The Mosque NFT Project is a unique charity project on Ethereum, the world’s most active blockchain network and the home of NFTs. The project plans to mint a collection of 12,000 unique hand-drawn NFTs of the grandest mosques in the world.
Each mosque NFT will be unique and valued differently depending on how revered each site is in the real world. Specifically, there will be 65 types of mosques separated according to territories. The fewer the mosques from a given region, the more valuable there are in the open market.
The Kaaba Mosque NFT is the most valuable piece in the collection. The project has stated that the lucky user who mints the NFT will receive a special gift at the end of the mint. Also, user(s) who mint the most NFTs at each of the twelve rounds will be rewarded with a branded watch from The Mosque NFT exclusive partner, “Jacob & Co”. And once the collection is minted, raffles will begin, where holders of certain NFTs will receive worthy prizes from the team.
The Mosque NFT Project to Support over 10 Charities
In the same vein, The Mosque NFT project plans to use funding from the sale of the 12,000 NFTs to power their charity program and build mosques.
Concurrently, their objective will be to highlight the injustices people face because of their religion and how such stereotypes can be broken. Furthermore, their use of NFTs and Ethereum is sufficient proof that emerging technologies are widely acceptable in Islam, with over 1.8 billion followers worldwide.
The first NFTs will be minted from April 1st, 2022, with a floor price of 1 ETH. The floor price was at this price in light of the project’s objective of specifically raising funds to advance their charitable causes and build mosques.
Approximately 50 percent of proceeds from the sale will be used to help people and transferred to over ten charity funds, including Mila 4 Africa, One Nation UK, Save the Children, Give Directly, Mohammed bin Rashid Al Maktoum Knowledge Foundation, and more.
Additionally, part of the collected funds will be used to create the first NFT mosque in the metaverse, decided by the community.