PR88806

AMSTERDAM, April 6, 2021 /PRNewswire=KYODO JBN/ --

- Popular nonprofit, The P.A.S.C.A.L. Foundation, becomes the first charity

foundation to enter the NFT ecosystem in a grand way

The P.A.S.C.A.L. Foundation is collaborating with its international partners to

drop several exclusive NFTs, IP, formats and NFT related projects for charity

throughout 2021. In a related development, the foundation will drop

P.A.S.C.A.L. [http://www.thepascalfoundation.org/], the first of many NFTs. The

debut project stands for "Play a Song Change a Life," and will include a

10-song collaboration album between 10 international DJs, producers and

recording artists and 10 digital artists.

Non-fungible tokens, otherwise known as NFTs, transforms digital works of art

and other collectibles into one-of-a-kind, verifiable assets that can be easily

traded on the blockchain.

Christie's auction house recently sold the first-ever NFT artwork — a collage

of images by digital artist Beeple, for a whopping $69.3 million. The concept

has also found its way into the media and entertainment world, with influencer

Paul Logan, rapper Tory Lanes, artist Grimes and DJ Don Diablo also racking in

hundreds of thousands to millions of dollars for their NFT drops.

However, the P.A.S.C.A.L. Foundation [http://www.thepascalfoundation.org/] is

taking it a notch higher with the launch of the first of many NFT drops to help

creative orphans and the needy in different parts of the world.

The foundation provides resources, mentorship as well as education on

sustainability, healthcare, nutrition, farming and entrepreneurship to assist

these children through their transition and journey from childhood to

adulthood.

"Our involvement in NFTs as a way of giving back through art and music is the

way of the future, international celebrities, artists and brands reaching out

to collaborate to help these kids is just the beginning of greater things to

come," said P.A.S.C.A.L. Foundation chairman/CO-founder, Stef van der Velde.

The one-of-a-kind P.A.S.C.A.L. [http://www.thepascalfoundation.org/] NFT will

be exhibited for auction through a specially developed NFT "Virtual/VR Art

Museum."

The foundation has announced plans to release several other NFT projects,

including "DIVERSITY KIDS," seven limited edition anime character cards

featuring seven characters from an upcoming animated kids series as well "SAVE

THE SCENE," special music and art initiative created to generate global

awareness, unity, alternative financial solutions and aid for the electronic

music scene, its DJs, clubs, live events, festivals and staff during and after

the COVID-19 pandemic.

For more information, please visit www.thepascalfoundation.org.

Photo - https://mma.prnewswire.com/media/1480643/Distraction_by_Beeple.jpg

Source: The P.A.S.C.A.L. Foundation