NMKR, the world’s leading brand to enable NFT interaction on Cardano, today announced a reverse auction for the most valuable NFT on Cardano, granting ownership of a rare physical asset: ZAMARAD, a 17,420 carat emerald horse sculpture. Being responsible for multiple traditional art drops and bringing fractionalized paintings to Cardano with the lighthouse project budja.io, the ZAMARAD is the next step in adapting physical art to the blockchain. The auction will start at 50 Million $ADA, reducing the total prize by 10,000 $ADA every 10 minutes after the first week until it reaches a total of 20 Million $ADA.
ZAMARAD is composed of emerald mineral specimen yoke of rough elements encrusted in a biotite, shale and crystal matrix of a sculpture of the head of a horse weighing 60,000 grams. Owning the NFT grants full control over the sculpture in the digital and physical world. ZAMARAD will be shipped to the buyers’ desired location. Its origin, material and authenticity was audited diligently by multiple independent gemologists. View the full report here.
“Bringing traditional art to the Cardano blockchain and connecting both worlds is our everyday’s motivation”, said Patrick Tobler, CEO of NMKR. “By adding more use cases to NFTs and crypto in general, we can truly show the benefits and utility of a decentralized and secure digital world. We are pleased to support the auction of the ZAMARAD and we are certain this is going to substantially change the perception of blockchains.”
Further information about the ZAMARAD can be found on the official website or on NMKR.IO. Make sure to follow NMKR on Twitter for the latest updates on the project.
###
About NMKR
NMKR is the world‘s leading brand to enable NFT minting on Cardano for a mainstream audience. The easily accessible interface and simple process provide a comprehensive digital art platform to mint, view, and trade NFTs. The platform operates on the Cardano blockchain, allowing the transaction fees to be as low as possible while having almost no environmental impact due to the Proof of Stake approach. The additional NMKR Studio service aims directly towards brands and companies to create a white label API solution by developing a branded NFT marketplace, trading platform or launching a customized collection. NMKR has currently minted more than 500,000 NFTs.
Further information is available at: NMKR