How Cardano Foundation Supported Launch Of This NFT Project

The Cardano Foundation announced its support for the launch of a new collection of non-fungible tokens (NFTs) that will unite the physical and digital worlds. Created by Christian Etter and Alexander Brunner, the collection is called Etter Edition 01 NFTs.

The collection will be hosted on the Cardano blockchain and Swiss-based minted Web3 infrastructure provider NMKR, according to a press release from the Cardano Foundation. One of the unique features of this collection is the option to exchange digital assets for physical pieces.

In this regard, buyers of Etter Edition 01 will be able to hold the NFT hosted by the Cardano blockchain or the generative motion graphs of the physical piece. Unlike other popular NFT collections, the Etter Edition 01 will be something that its collectors will be able to stock with traditional art pieces.

Christian Etter, one of the minds behind this collection and an artist recognized in Switzerland and abroad for his work on the intersection of the digital world with society, had the following to say about the NFT collection about how the Cardano’s blockchain can support the connection between art and society. technology:

This limited series of artworks shows the enormous benefits that decentralization can bring to the creative world. Through this project I have been amazed at how technology can revolutionize and improve art. After many months of studying, prototyping, and developing new algorithms and hardware for this project, my eyes are truly open to the possibilities.

The Cardano Foundation celebrates the bridge between the digital world and the real world

The pieces of this NFT collection, the Cardano Foundation clarified, will feature “advanced metadata features.” Thus, the digital piece will be created using decentralized software with the ability to constantly change the digital painting over time.

In this sense, the qualities of each work of art will be unique. The Cardano Foundation claims that this feature guarantees that the collection possesses an “authentic and unaltered” piece of art that combines digital code as its main element. This combination represents the bridge between the digital and physical worlds.

Alexander Brunner, the co-creator of the collection and advisor to the Swiss government on blockchain and digital assets, added:

The Etter Edition 01 project showcases the wide range of blockchain-using projects coming from the Swiss Crypto Valley. It is especially rewarding to see how a local from Zurich, Christian, demonstrates the enormous potential of technology through this project and captures the public’s imagination while doing so (…).

The Cardano Foundation has been strengthening its links with the community in Europe and with key institutions to promote and develop blockchain-based initiatives. At the end of September, this organization announced a partnership with the University of Zurich to sponsor a Ph.D. position at Blockchain Analytics.

Their cooperation with Etter, Brunner and NMKR is another step in growing this cooperation while expanding the applications of NFTs on the Cardano blockchain. Frederik Gregaard, CEO of the Cardano Foundation, concluded:

The release of the Etter Edition 01 project on the Cardano Blockchain demonstrates the enormous potential of the Cardano Blockchain. This project also highlights the Cardano Foundation’s focus on facilitating innovation and solving real-world problems in global industries (…).

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