Credit: ownart.eu
On the occasion of Luxembourg's National Day on Wednesday, the newly founded Luxembourg-based startup Ownart released a special set of non-fungible tokens (NFTs).
The initiative is aimed at being the digital equivalent of physical coins that are released annually before every national day. These coins are mainly used as memorabilia and collectibles. However, while these metal coins do not rot, they can be lost or even thrown away.
The startup aims to remedy to this problem by launching a coin, or rather, a token, made for the 21st century and the blockchain age: a digital NFT.
“We were talking (with my colleagues) about NFTs, and the idea came, what if there was an NFT created for Luxembourg, based in Luxembourg. The timing was very good, with the Luxembourgish national day on 23 June”, commented Vlad Karl, Blockchain Expert and Co-Founder of Ownart. “We are actually providing 1,000 NFTs of 1,000 images with a serial number in an MP4 format. Hence, each MP4 is unique with its own serial number”.
The NFTs are available on ownart.eu as well as on eBay and other digital marketplaces. The startup also plans to sell coupons / gift cards that need be scratched off to reveal a unique code, which will give access to the associated NFT on ownart.eu.
This Luxembourg NFT is just the first step for the new startup. In the future, the company aims to be a European marketplace for NFTs, where European-based artists can put their art on the platform.
This article is based on information provided by Silicon Luxembourg.
