NFTs Return to Minecraft, Coinbase Provides ENS Usernames
- Vulcan Forged game studio closes $8 million Series A round led by Skybridge Capital
- Bored Ape Yacht Club and Azuki NFTs have had the top NFT sales within the last seven days
NFTs for healthcare
NFTs are tackling the UN’s sustainable development goals.
The Women in Innovation Fund (WiN Fund) is using the proceeds from NFTs sales to invest in women-led healthcare startups in Africa, addressing the UN’s third such goal — good health and well-being.
NFTs for good causes is a growing concept, and the benefits of blockchain for healthcare and democracy are being explored in countries with unstable leadership.
Women are more attuned to the healthcare needs of their community, according to Corinne Momal-Vanian, the executive director of the Kofi Annan Foundation. “Women entrepreneurs – from what we’ve seen in Africa — can drive innovation, can drive efficiency and can really have a place in the healthcare ecosystem that governments cannot fill,” she said at a UN-adjacent roundtable discussion in New York this week.
Representatives from the World Health Organization and the World Economic Forum also participated.
WiN Fund’s co-founder Pradeep Kakkattil, reminded the audience of an “unacceptable” statistic: Only 2% of venture capital investments globally go to women-led enterprises, despite the fact that women-led businesses deliver 35% higher returns and create 6 times more jobs.