NFT-4-GOOD is an initiative of third rail art, an incubator of emerging cultures that uses Web3 technology to show the world the wonders of a remote Mexican art festival. More specifically, the nonprofit project involves working with a portion of the 100 artists participating in the Akumal Festival of the Arts and transforming their murals into NFT digital artworks.
Falling on your own NFT platform danae.io in June 10 at 4 p.m. ESTalso being exhibited At Decentraland, the 2022 Akumal Arts Festival NFT Collection includes 18 animated NFT murals from 20 artists, with two editions of each artwork (36 total).
Though not yet revealed, each NFT is expected to be infused with vibrant, colorful, narrative animation, to be performed by chain mural specialists. Cryptic Gallery.
NFTs will reside on the Polygon blockchain and can be purchased at $MATIC. Going forward, 85% of each primary sale will go to the Akumal Cultural Foundation to support community programs, with the remaining 15% used to cover development costs.
To further empower local artists, they will also receive a 10% royalty share on each aftermarket sale of their two NFT murals.
By exhibiting the murals in Decentraland (-26,140), Third Rail hopes to expose as many metaverse explorers to the magic created in the small town of Akumal as possible. In this way, users who were previously unaware of the project can now visit the exhibition, where they can learn about the Akumal Cultural Foundationits celebratory annual arts festival and the innovative and socially beneficial endeavor that is NFT-4-GOOD.
The virtual gallery hosting the event is a two-story open-air venue that will offer a virtual portal into Akumal. Photos from each of the 18 murals will be placed on the gallery’s white walls, framed by a backdrop inspired by lush palm trees and rich blue skies.
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