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    TeddyDAO’s Web3 Christmas Charity

    TeddyDAO, a non-profit Decentralized Autonomous Organization (DAO) on the Polkadot network, has unveiled its charitable campaign, “Teddy Christmas Campout,” featuring notable Web3 influencers such as Girl Gone Crypto, Data Dash, Lisa Edwards, Bulldog 1205, and SavageStudios. This initiative centers on auctions of Teddy NFTs curated by these influencers and encourages community engagement for a charitable cause.

    Charitable Season Celebration

    Spanning three weeks ahead of Christmas, the campaign involves influencers advocating for the auction of select Teddy NFTs alongside providing unique experiences for auction winners. All proceeds from these auctions are dedicated to charitable purposes.

    Ryan Haczynski, the ‘Head Teddy’ at TeddyDAO, expressed excitement about involving influential figures in the crypto sphere, highlighting the holiday season as an ideal moment to unite the Web3 community in acts of generosity.

    A distinctive feature of the campaign involves social challenges. TeddyDAO pledges a minimum of $2,000 towards charities, with additional donations contingent on community involvement in influencer-led auctions. Each auction has predefined social goals, the achievement of which unlocks further contributions to Just Giving charities. Bidders have the opportunity to influence charity selection by voting through their bids.

    Giving Back through Teddies

    The organization teased potential surprises from influencers, elevating the auction experience beyond acquiring Teddy NFTs.

    Participating in the Teddy Christmas Campout is straightforward. Interested individuals can stay updated through official announcements on Twitter and the influencers’ platforms. The auction process involves acquiring the $GLMR token, connecting to a crypto wallet, selecting a Just Giving charity to support, and placing a bid. The winning bid is converted to USD for donation, and the bidder receives the Teddy NFT.

    The auction mechanism secures the highest bid until surpassed, and if exceeded, the amount returns to the bidder’s wallet. The campaign will run from December 4 to December 22.

    TeddyDAO: Charity on Polkadot

    Collaborating with Just Giving, TeddyDAO employs NFTs to raise funds for over 400 charities. Operating on the Moonbeam platform within the Polkadot ecosystem and in partnership with Lucky Friday, TeddyDAO conducts daily auctions of Teddy NFTs, directing all proceeds towards charitable endeavors. The project aims to showcase the philanthropic potential of crypto and Web3, providing a secure and enjoyable entry point for newcomers to the crypto space.

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