• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Is The Approval Of Crypto ETFs At Risk? SEC Operations Frozen By Gov. Shutdown
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Is The Approval Of Crypto ETFs At Risk? SEC Operations Frozen By Gov. Shutdown

The Mosque NFT Project to Mint 12,000 Mosques on Ethereum, to Support Over 10 Charities

Bitcoinist
by Bitcoinist
3 years ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Increasingly, charities worldwide accept crypto donations and are even experimenting with equally exciting opportunities in NFTs to further their novel causes. Cryptocurrencies and NFTs are a global phenomenon launching from public chains such as Ethereum and the BNB Chain, facilitating the free flow of funds and enabling true ownership of digital assets with on-chain provenance.

The Mosque NFT Project on Ethereum

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. 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 rise of NFTs

Since the activation of the first NFT projects like CryptoKitties on Ethereum, blockchain-based technologies continue to find impressive applications. 

Besides guaranteeing owners true ownership with solid proof on the transparent blockchain, NFTs—more like cryptocurrencies—are being used to spread awareness and transmit messages across the globe about specific topics. 

Because of their digital existence and borderless nature, charities are gradually opting for blockchain-based innovations as a choice medium to receive donations, allowing users to support causes that they hold close to their hearts.

$12.3 Million of NFTs Donated in 2021

According to an annual report by The Giving Block, the total yearly crypto donations in 2021 soared over 15X compared to 2020. On average, it was observed that the average crypto donation stood at $10,455 as opposed to cash donation at $128. 

Researchers further suggested that NFTs would be a significant development in the donation landscape, projecting based on the number of participants contributing using rare and valuable NFTs and support from some of the world’s most popular NFT projects like the Bored Ape Yacht Club (BAYC). 

By the report’s findings, individuals and projects donated slightly over $12 million of NFTs in 2021 alone.

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.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Follow

Bitcoinist is the ultimate news and review site for the crypto currency community!

Full Profile

Related Posts

New Derivatives Product from MEXC Combines Inclusive Trading and Earning Opportunities

New Derivatives Product from MEXC Combines Inclusive Trading and Earning Opportunities

2 weeks ago
MEXC Rolls Out Multi-Asset Margin Mode for Futures Trading Across 14 Tokens

MEXC Rolls Out Multi-Asset Margin Mode for Futures Trading Across 14 Tokens

3 weeks ago
How to Survive the Boring Breakthrough That Could Cost Banks Billions

How to Survive the Boring Breakthrough That Could Cost Banks Billions

3 weeks ago
Roger Ver on AI in Crypto and What It Means for His Altcoin Outlook

Roger Ver on AI in Crypto and What It Means for His Altcoin Outlook

3 weeks ago
Toobit Joins Solana APEX – Singapore as Titan Sponsor

Toobit Joins Solana APEX – Singapore as Titan Sponsor

1 month ago
crypto

Crypto Within Reach: Why a Local, Regulated Exchange Matters

1 month ago
Please login to join discussion

Premium Sponsors

Press Releases

  • The Quiet Market Shift Investors Might Be Missing: How Tapzi Is Challenging Institutional Favorites

    The Quiet Market Shift Investors Might Be Missing: How...

    3 days ago
  • Investors Search for Long-Term Upside in This Under-$0.01 Crypto of 2025 Tapzi

    Investors Search for Long-Term Upside in This Under-$0.01...

    3 days ago
  • MoonBull Presale Explodes with over 11,800% Projected ROI as Uptober Sends the Market Soaring

    MoonBull Presale Explodes with over 11,800% Projected ROI...

    3 days ago
  • 狗狗幣引領『Uptober』Meme...

    3 days ago
  • ตัวละคร Snorter ขนฟูโต้คลื่นบนเซิร์ฟบอร์ดสีชมพู

    จับตา Uptober!...

    4 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.