4 minute read
Devil Dogs is Using Crypto for Good
By Supporting Veteran Health Initiatives
Confused about NFTs/blockchains/cryptocurrency/ Web3? Is it a scam or legit? DVL.DGS (Devil Dogs) has some answers.
The DVL.DGS (Devil Dogs) Cause-Driven Crypto Club is out to harness the confusing world of Web3 for good—and its first campaign is supporting veteran nonprofits. Dave Grannan, a USMC Gulf War veteran and tech executive, launched the DVL.DGS NFT (NonFungible Token) collection on October 1, with all profits going to veteran wellness nonprofits.
Non-Fungible Token?
“Token” means a digital file. “Fungible” means “interchangeable.” So NFTs are “not interchangeable digital files” meaning no two are alike. Each is unique.
The DVL.DGS NFT collection features 1775 unique bulldog warrior digital art pieces commemorating the U.S. Marines. Here are a few examples. Note each is unique—it may be a man or a woman, it may have desert or woodland camouflage, each is a different color, it may or may not have a collar or tattoo, and it can be any rank.
They are selling for $65 each (.05 ETH), and all profits go to four veteran-related nonprofit partners. When you “buy an NFT” you are buying a unique digital artwork. Think of it like buying a challenge coin where the profits go to charity, but you are donating by buying a digital good.
OK, so what am I really buying and why are NFTs better for charitable causes than a physical challenge coin?
Here’s some background:
- NFTs are digital goods with ownership recorded on a “blockchain.” A blockchain is a large network of computers managing “who owns what” collectively with no one organization in charge. This Veterans Day, support our Veterans with a DVL.DGS NFT!
DVL.DGS:
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- Cryptocurrencies like Bitcoin or Ethereum are built using blockchains, and people can buy and sell digital goods (NFTs) built on top of blockchains. (DVL.DGS is built on the Ethereum blockchain.) - Web3 refers to the next iteration of the internet, which incorporates all the above.
With DVL.DGS, Grannan is bridging conventional donation-based fundraising with the world of NFT This Veterans Day, support our Veterans with a DVL.DGS NFT! technology. All profits go to the Irreverent Warriors, The 38 Challenge, Marines’ Memorial Association & Foundation, and the San Diego Veterans Coalition— all chosen based on their mission and willingness to embrace cutting-edge technology. Buy with a credit card or mint one from the DVL.DGS website. Go to www.devildogs.io to learn how the DVL.DGS Cause-Driven Crypto Club is supporting health initiatives for service members past and present. All profits go to four non-profit charities, including the San Diego Veterans Coalition.
- The most popular site for buying NFTs is www.opensea.io — an “Ebay” for NFTs. - NFTs are a great fit for charitable causes for two reasons: transparency and annuity income. Contrary to the perception that cryptocurrency is used by criminals to hide their activity, the reality is every blockchain transaction is transparent. Donors can see in real time how much money is being raised. Plus, every time NFTs are resold on OpenSea, the original creator receives a royalty that goes back to the charities.
DVL.DGS, based in San Francisco, was born from the intersection of Grannan’s frustration at the lack of adequate support for veterans and his interest in blockchain technology. “Though our government is now acknowledging our troops’ exposure to toxins, more needs to be done,” says Grannan. “I have firsthand experience with exposure. I was there when the oil wells burned at Saddam Hussein’s order. I remember my young DVL.DGS: USING CRYPTO FOR GOOD Marines asking if they should take the experimental anti-nerve agents. Unfortunately, for many who served, devildogs.io the mental and physical issues linger.” to Learn More - Most NFTs must be purchased with cryptocurrency— but DVL.DGS allows donors the option to buy with a credit card if they want to explore crypto before committing. To learn more about DVL.DGS, visit www.devildogs.io, or email them at info@devildogs.io.
DVL.DGS: USING CRYPTO FOR GOOD
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