International reggae and dancehall artiste Buju Banton has created his first NFT titled ‘Indigenous’ listed at 7 ETH (ethereum).
This NFT comes in form of a rare art piece that will come in both digital and autographed canvas print.
Buju made the announcement on Tuesday on his Instagram account. He posted a picture of the artwork along with the caption, “TODAY I CREATED MY FIRST NFT ART… @bycrimsontide @opensea. Buju says, “The intention is to provide fans with a rare 1 of 1 digital Buju Banton asset/collectible, which can grow in value, creating an economical opportunity for NFT holders. We have to keep up with the technological advancements of our times or get left behind…embrace the space, pure love”.
OpenSea is the first and largest physical marketplace for NFT’s. CrimsonTide is a FinTech company that uses block-chain to create financial inclusion between legacy systems and the digital modernization of money transfer.
NFT stands for Non-Fungible Token, that is a unique and non-interchangeable unit of data stored on a digital ledger. NFT’s can be associated with easily reproducible items such as photos, videos, audio, and other types of digital files as unique items.