Slovenia - the first country in the world to issue NFT tokens (non-fungible tokens)
21. 09. 2021
Technology Park Ljubljana, the Ministry of Economic Development and Technology, and SPIRIT Slovenia (Public Agency for Entrepreneurship, Internationalization, Foreign Investments, and Technology) are strengthening their role in presenting Slovenia at EXPO DUBAI 2020 with the introduction of non-fungible tokens (NFT) which will serve to promote the Slovenian economy and tourist destinations.
Thus, they are placing Slovenia on the map of the most advanced digital countries by understanding the development of blockchain technology - one of the technologies of the future. Together they created the first collection of irreplaceable tokens for the promotion of Slovenian solutions in the field of economy.
An NFT will present a collection of unique digital 3D souvenirs and exclusive panoramic or 360-degree high-resolution photos: Slovenian EXPO pavilion, Lake Bled, Postojna Cave, Lipica, Ljubljana, Terme Olimia, Vertigo Bird 2020, Duol, Kranjska čebela, myWater, Plastika Skaza, Riko, Remigo, Elaphe Drive Technology, we put on the map the most advanced digital countries with an understanding of the development of blockchain technology. Visitors will receive NFTs in the form of gifts or digital souvenirs when visiting the Slovenian pavilion at EXPO DUBAI 2020.
At the European Blockchain Week at the Ministry of Economic Development and Technology in Ljubljana, State Secretary Simon Zajc proudly announced Slovenia will be the first country in the world to issue its NFTs to promote the achievements of the economy and tourist destinations.
Mr. Zajc added that Slovenia will be presented at EXPO DUBAI 2020 as an innovative, digital, and smart destination. He additionally pointed out the opportunity for the development of digital competencies of companies and individuals, as the visitors will also create their own digital wallets on the Slovenian blockchain.
"In the tech community of Technology Park Ljubljana, we are aware that technology improves the world. NFTs represent the promotion of technologies and contribute to the development of digital competencies of users, which is why we firmly believe that they have a bright future in economy and tourism, as well as other areas," says Aleš Pevc, head of technological development projects at the Technology Park Ljubljana.
The opening of EXPO DUBAI 2020
At the opening of the EXPO DUBAI 2020 pavilion, the Slovenian pioneering NFT project was presented by Zdravko Počivalšek, Minister of Economic Development and Technology. One such digital souvenir with NFTs was handed over to the Minister by the Commissioner-General of Slovenia for EXPO Matic Volk and the Minister put them in his e-wallet.
What is an NFT?
An NFT (Non-fungible token) is a unit of data stored in a digital book called a blockchain that confirms that the digital asset is unique and therefore not interchangeable. You can use NFTs to represent elements such as photos, videos, audio, and other types of digital files.
The NFT market is growing tremendously and its development is a great opportunity to present digital art products and services in the field of economy. The first Tweet, the source code of the Internet, and countless artwork were already created as NFTs. Meanwhile more and more companies are choosing to enter this market. The latest in line are Visa and Budweiser as well as the fashion duo Dolce and Gabbana who released their digital clothing collection.
How to get Slovenia's NFT?
Visitors of the EXPO DUBAI 2020 will receive a promotional card which can then be used to collect an NFT coin.
On the back of the promotional NFT card, the visitor will find short instructions and a unique 8-digit number through which they will gain access to a digital wallet. From their web application, they will then be able to collect and view their exhibit (NFT). The collection also includes artistic drawings, the original mascot of Slovenia named Kokoška Fani (Chicken Fani) created under the auspices of Slovenian artists, and shows off Slovenian customs as well as traditional Slovenian dishes.
The collection of exclusive Slovenian NFTs was designed by the Ministry of Economic Development and Technology and the SPIRIT Slovenia Public Agency, which in cooperation with experts from the Technology Park Ljubljana, the Faculty of Computer Science, the University of Ljubljana, and Hashnet designed an innovative technological solution and hence put Slovenia on the global map of technologies of the future, which are also represented by blockchain and NFTs.