With a Polygon grant, Aloha NFT will launch “Alohachella” on February 22, featuring digital and physical collectables designed by Hawaii artists
Hawaii-based NFT marketplace Aloha NFT has scheduled its “genesis drop” for this week.
Dubbed “Alohachella,” the launch of its first major NFT collection is funded in part through a grant from Polygon Studios. It will involve artwork from 22 local artists and physical collectors’ cards as well as the digital versions.
“”I feel like crypto and NFTs are here now, and we must provide a platform for our artists, community and especially, our children, to engage and create,” said John Prime, who co-founded Aloha NFT with Daniel Kim and Ka’iulani Kauihou.
Prime also founded 808 Urban.
“Despite Hawaiʻi’s limitations on crypto exchanges, Aloha NFT has found a way to provide local collectors a fun and engaging way to access NFTs,” added Kauihou, founder of Hawaii publishing company Hiʻohia.
“We want local artists and collectors to participate in the NFT movement by making NFTs easy and accessible through physical NFT redemption cards,” explained Kim, founder of NFT4Good. “This allows users of all levels to participate in collecting NFTs that may or may not have an existing crypto wallet.”
The physical cards, powered by Meteor NFT, feature QR codes to facilitate redemption.
The “Alohachella” launch is made possible through Polygon Studios, the NFT arm of the layer-two Ethereum scaling network called Polygon (MATIC). The studio, which debuted last July, is committing $100 million to projects utilizing the Polygon blockchain.
Aloha NFT launched in April 2021 with a mission to help the next generation of local creatives in Hawaii “share their aloha” with the rest of the world, utilizing blockchain technology.
“Alohachella” Launch Details
- The collection will drop at 2:22 p.m. on February 22, 2022 at AlohaNFT.com.
- NFTs will sell for $30 each and will be issued through a redeemable physical collectors’ card.
- 22 NFT art pieces with 100 editions each will be made available.
- Five rare holographic versions of each NFT will be randomly minted.
- 80 percent of profits go directly back to the participating Hawaii artists.
- 10 percent of profits will be donated to a local Hawaii charity.