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by graeme 1877 days ago
And if someone else bids more, is that the only money that goes to Noora? i.e. PG’s bid is voided
1 comments

Yes, only the winning bid would go to Noora. However, there would be a record of any other bidders' intent.

With a bit more of creativity/effort, someone could have created a smart contract for keeping track of all the donations and only releasing them once they reach a certain threshold, then giving a token back representing a "life saved" to donors if they truly wanted, but I get capitalizing on NFTs' hype right now.

Most charities already give you pdf certificates recording how many lives you saved with your donation. What's the point in having an NFT instead of just a pdf?
> What's the point in having an NFT

> > > it's riding the hype of NFTs more than anything.

The point is hype-based advertising. As people have been repeatedly pointing out all over the thread.