A non-fungible token (NFT) has been presented to Pope Francis, the spiritual leader of Roman Catholic Christians, as a non-fungible token (NFT) that will be available for purchase at Abu Dhabi Art this week for 150,000.
According to Arab News, the popular Pontifax carpet has been converted into a non-fungible token and will be displayed on a 65-inch digital canvas in a decorative gold frame.According to Fatima bint Muhammad bin Zayed Initiative, 80% of its income will go to Afghan bunkers and their families.
The carpet was originally presented by Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed to Pope Francis during a visit to the Vatican in September 2016, where the two leaders met to discuss strengthening existing diplomatic ties and promoting interfaith harmony. Had met
The only current version of the Pontifax carpet is owned by Pope Francis, but Moro Collecto created a non-fungible token to immortalize the artwork.
Maiwand Jabarkhel, CEO of Fatima Bint Muhammad Bin Zayed Initiative, said: Not only does this give us the opportunity to take our designs to the world stage, but it also opens up a new stream of revenue that will be invaluable to our artisans in Afghanistan, especially in light of the recent crisis. As the harsh winter approaches, the funds raised will go towards providing basic relief items to the most vulnerable people in Afghanistan."One of the great things about non-fungible tokens is that they give artists back autonomy, while at the same time allowing us to reach more people around the world," said Jane Stelco, Head of Design at MoroClitko. Because non-fungible tokens are not bound by geographical or physical changes.
He added: "Working with Fatima bint Mohammed bin Zayed Initiative has allowed MoroClitko to create non-fungible tokens from carpets designed by women in Afghanistan who are also benefiting from blockchain technology, which I have the potential to make a real and lasting difference. "
