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Koorimo Art NFTs for a good cause!

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Koorimo Art NFTs for a good cause!

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FOOD BANK SINGAPORE INTRODUCES A COLLECTION OF HONORARY NON FUNGIBLE TOKENS

FBSG has launched NFTs for auction

FBSG has launched its first ever #NFTforgood. In collaboration with leading metaverse architects Smobler Studios, FBSG has released 3 sets of art NFTs featuring FBSG’s OG foodbanker, ‘Koorimo’. These NFTs have been put up for auction on OpenSea and each NFT is tagged with a unique utility that ties back to a FBSG initiative for our donors. The proceeds raised from the auction of the NFTs will go towards FBSG’s Bank Card Programme to support 10,000 beneficiaries with food and daily essentials.

“NFT is a cool and interesting way to use art to spread our messages. From ourmetaverse experiment, we hope to share lessons learnt with fellow non-government organisations (NGOs) so that they too can consider this space fortheir fundraising efforts,” said Nichol Ng, Co-founder of FBSG.

What are the 3 NFTs meant for

The following are the three honorary NFTs that will be featured. 

1. Masak Masak: What’s Cookin’?

What’s Cookin’ depicts Koorimo cooking up a dish at FBSG’s Masak Masak event. This token gives the holder privileged access to an exclusive 1 on 1 dinner chat with FBSG’s Phygital Ambassador, Yung Raja. 

2. Drive Hunger Away – From SG to Infinity!

This piece features Koorimo flagging off at the ‘Drive Hunger Away’ startline. This token gives the holder privileged access to conduct the official flag-off or be one of the first cars to drive off at FBSG’s annual Drive Hunger Away in October 2022. This year’s event will be the first ever regional event involving car clubs from Singapore, Malaysia and beyond! 

3. Tap a Meal, Tap to End Hunger!

This NFT art features Koorimo at one of FBSG’s Food Pantry 2.0 using a Bank Card to get access to food and essentials at the Food Pantry Vending Machines.The holder of this token will be granted the adoption of three (3) Food Pantry Vending Machines to be skinned and branded in his/her honour for up to one year. The holder may select the vending machine of choice from any of the 45 locations in Singapore and will get first hand involvement in the design of the skinning of the machine. 

Successful bidders will also be one of the first in Singapore to receive an honorary feature mention in FBSG’s Hall of Fame of Crypto-Philanthropists.

How to place a bid? 

Step 1: Set up Metamask Wallet (Click here for instructions if you need help with setting up your Metamask wallet)

Step 2:  Find our NFTs

  1. Head to OPENSEA.IO
  2. Search for “FBSG KooriMo NFT”

Step 3: Choose your favourite NFTs and join the auction!

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Going phygital with crypto and the metaverse

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The Food Bank Singapore to go phygital with crypto and metaverse

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To accept cryptocurrency donations, appoint phygital ambassador and launch NFTs

The Food Bank Singapore (FBSG) will be going phygital (a combination of physical and digital) and entering the realm of the metaverse.

On April 21, it will mark its metaverse debut with the auction of non-fungible tokens (NFTs) to raise funds to support 10,000 beneficiaries in Singapore with food and essential items for one year.

The honorary art NFTs will feature FBSG’s mascot KooriMo and include a unique utility to benefit and honour the successful bidder. The three sets are drawn by an artist from Smobler Studios, which will be appointed as FBSG’s metaverse partner.

Smobler Studios is a leading metaverse architect that owns Cobbleland in Sandbox, currently the biggest metaverse. Plans are underway to build KooriLand by FBSG along with assets that can be sold in the metaverse to raise funds to support the food bank’s mission of ending food insecurity in Singapore.

“We are piloting this move into the metaverse as a new way of fund raising. It’s an exciting new world that lets us experiment with different concepts and reach out beyond Singapore to a global audience. NFT is a cool and interesting way to use art to spread our messages. From our metaverse experiment, we hope to share lessons learnt with fellow non-government organisations so that they too can consider this space for their fundraising efforts. We also warmly welcome government agencies to work alongside us to make the metaverse a safe and secured mode of donation,” said Nichol Ng, Co-founder of FBSG.

Interested donors can take part in the honorary art NFT auction on OpenSea, which will be held from April 21 to April 24, 2022, 11.59pm.

Crypto donations and phygital ambassador

To align with the new economy and make it more convenient for a new generation of tech savvy donors, FBSG will be accepting cryptocurrency as donations. The innovative move will provide a new source of funds as well as set the pace for other charities to follow suit.

FBSG will also be appointing its first phygital ambassador on the 21st of April. His identity will be revealed at the auction event.

Celebrating a decade of feeding and fighting food insecurity

The move to phygital is part of FBSG’s 10th anniversary celebration, which began with a panel discussion on the findings of The Hunger Report Part II last month. A slew of activities in response to the findings will be held over the next eight months.

These include a S$12 million fund-raising campaign to provide 10,000 Bank Cards for 12 months to those in need. Recipients can use the cards at the targeted 1,000 food and beverage outlets that FBSG is onboarding under its Feed the City initiative. The cards can also be used at more than 60 vending machines dispensing food and daily essentials in Singapore.

FBSG is also creating a National Feeding Directory to make information on food aid more accessible and easily available. The directory hopes to unite all charities and programmes in Singapore on one platform.

“We are very happy at the ripple effect that we have managed to create within the ecosystem over the past decade. While we are still nowhere close to completing our mission of ending food insecurity in Singapore, we have come quite far in creating more awareness,” said Ng.

Join us at the media event as we unveil the Koorimo NFTs for bidding

Event Details

Date: 21 April 2022, Thursday
Time: 11AM to 1PM

The auction will be launched at a physical event. 

Register your interest to attend the auction here.

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