The Mosque NFTs to Mint on Ethereum, Buyers Can Win a “Jacob & Co” Branded Watches
Non-Fungible Tokens (NFTs) took off in 2018 with CryptoKitties. However, most don’t know that the NFTs appeared in 2014 before changed the blockchain landscape with smart contracts. NFTs are unique creations allowing users to own digital assets with on-chain provenance. By tokenizing an art piece, for instance, and minting on the blockchain, the artist bypasses the limiting terms and conditions set by the auction house, directly connecting with global clients.
NFTs: Bridging the Digital with the Physical
The primary reason why NFTs are being embraced is the win-win situation it creates for leveraging parties. For what NFTs present, the sphere is rapidly growing and already commands billions.
By the end of the year–and with the integration of NFTs in various processes, even in the real world, like gaming, art, and donations–, the industry is projected to be worth billions more.
Introducing The Mosque NFTs
The creators of The Mosque NFTs are aware of the powers of this new revolutionary technology. They plan to release minting for 12,000 mosque NFTs on the Ethereum blockchain. Their choice of Ethereum is by design.
The pioneer smart contracting platform is the home of DeFi and NFTs and has seen billions of assets securely deployed on the network by thousands of projects and users. At the same time, Ethereum boasts of a well-developed infrastructure and ecosystem comprising wallets, protocols, and active developers. This support system makes it easy for active users to acquire assets without necessarily bridging or going an extra step like they would if The Mosque NFTs were minted in another network.
Supporting Charities and Building a Mosque
The project has said that proceeds from the sale of the 12,000 mosque NFTs will be funneled to charity funds and building a mosque—physically and in the metaverse.
Concurrently, as the first minting and auction begin on April 1, 2022, the…
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