Tokenization
Welcome to the world of tokenization! In simple terms, it's the process of converting real-world assets, like property, art, or even stocks, into digital tokens. Think of it as a bridge between the physical and digital realms, making it easier for people to own, trade, and invest in a wide range of assets. It's like modernizing the way we handle ownership, and it's here to make your financial world more accessible and efficient.
Authenticity and exclusivity
Each tokenized art basket is linked to its NFT, which provides you with the strongest proof of authentication, while it enhances the uniqueness of our products.
Digital archive
We want to build over time an extensive archive of various traditional weaving techniques to preserve the historical, cultural and artistic wisdom for generations to come.
Transparency
Our vision is to establish a clear and verifiable record of the value chain and origin of each art basket.
FAQ
How is an NFTs and how does it work?
NFTs can represent almost anything, from art, to memberships, to in-game items, and they serve as a digital record of ownership. What makes something an NFT, is that they are both non-fungible (meaning unique) and recorded on the blockchain.
NFTs operate on decentralized blockchain technology, which is like a digital public record distributed across many computers (nodes). NFT transactions, including creation, transfers, buying, and selling, are recorded on the blockchain, providing a permanent and easily accessible record of authenticity. Unlike traditional certificates of authenticity, which can be lost or damaged, blockchain-based NFTs offer a more secure way to prove the authenticity of digital assets. For example, when buying art by an artist through NFTs, you can trace the entire history of the piece, including past owners and sales, ensuring you're getting the genuine artwork.
What do we mean when talking about ‘tokenizing’?
Tokenizing in the context of NFTs (Non-Fungible Tokens) refers to the process of converting a unique digital or physical asset (i.e., a handmade basket) into a digital token that can be bought, sold, and traded on a blockchain.
For you this means that each Kusuka art basket comes with an NFT. Once you request and activate your art basket NFT you become the sole owner of your NFTS. No one else can purchase your NFT because they are linked to our exclusive collections and are included in the purchase of a Kusuka art basket.
Why do we tokenize our Kusuka art baskets?
1. Preservation of traditional weaving art techniques:
We believe in the power and potential of technology to empower artisans, communities and art/design lovers to connect and share their visions.
Combining century old weaving traditions with modern technology allows us to connect both worlds and create something unique. We are witnessing an increasing loss of traditional art and weaving techniques due to the loss of generational knowledge and skill transfer in many regions of the world.
Through the creation of NFTs we aim to archive and store the unique weaving techniques for the generations to come and protect them from being lost.
Our vision is to build over time an extensive archive of various traditional weaving techniques to preserve the historical, cultural and artistic wisdom for generations to come.
By starting with one art basket and its creator at a time, we invite Kusuka art basket owners to learn more about the stories behind the artist's inspiration, the design development and the selection of natural material.
By using NFTs we can ensure a global supply chain transparency. Our vision is to establish a clear and verifiable record of the value chain and origin of each art basket.
Each tokenized art basket is linked to its NFT, which provides you with the strongest proof of authentication, while it enhances the uniqueness of our products.
Your digital ownership rights enable you to extend the life of your art baskets beyond the physical presence and path a way into the digital world. As the NFT technology and art space evolves, we are continuously adding new features to our digital services and digital art presence.
How can you access your tokenized art basket?
In the check-out section you can select the option to receive your NFT . Once selected, you will receive within 1-2 business days an email message from us to fill out some information needed to confirm who will be the owner of the tokenized art basket.
(Alternative: Once you select the option for a tokenized art basket, you can fill out some information required on the form). Once completed, you will shortly receive further information from us concerning where to access your NFT.
Your NFT will be available at the NFT platform Opensea.io and can be transferred by you into your private wallet. For this purpose, you first need to create a crypto wallet.
How do you create a wallet to use opensea.io ?
You access opensea.io and click on the profile and select one wallet provider of your choice. The specific example is for the METAMASK. It is a free and web and mobile crypto wallet that allows you to interact with the blockchain ecosystem. METAMASK is one of the most widely used applications in the world. Once you create your account and share your wallet address with us, we can transfer you your unique Kusuka basket NFT.
For more details and a step-by.step process, check out our Guide.
What is a crypto wallet and why do you need to create one?
Comparing crypto wallets with traditional wallets, traditional are physical and store items like credit cards, cash, and identification. Digital wallets, on the other hand, are intangible and store digital assets such as credit card information, digital cash, tickets, and more. Crypto wallets are a specific type of digital wallet designed for the web3 space.
Crypto wallets are designed to manage digital identities represented by cryptographic keys. These keys are essential for various blockchain activities, such as sending or receiving cryptocurrencies, buying or selling NFTs, and more. Think of your crypto wallet as a web3 permissions manager, allowing you to control access to the apps you use.
Why did we choose opensea.io to store our NFTs?
We are currently in the process of developing in partnership our own NFT platform that will allows you to store, access and share on social media your unique art basket NFT. In the meantime, we provide you the NFTs on the opensea.io which is the largest and user-friendliest NFT marketplace.
What happens if I don’t want to receive my Kusuka art basket NFT?
In that case, nothing happens. Once you purchase a Kusuka art basket you are the exclusive owner of the NFT and if you wish to not collect it, we won’t activate it.
Here the Google Form to verify the owners and provide NFT access
Here the Google Form to verify the owners and provide NFT access