Yuga Labs has found significant success in the NFT space, holding series’ collectively worth billions of dollars. The company is currently looking to give back to the community by donating to Miami music and education communities in Miami.
Giving back to the community
As revealed on November 23, 2022, the company will donate $150,000 to expand music and education programs in the Miami area. The initiative is led via a cooperation between Yuga Labs and NTS Live, a music discovery platform.
“The funds are being donated to Music Access Miami, an organization which like us, believes that at the core of healthy communities and thriving young people is access to consistent forms of self-expression, access to the arts, and access to music education,” explained a statement from Yuga Labs.
Today we’re proud to announce that Yuga, alongside the amazing team at @NTSlive, will be donating $150K to support the expansion of access to music programs and education for the youth of Miami.— Yuga Labs (@yugalabs) November 23, 2022
The donation is part of the company’s previous $1 M commitment to charitable causes, with Yuga Labs matching every dollar spent at Bored and Hungry. Bored and Hungry is a food store in Miami centered around the Bored Ape community. As stated in the announcement, every dollar spent at the restaurant in celebration of Miami Art Week will be donated to this good cause.
Yuga has also supported Miami’s art scene. The company lately donated a valuable CryptoPunks NFT to the Institute of Contemporary Art.