Digital Entertainment Asset Pte. Ltd. (DEA) is launching the PlayMining Play to Earn Game “Impact NFT” GameFi donation initiative. So, its first product is the “Lucky Farmer” Be the Change! Impact NFT! DJhau” NFT collection.
So, the sale will begin on April 24, 2023, at 14:00 (UTC+8). The donation is made through GameFi and users can earn crypto assets by playing games.
🎉PlayMining, the Issuer of DEAPcoin, Announces Unprecedented Web3 Donation System: "Be the Change! Impact NFTs"
The first Impact NFTs will be sold for the #LuckyFarmer, which will provide support for a banana farmer in the Philippines.
🔗Press Release:https://t.co/VnXuiRLiFw pic.twitter.com/6Pc4MTh9Io
— PlayMining(official) (@PlayMining_SG) April 24, 2023
Purpose of PlayMining Impact NFTs
Firstly, Impact NFTs help make donations more accessible to younger people. The donation market still prefers older generations, and DEA wants to make a new way to show monetary support.
So, the main target is millennials and Generation Z, who are a lot more into crowdfunding and social contributions. Additionally, Impact NFTs aim to bridge the gap and offer easier ways to donate.
DJhau: First Beneficiary of PlayMining Impact NFTs
The first Impact NFT supports a banana farmer in the Philippines named DJhau. Players can use this Impact NFT to play “Lucky Farmer,” a PlayMining P2E game. 20% of DEAPcoin earned will go to DJhau’s wallet. DEA chose DJhau based on his passionate desire to help his family.
He started his banana farm after his company went bankrupt due to Covid. So, his family of 11, including nine siblings, was struggling to make ends meet, and he was looking for support. With this step, DEA hopes to support DJhau’s business and help his local community.
Comment from Co-CEO of DEA
According to Kozo Yamada, Co-Founder & Co-CEO of DEA, Impact NFTs are a new concept. He says it will change the world through Web3 games and help in sustainable social and economic activities.
Players can enjoy playing games and earning money while also helping people in need around the world. DEA aims to expand the said mechanisms that fuse games and fintech. So they can then spread the new possibilities of Web3 entertainment around the world.
Outline from PlayMining for Be the Change! Impact NFTs
The first product in “Be the Change! Impact NFT” is “Lucky Farmer, Be the Change! Impact NFT! DJhau” NFT. It is going to cost 10,000 DEP and will have a total sales quantity of five NFTs. The sale will begin on April 24, 2023, at 14:00 (UTC+8) and end on October 30, 2023, at 07:59 (UTC+8). Secondary trades are possible both during and after this period.