Kyoto, Japan — Ryuganji Temple, known for the world’s first Flying Drone Buddha performances and Buddhist Maid Café Services, will offer 1500 free animated goshuin NFT called ‘Ryuganji’ NFT starting on November 1, 2024, to promote Japanese Buddhist culture worldwide.
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Explanation of the Key Terms
NFTs
NFTs, or non-fungible tokens, are creating a revolutionary shift in how digital ownership is perceived by providing a way to assign unique, traceable value to digital items. Unlike traditional assets, each NFT is recorded on the blockchain, establishing its provenance and making it irreplicable. This has opened up exciting new avenues for creators, allowing artists, musicians, and designers to mint and sell their digital work directly to collectors, often with built-in royalties for future sales. For collectors, NFTs offer the appeal of owning one-of-a-kind digital assets, whether art, virtual real estate, or exclusive collectibles. This transformative technology is redefining value in the digital world, bridging the gap between creators and audiences in ways never seen before.
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