The nonprofit world is due for innovation. Anyone who’s ever worked at one will agree. Technology has propelled business growth in sectors like agriculture, transportation, and healthcare. Meanwhile, nonprofit organizations in the same industries struggle to expand fundraising and recruit top talent. Blockchain technology can be one way for nonprofits to secure fundraising opportunities in a fast, secure, dynamic, and transparent way.
The world is changing fast, and mission-driven projects need to move along at the same speed. With the advent of NFTs, DAOs, and distributed ledger technology, nonprofits can expand their impact and increase donor retention. Here’s how.