purchase of our latest single NFT can inspire other artists to not only showcase their best work but also raise social funds through BeKind,” said Didi Riyadi, drummer for Band Element.

For Pinot, his collaboration with these two legendary Indonesian bands is an innovation that is beneficial not only for others but also for artists to survive in the midst of a pandemic.

“I have collaborated with musicians several times, but this is my first time collaborating with local musicians. I am very proud of the results of my collaboration with the KLa Project and Band Element because our digital creations pave the way for fundraising that can help others through the NFT marketplace from BeKind. I think this is the latest innovation that can encourage not only the improvement of the welfare of artists in the midst of the current pandemic but also help those in need,” said Pinot.

For future plans, BeKind will continue to organize creative collaborations with various artists in Indonesia in raising social funds that can help others.

BeKind is also currently developing the BeKind Hub social ecosystem so that fundraising can be more involved with various stakeholders, from fundraisers, and donors, to philanthropists.

The Indonesian version of this article can be read in Gizmologi.ID

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Tech journalist & blogger. Mobile photography enthusiast. Living in dangerously beautiful Indonesia.


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