At the Cardano Foundation, we want to empower the architects of the future. What better way to do this than by partnering with an organization that celebrates young leaders making a difference.
Our latest partner, Eco-Age, is a pioneering sustainability consulting agency spearheading the Renaissance Awards. Hosting the opening ceremony this October, the awards were split into four categories: environmentally reparative, socially equitable, economically inclusive, and technologically balanced. The recipients of the Renaissance Awards are activists from around the world who take action and proactively create solutions for the future we need. As part of the Renaissance Awards, Eco-Age decided to replace the physical figurines of mainstream award shows with non-replaceable tokens (NFTs) and chose Cardano’s blockchain for this innovative move.
Chosen by Eco-Age for its low-energy Proof of Stake consensus mechanism, Cardano blockchain was used to print 13 unique digital artworks. The digital art is based on five famous artworks by 16th-century artists, including Agnolo Bronzino, Giorgio Vasari and Cristofano Gherardi in Florence’s Palazzo Vecchio. As an added nod to a circular more sustainable economy, if a prize winner decides to sell their NFT, they will receive 100% of the profits, and a Cardano proof-of-stake smart contract will enable them to receive 50% of royalties from each future resale of Tokhun. . Marketplace forever.
Livia Firth, creative director and co-founder of Eco-Age, said: “Recipients of these groundbreaking awards will have the potential to benefit not just from one sale, but from every sale of future Renaissance Awards NFTs – now think about what. can help fund their work to make our world a healthier and happier place.
In the sixteenth century, young Renaissance artists transformed society and shaped the modern world. Today, once again, we see new young leaders delivering both social and environmental justice. We wanted to get to know these entrepreneurs and campaigners with more than just a trophy. By creating NFTs from Renaissance masterpieces, we show how the blockchain industry can be used to promote social good.”
Cardano Foundation CEO, Frederik Gregaard, concluded: “At the Cardano Foundation, we want to empower the architects of the future. The Renaissance Awards do just that, recognizing the incredible achievements of young activists with this unique NFT award. There’s so much potential in NFTs and we’re currently seeing exploration of what’s possible. It is extraordinary to think that the work of the Renaissance masters supported the rising activists through the youth activism renaissance.”
Source: cardanofoundation
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
