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From FOMO to JOMO: Web3 Mental Health Collective Peace Inside | CRYPTOGALACTIC

From FOMO to JOMO: Web3 Mental Health Collective Peace Inside Live Launches NFT Collection

Digital mental health collective Peace Inside Live is releasing a wellness-inspired non-fungible token (NFT) collection to raise funds for mental health in the Web3 space.

The company is teaming up with 11 partners, including alternative wellness advocate Deepak Chopra’s metaverse organization Seva.Love, TIME magazine’s Web3 arm TIMEPieces, crypto domain provider Unstoppable Domains, digital artist Adam Bomb Squad and NFT platform House of First, to release the JOMO Effect NFT collection in honor of May’s Mental Health awareness month.

With over 40 creators contributing digital art works to the collection, the tokens are available to mint as an open-edition on Polygon through marketplace Magic Eden for 24 MATIC, or about $21, for the next 24 hours. The “Joy List,” or allow list, opened for three hours preceding the public mint at 20 MATIC, or about $18.

Minting a JOMO Effect NFT donates primary sale profits to five mental health charities, including the American Foundation or Suicide Prevention. Collectors can also participate in Chopra’s Soul of Leadership course, access to Peace Inside Live’s meditations and mindfulness materials, claim a 30% discount for an Unstoppable Domain, and more.

JOMO, or the “joy of missing out,” is a term that emerged to counteract FOMO, or the “fear of missing out.” It’s been a prominent conversation in the Web3 space as collectors have been eager to “ape” into collections, attend events and be omnipresent in the NFT space in hopes that they don’t miss the opportunity to turn a profit.