Slovenia is on track to become the first nation in the world to launch its first Non-Fungible Token (NFT) collection, billed to be showcased on the forthcoming Expo show in Dubai, opening on 1 October.
Per its plans, the NFTs shall be focused on selling the nation’s achievements in terms of its business advancements in addition to its tourism industry.
As described, the digital collectibles will “represent a collection of unique digital 3D displays and unique 360-degree panoramic high definition photographs.” These NFTs will serve as gifts that will be distributed to visitors who go to the Slovenian Expo pavilion. The gifts will be modeled in promotional playing cards carrying directions and a unique eight-digit quantity that may permit carriers to enter the digital wallet to “claim” their non-fungible token.
“Slovenia is thus being introduced at EXPO Dubai 2020 as an innovative, digital, and smart destination whose pavilion is definitely valued a go-to for its distinctive leafy facade, interesting content, new enterprise alternatives, and the NFTs,” stated State Secretary Simon Zajc.
The NFT collection is the brainwork of the collaboration between important agencies of the Slovenian authorities, together with the Slovenian Ministry of Financial Development and Technology, the general public agency for the promotion of entrepreneurship and investment SPIRIT, and the Ljubljana Technology Park, respectively.
At present, many nations are starting to recognize the hidden potentials in blockchain and the improvements that emanate from these applied sciences. The Slovenia push to launch the primary NFT collection amongst its fellow sovereign nations follows an identical transfer by El Salvador, who formally adopted Bitcoin (BTC) as its official authorized tender earlier this month.
The gradual embrace of the potentials of NFT technologies will assist Slovenia to preserve its historical work of arts detailing its key achievements in enterprise and tourism. With the borderless nature of blockchain and crypto, the Slovenia NFTs are bound to engraft the country’s beauty into the eyes of the global community by means of the guests it receives at the forthcoming Expo.