How Tokenomics and NFT Art Galleries Help People with Autism Celebrate Their Creativity

People with autism often live their lives behind a shrouded veil, cut off from opportunities and appropriate support. Although we don’t often hear about it in the media, the disorder is more common than you might think. According to the Center for Disease Control and Prevention, one in 54 children in the United States was diagnosed with autism spectrum disorder, or ASD, in 2020.

Founded by Chris Bills and Richmond Sodokpo, AUTZ is the world’s first cryptocurrency network that allows people with autism to enjoy their extraordinary creativity by selling their artwork in the form of non-fungible tokens (NFTs). At the same time, AUTZ is revolutionizing the charitable sector by transforming one-off donors into engaged members of the community as token shareholders who actively participate in the success of the entire network.

Within three weeks of its launch in 2021, it brought together over 3,000 people and token holders from around the world. Additionally, Chris and Richmond recently donated $ 10,000 in AUTZ tokens to the “I Serve with Joy” charity.

Building a vision

Once a high-profile sales rep, Chris’s pandemic pivot has taken him head first into the world of cryptocurrency. He started learning about cryptography and the technology behind it about five years ago. It was, however, during the covid-19 pandemic that he began to truly educate himself and discovered how he could use the industry to benefit his environment, his family and friends.

Chris’ interest prompted him to contact a friend who told him about smart contracts and blockchain technology, two things he calls “the backbone of crypto.” After losing his job due to the pandemic, Chris started the Crypto Wealth Club, a community program to educate people about cryptocurrency.

The platform has opened many doors to the crypto space and has become a meeting point for entrepreneurs and business developers who have started teaching people about wallets and exchanges, which has helped the whole community. to go from zero to 1000. They gained knowledge and finally dove into the realm of smart contracts. These run on blockchain technology and are designed to receive and send transactions, as well as to create NFTs.

Token with a good cause

Eager to use the power of tokenomics and blockchain to make a positive difference and impact, Chris teamed up with Richmond, whose daughter is autistic, to build AUTZ. “We wanted to focus on something specific, not just charity in general. This is the moment when we connected the dots and used smart contracts to transform the beautiful paintings and drawings made by autistic children into NFT, ”says Chris. The duo began to develop a team with programmers, graphic designers and social media professionals who first came together as volunteers.

Having created a smart contract on the Ethereum blockchain to facilitate the purchase of AUTZ tokens, the company offers benefits to people with autism and rewards token holders. Ten percent of the token supply is earmarked for a charity wallet, which is then distributed to ASD charities in need of funding. During this time, three percent of the value of all token transactions are automatically redistributed to AUTZ token holders based on their asset weighting on a weekly basis.

When it comes to selling NFTs, Chris hopes that AUTZ will give autistic children a way to enjoy their creativity. “If a child with autism does a picture and we put it on the NFT market and sell it for $ 1,000, then that $ 1,000 will go directly to their organization. There are no third parties involved, ”he says.

Create a community

It’s safe to say that AUTZ combines community power and blockchain technology to create a self-sustaining stepping stone to economic success. There is no need for a subscription or registration, the token you buy is the donation. If the value of the token increases as the platform becomes more relevant, the holder ends up making money.

Chris points out that education and empowerment is an integral part of business, AUTZ not only wants to bring people together in a unique way, they also educate the community about cryptos like Bitcoin and Ethereum so people can start their own projects.

The company’s future goal is to continue to raise awareness and list AUTZ on major stock exchanges, so that the community can generate expansion, capital can grow, and the positive impact can be amplified.

About Margaret L. Portillo

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