The crown of Miss the Universe will be turned into an incorrect token – Bits Media

The famous Miss Universe crown will be released as an NFT, which can be owned by several buyers at once.

International jewelry house Mouawad, together with the creator of non-fungible tokens Icecap, will release NFT Miss Universe crowns. International Business Times reports, that the token can be owned by several people. The token will be released on the Ethereum blockchain. The digital collectible will go up for auction in the second half of the year., and the initial cost will be determined by an expert appraiser.

Icecap Founder and CEO Jacques Voorhees (Jacques Voorhees) considers, that as far as, how the whole world is moving towards digitalization, things become possible, which would have been unthinkable just a generation ago. According to him, NFTs not only provide immutable proof of ownership, but also give the owner of the digital work access to unique content, related to this work.

Reported, what's in the future, when will the current crown be replaced by a new one?, NFT owners will be able to vote on whether their crown pieces will be auctioned off or placed in a museum. According to the organizers, this event may encourage other organizations with a rich history to embrace new technologies.

One of the celebrities mastering new technologies was Sylvester Stallone. The Eighties action star announced today., which is launching its own NFT collection, dedicated to the actor's roles in films. Recall, previously one of the oldest auction houses Sotheby’s announced, will host the world's first live NFT auction CryptoPunk. However, the day before the start of the auction, the owner of the tokens refused to participate in it without explanation..