Negosyante News

November 5, 2024 5:27 pm

Aloha NFTs partners with Polygon Studios to spread awareness through Blockchain Technology

Image Source: Aloha NFT

The Aloha NFT marketplace was launched last April 2021 and it marks the launch of Hawai’i’s first NFT marketplace. Aloha NFT’s mission is to help the next generation of local creators share their art with the rest of the world.

Co-founder, John Prime, stated, “I feel like crypto and NFTs are here now, and we must provide a platform for our artists, community and especially, our children, to engage and create.”

In its debut release, 22 artists formed a collective to transform their art into NFTs with physical collector cards that can be used to redeem tokens. “Despite Hawaiʻi’s limitations on crypto exchanges, Aloha NFT has found a way to provide local collectors a fun and engaging way to access NFTs,” says Kaʻiulani Kauihou, co-founder of Aloha NFT and founder of Hawaiʻi publishing company Hiʻohia.

Aloha NFT has also secured funding from Polygon Studios to further spread awareness for the project. Polygon Studios is the NFT arm of the layer-two Ethereum scaling network, Polygon. Recognizing the marketplace’s potential, Polygon Studios partnered with them as it has committed $100 million to projects using the Polygon blockchain technology.

Daniel Kim, the co-founder of Aloha NFT and founder of www.nft4good.com, explains, “We want local artists and collectors to participate in the NFT movement by making NFTs easy and accessible through these physical NFT redemption cards. This allows users of all levels to participate in collecting NFTs that may or may not have an existing crypto wallet.”

Source: GlobeNewsWire

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