# NFT Project: Community Feedback Requested **URL:** \ **Category:** Temp Check\ **Created:** [November 29, 2021, 6:29pm UTC](https://gov.vitadao.com/t/nft-project-community-feedback-requested/456 "2021-11-29T18:29:57Z")\ **Posts on this page:** 1\ **Showing post:** 18
**Author:** ![Savva](https://avatars.discourse-cdn.com/v4/letter/s/e95f7d/32.png) [@Savva](https://gov.vitadao.com/u/Savva)\ **Post date:** [December 5, 2021, 10:26am UTC](https://gov.vitadao.com/t/nft-project-community-feedback-requested/456/18 "2021-12-05T10:26:10Z")
The purposes behind NFTs and IPNFTs are somewhat different although they can both be combined with an artistic element to boost their value. I understand the purpose of IPNFTs is to allow fractionalised ownership rights to IP (such as RCT data and patent rights generated by a particular project), and provide the owner with rights to receive outcome or royalty payments proportional to their ownership. I had envisioned using artwork NFTs as a crowdfunding mechanism to raise a “public good” / longevity generic drug repurposing fund under a pay for success contract proposed in VDP-17: [VDP-17: CrowdFundedCures.org Partnership Proposal - Generic Drug Repurposing Social Impact Bond](https://gov.vitadao.com/t/vdp-17-crowdfundedcures-org-partnership-proposal-generic-drug-repurposing-social-impact-bond/459). The amount paid for the NFT would represent what someone would pay for an off-patent longevity intervention that has been shown to work in Phase 2 or 3 RCTs. Ideally, there would be a royalty paid into the generic drug repurposing fund every time the NFT is sold (e.g. 10-20%). Both IPNFTs and off-patent NFTs could be combined with artwork to boost their value, but this way, their value is also tied an investment in longevity R&D. It would be great to try and see if this would work with our proposed PFS model outlined in VDP-17 and also perhaps use the funds raised to support a Gitcoin round and leverage the quadratic funding to boost the amounts available in the longevity public good / generic drug repurposing fund. Of course, for this specific project, it might be a bit complicated and easier just to keep them as plain artwork NFTs / collectables. --- _[View the full topic](https://gov.vitadao.com/t/nft-project-community-feedback-requested/456)._