How the Cardano Foundation supported the launch of this NFT project
The Cardano Foundation announced its support for the launch of a new non-fungible token (NFT) collection that will bridge the physical world with the digital. The collection was created by Christian Etter and Alexander Brunner and is called Etter Edition 01 NFTs.
The collection will be hosted on the Cardano blockchain, and featured Web3 infrastructure provider based in Switzerland NMKR, according to a press release from the Cardano Foundation. One of the unique features of this collection is the ability to exchange digital assets for physical pieces.
In that sense, buyers of Etter Edition 01 will be able to hold the NFT hosted by the Cardano blockchain or the generative motion graphics of the physical part. Unlike other popular NFT collections, Etter Edition 01 will be something your collectors can stock with traditional artwork.
Christian Etter, one of the minds behind this collection and a renowned artist in Switzerland and abroad for their work on the intersection of the digital world and society, said the following about the NFT collection on how the Cardano blockchain can support the connection between art and technology:
This limited series of art shows the enormous benefits that decentralization can bring to the creative world. Through this project I have been really impressed by how art can be revolutionized and improved through technology. After many months of studying, prototyping and developing new algorithms and hardware for this project, my eyes are really open to the possibilities.
The Cardano Foundation celebrates the bridge between the digital and the real world
The chips in this NFT collection, the Cardano Foundation clarified, will be supported by “advanced metadata capabilities”. Thus, the digital piece will be created by decentralized software with the capacity to constantly change the digital painting over time.
In that sense, the qualities of each work of art will be unique. The Cardano Foundation claims that this feature guarantees that the collection owns an “authentic and unaltered” artwork that combines digital code as a main element. This combination represents the bridge between the digital and physical worlds.
Alexander Brunner, the co-creator of the collection and an advisor to the Swiss government on blockchain and digital assets, added:
After the Edition 01 project showcases the wide range of projects using blockchain originating from the Swiss crypto valley. It is especially gratifying to see a local from Zurich, Christian, demonstrate the enormous potential of the technology through this project and capture the audience’s imagination while doing so (…).
The Cardano Foundation has strengthened its ties with the community in Europe, and with key institutions to promote and develop blockchain-based initiatives. In late September, this organization announced a partnership with the University of Zurich to sponsor a Ph.D. position in Blockchain Analytics.
The collaboration with Etter, Brunner and NMKR is another step in expanding this collaboration as they expand the applications of NFTs on the Cardano blockchain. Frederik Gregaard, CEO of the Cardano Foundation, concluded:
The launch of the Etter Edition 01 project on the Cardano Blockchain demonstrates the enormous potential of the Cardano blockchain. This project also highlights the Cardano Foundation’s focus on facilitating innovation and solving real problems across global industries (…).
