NFTs showcase Namibia’s wonders

With the creation of a non-fungible token (NFT) platform, Gondwana Collection Namibia is breaking new digital ground.It offers Namibians the opportunity to purchase NFTs for a personalised experience through videos showcasing iconic Namibian attractions. On the platform, payment is accepted either with cryptocurrency or the traditional way. According to Gondwana, photographs will also be made available soon. The idea to trade NFTs emerged from a conversation between Gondwana's managing director Gys Joubert and group digital manager, Bernd Grahl."We are often approached by interested parties who want to use our video or photo material without violating copyrights. On our new NFT website, we offer them the opportunity to buy videos and photos with all their rights from us."How do NFTs work?An NFT is a non-exchangeable digital asset. It therefore has an individual value or a specific function. 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. This is ensured by a decentralised database, the so-called blockchain, which is considered a very secure variant of data storage. The owners of NFTs enjoy all rights to the metadata and content; including but not limited to copyright, all rights to create derivative works and all goodwill," the company said in a statement.NFTs are offered on many trading venues on the internet. One of the best known is OpenSea, which is also used by the Gondwana Collection to sell its NFTs.To acquire NFTs, you usually need a cryptocurrency that is stored in a digital wallet."For anyone who enjoys new digital developments, this is a fascinating playground that has attracted a lot of interest and engagement, especially during the Covid-19 pandemic."On the Gondwana NFT platform, videos and photos can also be purchased via conventional payment portals.

NFTs showcase Namibia’s wonders

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Republikein 2025-05-05

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NFTs showcase Namibia’s wonders

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Republikein 2025-05-05

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