The Vatican is getting into non-fungible tokens (NFTs) and the metaverse

The Vatican is also embarking on NFTs

The venerable institution that is the Vatican announced the news this week: it will launch into NFTs, with a virtual collection. The artistic works, manuscripts and other rare objects held by the Vatican will be digitized, and displayed in a digital gallery accessible in virtual reality.

The project is based on a collaboration with virtual reality company Sensorium, and Humanity 2.0, a non-profit organization that is part of the Holy See. According to the Vatican, the goal is to make the substantial collections gathered within it accessible:

We look forward to working with Sensorium to explore ways to democratize art, to make it more accessible to people around the worldregardless of their socio-economic and geographic limitations.Β»

A priori, these NFTs will not be available for sale. A Vatican press official confirms:

The nature of this project […] is exclusively social and not commercial. Also, NFTs will not necessarily be works, but they can also include tickets and other objects.Β»

πŸ‘‰ To read on the subject β€” Metaverse: understanding these virtual worlds based on blockchain and NFTs

Pope, metaverse and NFT

If the Vatican project is still a little vague, it remains a considerable step for a religious institution. Until then, Web3 and the major religions did not mix particularly well.

Moreover, the strategy seems global. As our colleagues from Motherboard recently reported, a Vatican official confirmed that: β€œthe Vatican intends to bring his inheritance […] in the metaverse.We note in fact that it is not a simple collection that is offered, but a digital gallery.

This is further proof of the appeal of NFTs, which have succeeded in intruding into spheres hitherto hostile to blockchain and cryptocurrencies.

πŸ‘‰ Discover also β€” VanEck enters the metaverse with the launch of an NFT collection

Sources: Artnews, Vice

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About the Author : Marine Debelloir


Deputy editor on Cryptoast, I fell into the pot of cryptocurrencies a few years ago. I am passionate about the innovative technologies that stem from the blockchain and I like to find the most crispy information to share with you.
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