David Chapman, founding father of Teddy DAO, informed CoinDesk that the mission was impressed by an NFT sale he performed final 12 months, the place he offered a one-of-one collectible and raised $15,000 for humanitarian support group UNICEF. He famous that this occasion not solely highlighted the demand for NFT-backed charity donations but additionally indicated that the strategy may very well be used to onboard folks new to Web3.