Argentinian Freemasons want to put NFTs at the service of philanthropy

The Argentine Masonic Grand Lodge is the first Freemason affiliation to use Web3 technology in a philanthropic NFT collection.

The Argentine Grand Lodge of Free and Accepted Masons is getting into non-fungible tokens (NFTs), but with a philanthropic twist. The secret society is releasing 77 digital art NFTs under the CryptoMasons name, with proceeds going to local charities supported by the chapter.

According to the announcement, this is the first official NFT project supported by a local Grand Lodge. A Masonic Grand Lodge is the governing body of a given group of fraternal Freemasons in a specific region. Although this project comes from an Argentinian subsidiary, there are hundreds of them around the world.

The collection contains esoteric imagery linked to Masonic history and traditions, such as black and white checkered floors and the infamous square and compass symbol. Even the specific number of 77 NFTs available corresponds to a significant number in occultist traditions and spirituality.

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Behind this collection lie the philanthropic intentions of the Lodge, which donates part of the funds to local charities. The collection's website claims that the organization uses this collection, in part, to "elevate philanthropy to a new and unprecedented scale in the history of the institution."

Related: The New Philanthropic Frontier: How Web3 Could Democratize Giving

This is another NFT collection using the combination of Web3 technology and utility for philanthropy. Digital assets are used for purposes such as fundraising for