QUANTUM TEMPLE UNVEILS WORLD'S FIRST COLLECTION OF CULTURAL HERITAGE NFTs TO PRESERVE AND FUND ANCESTRAL COMMUNITIES

Using blockchain technology, 40% of the auction proceeds have been distributed directly to the local culture keeper of 'Royal Topeng' and 5% to a social impact fund for their community. The transparent distribution of NFT royalties to culture keepers respects the value of their work, providing more equitable revenue streams for local communities in perpetuity. Using blockchain technology, 40% of the auction proceeds have been distributed directly to the local culture keeper of'Royal Topeng'...

BALI, Indonesia, 04/04/2023 (informazione.it - comunicati stampa - arte e cultura)

Using blockchain technology, 40% of the auction proceeds have been distributed directly to the local culture keeper of and 5% to a social impact fund for their community. The transparent distribution of NFT royalties to culture keepers respects the value of their work, providing more equitable revenue streams for local communities in perpetuity.

The debut collection, , features Bali, Indonesia with 11 original ethnographic films as collectible NFTs. Each NFT represents a different aspect of Balinese cultural heritage, such as dances, temples, heritage sites, and philosophy, filmed on location against breath-taking backdrops of Bali's cultural landscape.

The NFTs are created in partnership with local communities in Bali , leading anthropologists, and cultural heritage experts, ensuring that they accurately represent the expressions of Balinese culture. The NFT collection is designed to be a source of income for Balinese cultural heritage keepers and a new approach to preserve and promote these ancestral communities and their knowledge, transparently distributing NFT royalties directly to the communities in perpetuity.

Future collections will include physical and experiential NFTs, and support ancestral communities in Peru , Panama and beyond.

Adnan Abbasi
adnan@thecrosses.com

Quantum Temple Digital Press Kit available here .
High resolution images available upon request.

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Quantum Temple is the Web3 platform preserving cultural heritage. Our platform enables equitable exchanges between conscious collectors and ancestral communities to protect and share knowledge, traditions, and art forms of cultures around the world in perpetuity through blockchain technology.

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