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Gondwana Collection joins NFT market

Gondwana Collection joins NFT market

Staff Reporter

THE Gondwana Collection Namibia is branching out into the Non-Fungible Tokens (NFT) market, offering Namibian lovers an opportunity to purchase photos and videos of Namibian attractions from an NFT platform.

“As an innovative tourism company, we are breaking new digital ground offering Namibia lovers the opportunity to purchase an NFT for a personalized experience through videos showcasing iconic Namibian attractions. Photographs will also be made available soon,” Gondwana’s Public Relations Officer, Christiaan Jacobie, said.

NEW GROUND: Gondwana Collection Namibia is breaking new digital ground to offer people an opportunity to purchase NFTs. Photo: Gondwana Collection Namibia.

He explained that an NFT is a digital asset that has individual value or functions. Claim over the token, Jacobie added, will be ensured by blockchain, a decentralised database. He explained that the owner of the NFT will have the rights to the token’s metadata and content. This includes the copyright and all rights to create derivative works and all goodwill.

“Real assets such as videos or photos can be tokenised and the associated rights and obligations are transferred to the token. This means that ownership is digitally recorded and can therefore be traded. Since the NFTs contain important information that proves their uniqueness, the respective owner can be traced back and thus has the opportunity to assert his or her claim,” Jacobie explained.

Jacobie emphasised that Gondwana’s NFT platform was specifically created to showcase Namibia’s tourist attractions. He revealed that Gondwana will use OpenSea as a trading venue to sell the NFTs. These NFTs can be purchased with cryptocurrency or with a conventional payment method.

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