Arts & Design
Kansong Art and Culture Foundation to tokenize national treasure as NFT
July 22, 2021
Kansong Art and Culture Foundation plans to tokenize Hunminjeongeum Haerye, National Treasure No. 70, in an effort to raise funds to operate the foundation. If realized as an NFT, the book will become the first national treasure to be traded on a blockchain platform. The 33-page book from the Joseon era details the promulgation of Hangeul, the Korean writing system, and usages of the letters. An NFT, or nonfungible token, is a unit of data on the blockchain that represents ownership