Invictus Capital Announces NFT Collection to Give African Artists Global Exposure
Invictus Capital has unveiled its first non-fungible token collection, called “Out of Africa,” through the Invictus NFT Lab. Through this collection, Invictus Capital will showcase fine art via blockchain technology as well as connect artists from Africa with the rest of the world. Invictus Capital to Release NFT Collection
Blockchain investment platform Invictus Capital recently unveiled its first non-fungible token (NFT) collection. The unveiling, which was done by way of the Invictus NFT Lab, attempts to combine fine art with blockchain technology, and to bring many contemporary digital artists from Africa to a global market.
As explained in the It Online report, this project is expected to begin in January with the distribution of NFT posters. In February, an auction for NFT representations of the original, physical artworks will be conducted.
Invictus Capital’s decision to unveil the NFTs has won praise from stakeholders in the art space. For instance, Marelize van Zyl, the curator for the Out of Africa NFT collection, commended Invictus Capital’s endeavor, saying: The Out of Africa Collection is made up of 100 unique NFTs on the Ethereum blockchain and is the first time many of the artists have worked in the NFT space. This collection is a triumph for these artists and represents some of the finest new, upcoming and established talent.
Another stakeholder, Charl Bezuidenhout of Worldart, said NFTs give artists direct access to “a truly global audience and a royalty-driven revenue model made possible by blockchain.”
Bringing NFTs to Mainstream Investment Portfolios
For his part, Daniel Schwartzkopff, CEO at Invictus Capital, suggested that an NFT collection like the one unveiled by his company “will go a long way to bringing NFTs into mainstream investment portfolios.” The collection will appeal to traditional art collectors, modern NFT collectors, and anyone in between, Schwartzkopff said.
According to the report, prospective investors that want to be a part of this project can get updates on participating artists and artworks via a subscription newsletter. Tags in this story Blockchain, Digital Art, Ethereum blockchain, Invictus Capital, NFTs, Non-fungible Token
What are your thoughts about this story? Tell us what you think in the comments section below. Terence Zimwara
Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route. Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan NEWS | 9 hours ago Survey Shows Millennial Millionaires Plan to Buy More Crypto Next Year Despite Price Volatility NEWS | 19 hours ago
Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleKenyan Businessman Accused of Defrauding Investors of More Than $140 Million Next articleForward Protocol Joins Africarare Metaverse Disclaimer: 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 endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItLending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million
Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it "the first product of its kind to hit the market." The company has also raised $70 million, which brings its ... read more.USDC Sees Native Launch on Avalanche Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735% Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign Russia to Decide Between Full Ban and Legalization of Crypto Investments, Trade