Yuga Labs has achieved great success in the NFT space, collectively holding a collection worth billions of dollars. The company is now trying to give back to the community by donating to Miami’s music and education community.
giving back to the community
As announced on November 23, 2022, the company will $150,000 Donation Towards expanding music and educational programs in the Miami area. The initiative is led through a partnership between Yuga Labs and music discovery platform NTS Live.
According to a statement from Yuga Labs, “Funds will be donated to Music Access Miami. Music Access Miami believes that, like us, at the core of healthy communities and thriving youth is access to consistent forms of self-expression, access to the arts, We believe in access to music. Education.”
Today we are proud to announce Yuga with an amazing team. @NTS livewill contribute $150,000 to expand access to music programs and help educate Miami’s youth.
— Yuga Lab (@yugalabs) November 23, 2022
This donation is all part of the company’s previous donations. $1 million pledge For charity, together with Yuga Lab Match every dollar spent on Bored and Hungry. Bored and Hungry is a Miami-based food outlet centered around the Bored Ape community. As the announcement said, every dollar spent at restaurants during the Miami Art Week party will be donated to this cause.
Yuga also supports the Miami art scene. The company recently donated his prized CryptoPunks NFT to the Museum of Contemporary Art.
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Tokoni Uti has written extensively on blockchain and cryptocurrencies over the years. Her work has been featured on sites such as BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.