Meta, Taiwan LGBT group launch NFTs for upcoming pride

Meta is collaborating with a Taiwan LGBT advocacy group and a local cryptocurrency exchange to issue charity non-fungible tokens (NFTs) on Oct. 29 as part of the Taiwan Pride celebration.

See related article: Taiwan singer Annie Yi taps LGBT NFTs with artist son to advocate inclusion

Fast facts

• Meta, Taiwan Tongzhi Hotline Association and ACE Exchange are set to issue 304 NFTs dubbed “[email protected]” that feature drawings of bubble tea, a signature beverage in Taiwan.
• The project will start the minting process on Saturday with each NFT priced at 0.05 ETH (US$74.70), and the profits will be used for the operation of the LGBT non-profit organization, according to its event page.
• Taiwan LGBT+ pride parade will take place in Taipei on Oct. 29 to celebrate its 20th edition.
• Taiwan legalized same-sex marriage in May 2019, making it the first country in Asia to do so.

See related article: New York City pride parade will also be marching through the metaverse