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Non-Fungible Tokens about to disrupt Africa art scene
Sacred items, known as vigango, were returned to Kenya and received by Sports, Culture and Heritage Cabinet Secretary Amina Mohamed on July 29, 2019 in Mombasa. PHOTO | LABAN WALLOGA | NATION MEDIA GROUP
At a time Covid-19 has forced education to the digital platform across the globe, art is moving there by design. Art, on many occasions referred to as a stable currency, is now being tokenised — a process of transferring rights to an asset such as artwork, film and song into a digital token on a blockchain.
Collectively this representation of art in a non-tangible form is known as Non-Fungible Tokens (NFTs) or crypto art collectibles.
