Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Cardano Foundation’s New NFT Art Launch: Etter Edition 01

Published 10/07/2022, 06:40 AM
Updated 10/07/2022, 07:00 AM
Cardano Foundation’s New NFT Art Launch: Etter Edition 01

  • Cardano Foundation tweeted the launch of Etter Edition 01.
  • Etter Edition 01 is a hybrid physical and NFT art project.
  • It is co-created by Christian Etter and Alexander E. Bruner.

The blockchain and cryptocurrency organization, Cardano Foundation, announced the launch of Etter Edition 01, “a hybrid physical and NFT generative art project,” co-created by Christian Etter and Alexander E. Brunner.

The blockchain tweeted about the facilitation of the launch of Etter Edition 01 on the official Twitter account of the Cardano Foundation:

Contextually, the art project, Etter Edition 01, was minted by the Swiss-based Web3 infrastructure provider NMKR and is redeemable as “physical pieces of art on the Cardano blockchain.”

The internationally acclaimed artist and designer, Christian Etter, claimed that the project shows the benefits that can be brought to the world by decentralization. He exclaimed that he was surprised at seeing how art could be revolutionized through technology. While discussing the Etter Edition 01 project, Etter mentioned,

This limited series of the artwork shows the enormous benefits that decentralization can bring to the creative world. Through this project, I’ve become truly awed by how art can be revolutionized and enhanced through technology. After many months of studying, prototyping, and developing new algorithms and hardware for this project, my eyes are truly open to the possibilities.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Interestingly, the decentralized algorithm inside the art piece changes the painting over time, unifying the specific qualities of the physical and digital space. Hence, the buyer would be secured with the ownership of the artwork and the authenticity of the algorithm.

Additionally, when the project makes its physical appearance, it would exhibit the “same generative motion graphics” that the digital NFT displays on the blockchain. Etter Edition 01 highlights the Cardano blockchain’s capability to create NFTs with its advanced metadata features.

Alexander Brunner, the co-creator of the project, who was a former Member of the Parliament of Zurich and advisor to the Swiss Government, commented that the project showcased the wide range of projects stemming from the Swiss Crypto Valley. Furthermore, Etter emphasized that the project would capture the “imagination of the public” and “inspire others to participate and even lead in this growing ecosystem.”

The post Cardano Foundation’s New NFT Art Launch: Etter Edition 01 appeared first on Coin Edition.

See original on CoinEdition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.