“The Anti-Human Trafficking Intelligence Initiative is honored to have Raymond’s expertise and partnership with firms like IEEE TEMS TC on Blockchain and DLT, which are fostering dialogue, sharing information and reporting activity in an effort to combat human trafficking through their relationships with other academic and research partners and the international blockchain community. The statistics on human trafficking globally shows an astonishing and alarming impact with the International Labour Organization (ILO) estimating that there are 40.3 million victims of human trafficking globally and that forced labor and human trafficking is a $150 billion industry worldwide. As public and private organizations continue to collaborate in the creation of a uniform front within the financial sector to fight human trafficking, we will see a true impact in the recovery of victims and prosecution of traffickers.” said Aaron Kahler, ATII Founder and Chief Executive.
The smart contracts that underpin NFTs mean that, unlike traditional art auctions, the original creators can ensure they take a cut of any future sales too. Most of the OG meme NFTs are being auctioned via Foundation, which gives a standard ten per cent share of any future sales to the person who minted the original NFT.