• Mon. May 20th, 2024

Partisia Blockchain & Red to Host NFT Drop to Fight Covid & Fund Pandemic Relief

Every NFT sold can help 20 people access life-saving vaccines 

ZUG – Partisia Blockchain, an internet privacy infrastructure developed for the greater good, and (RED), the pandemic fighting organization co-founded by Bono and Bobby Shriver, are joining forces to help raise money to support urgent and equitable access to COVID-19 relief in response to the ongoing and devastating impact of the virus in the world’s poorest countries.


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On May 23rd, the two organizations are commissioning some of the hottest artists in the NFT space, including Adamtastic, ArinaBB, Saif Chilmiran, David Filer, Jakub Malec, MrSeaks for a special one-week-only NFT drop that will raise funds to fight COVID-19 in Africa where countries continue to focus on addressing urgent vaccination demand and delivery challenges. Every NFT sold can help roughly 20 people access life-saving vaccines. 100% of proceeds of every first sale will support the Global Fund’s COVID Response Mechanism and the Gavi COVAX Advance Market Commitment (AMC) and thanks to generous matching funds made available through Global Fund and Gavi sponsors, every dollar raised through this partnership will be doubled. The first edition NFT sale, including full utility benefits, will only be available for purchase in non-US markets.

Learn more about the NFT drop here.

The Partisia Blockchain Foundation is also offering ongoing utility for the holders (owners) of the NFT’s which are purchased with the donation. NFT holders will be granted early access to the Partisia Blockchain public launch on May 31, as well as guaranteed access to future UN Sustainable Development goal projects which are currently under development, such as the “Healthies” project; A counterfeit medicine detection platform which runs on the Partisia Blockchain and aims to eradicate the $200 billion dollar per year counterfeit medicine trade in Africa.

“As life slowly returns to normal in wealthy countries, COVID-19 continues to have a devastating impact on the world’s most vulnerable and the fight against other preventable diseases like AIDS. That’s why we’re harnessing the power of NFT’s to turn tokens into therapeutics, tests and vaccines to fight COVID-19 and save lives in the world’s poorest countries,” said Jennifer Lotito, President and COO of (RED). “(RED) is grateful to partner with Partisia Blockchain in this exciting new endeavor and help bring urgent relief to those who need it most.”


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Commenting on the partnership, Dr. Kurt Nielsen, Co-Founder and President of Partisia Blockchain, said, “Our technology at Partisia Blockchain is developed with the goal of helping tackle some of the world’s largest problems, including advancing the UN Sustainable Development Goals. (RED)’s commitment to global health and combating inequities and injustice is closely aligned with our values at Partisia Blockchain and we are honored to partner with them as we work together to help make the world a better and safer place.”

The Partisia team has previously developed and operated high stake governmental auctions. A pioneer in the space, Partisia Blockchain’s technology is highly effective when used in NFT auctions, as it not only provides an infrastructure for the auction itself, but it ensures effective verification throughout the supply chain from creation to sale.

The Partisia Blockchain Foundation is building open source technology with a focus on helping solve the United Nations Sustainable Development Goals. Funding received by the foundation is used to build technology that helps detect counterfeit medicines in the developing world, replaces traditional cash funding in crisis zones with digital cash that is easier to track and reduce corruption, and secures patient healthcare records. 2021 has seen the company make significant strides. As well as a $48 million raise, earlier this year Partisia Blockchain secured a grant from the EU-funded Next Generation Internet Trust (NGI Trust) to help develop a new alternative search engine, as well as launching Instars, a decentralized social media platform that guarantees individual control over data and allows members to earn rewards for their time and data.

About (RED)

(RED), named for the color of emergency, was founded by Bono and Bobby Shriver in 2006 to turn companies into a cavalry to fight the AIDS pandemic. Today, that cavalry is also fighting the urgent threat of COVID and its devastating impact on the world’s most vulnerable communities, answering the need for a truly global response.

(RED) partners with the most iconic brands and people to create (RED) products and experiences — all of which raise money for the Global Fund, one of the world’s largest funders of global health. (RED) partners include: Amazon, Anova Culinary, Apple, Balmain, Bank of America, Beats by Dr. Dre, Buffalo Games, Claro, eos, Girl Skateboards, The Honey Pot Co., Louis Vuitton, Mavin Records, Montblanc, Primark, Salesforce, Starbucks, Telcel, Therabody, TRUFF, U-Mask, Vespa and FIAT, Jeep and RAM. (RED) Supporters include: Merck and Roche.

To date, (RED) has generated over $700 million for the Global Fund, helping more than 245 million people. The money raised by (RED)’s partners and campaigns goes directly to strengthen health systems and support life-saving programs in the communities where pandemics hit hardest.

About Partisia Blockchain 

Partisia Blockchain is a Web 3.0 public blockchain built for trust, transparency, privacy, and speed of light finalization. The cutting-edge solution to decentralization, confidentiality and privacy challenges, Partisia Blockchain represents the first successful complete integration of blockchain technology with another commercial grade type of distributed cryptography known as Secure Multi-Party Computation (MPC). This combination of Distributed Ledger Technology (DLT) with privacy-enhancing software allows enterprises to experience the advantages of decentralized technologies while still guaranteeing that data remains private and secure.

A pioneer in the space, Partisia Blockchain was founded by Partisia, the world-leader in commercial applications of Secure Multi-Party Computation, who have been bringing cutting-edge commercial-grade MPC software solutions to global enterprises since 2008. The team counts a number of well-known industry luminaries among its ranks, including world leading cryptographers, developers, and entrepreneurs. For more, visit https://www.partisiablockchain.com/#/

 


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Kevin Moore - E-Crypto News Editor

Kevin Moore - E-Crypto News Editor

Kevin Moore is the main author and editor for E-Crypto News.