Uganda Museum companions with software program growth firm to create NFTs for show on Binance Market – Altcoins Bitcoin Information – Bitcoin Information

0

One of Africa’s oldest museums, the Uganda National Museum (UNM), will create digital representations of the unique artifacts on display at this facility. In collaboration with software development company Murcom, Uganda’s largest museum is expected to display and auction the digitally represented items on Binance’s non-fungible token (NFT) marketplace.

Artifacts from the National Museum of Uganda become NFTs

According to Murcom’s contribution to Medium, the “blockchain-based digital representations of the various objects in the museum’s care” are created using the software company’s MUDA NFT platform. On June 24th, Binance NFT will start and both UNM and MUDA will take part in the crypto exchange’s “100 Creators’ Campaign”.

Meanwhile, Murcom Director Suleiman Murunga explains the reasons that led the Ugandan Museum to join the NFT movement by explaining the token creation and authentication process. Next, he summarizes Murcom’s working relationship with the museum, saying:

This partnership with the National Museum is for us to set up an online webpage that will display the NFTs and the items that the museum represents. We will take professional photos of the various items and convert them into digital works of art, after which we will put these digital works of art on the blockchain and create the above-mentioned NFTs.

The Murcom director adds that NFTs are created for items such as Ugandan cultural pieces, royal regalia, prehistoric pieces and ancient tools.

Meanwhile, the same medium post shows that this project was initiated with the main aim of raising awareness and funding for the museum. In addition, this NFT marketplace will “also enable artists and content creators to start NFTs on the Binance Smartchain”.

What do you think of the Uganda National Museum’s decision to create NFTs? You can share your thoughts in the comments section below.

Photo credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or approval of any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Leave A Reply

Your email address will not be published.