Women Rise teaches us about nFTs
Women Rise is a collection of 10,000 randomly generated and unique NFT art pieces created by the internationally acclaimed visual artist Maliha Abidi. The team at Women Rise created a guide on how to get started in understanding NFTs!
Women Rise is dropping on the 25th of November, at the beginning of 16 days of activism! The collection can be minted on their official website.
Join us November 17 for a IG Live Chat with the team of WomenRISE and Feminist. Read on Below👇
FIRST QUESTION, WHAT IS THE BLOCKCHAIN?
Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.
“NFTs aren’t just about art being sold on the blockchain. It is about community, movement and impact. For example, through the “Women Rise” project, my team and I are donating a portion of profits to four organizations that support women’s rights and girls education, with a focus on girls education in Afghanistan.”
WHAT IS A NFT?
NFTs provide proof of ownership and authenticity.
♦ ️An NFT transfers the digital ownership of a file.
NFT stands for Non-Fungible Token. What does non-fungible mean? Non- fungible means that it's unique and can't be replaced with something else, 💡 think of a one of a kind player trading card. Whereas, Fungible is something that can be replaced or traded, think of currency or money you can trade 1 dollar for another dollar it will have the exact same value, bitcoin is another example of a fungible token where it will always be valued the same.
NFTs are unique digital items such as collectibles or artworks or game items. As an artist, by tokenizing your work you both ensure that it is unique and brand it as your work. The actual ownership is blockchain-managed.
When NFTs are created it’s called “minting”
Minting is the process of tokenizing your work and creating an NFT.
what can be an NFT? 🎨 artwork 🖼 illustrations 🎶music 📸 photography 📹 videos 🏀 sports highlights 🖌 design portfolios all can become NFTs. The possibilities are endless!
🦋NFTs are digitally unique, no two NFTs are the same.
📝Every NFT must have an owner and this is of public record and easy for anyone to verify.
🌍Content creators can sell their work anywhere and can access a global market.
🔏Creators can retain ownership rights over their own work, and claim resale royalties directly.
📲Even turn their Instagram posts into NFTs.
How does it work?
NFT is a certificate of ownership. Think of it like a digital deed.
NFTs can be resold–a royalty system is prgrammed into the code. Each time an NFT is sold the creator gets paid.
NFTs are putting economic control back into the hands of people and not corporations.
📌We see NFTs as an opportunity for feminist artists but are cautious of the environmental impact. As with any new technology, the blockchain technology has its challenges. The environmental impact being one of them. We encourage you to do your own research before diving into the NFT and blockchain world 🌀
A few key points to note:
The environmental impact is a genuine concern in blockchain technology and is wider than the NFT discussion. NFTs are a small part of the blockchain transaction activities, with cryptocurrencies being the biggest contributor.
Like every new technology it takes time to address such challenges. The industry is already working on this through transitioning from a ‘proof of work’ model to a significantly more energy efficient ‘proof of stake’ model. There are already blockchains networks and marketplaces that are starting to establish themselves in this space and will gain more traction as NFTs move to mass adoption.
NFTs are revolutionizing the traditional art industry and hold immense potential for social impact. NFTs empower the artist by eliminating or reducing the role of middle-man, curators and art galleries who have been exploiting the artists for centuries.
🗓Women Rise is holding a three day pre-launch event. One of the panels being held on the 22nd Nov @ 4pm EST / 9pm GMT is centered around “Environmental sustainability and Blockchain” where industry experts are invited to share factual information as there is a ton of misinformation out there. Follow Women Rise on Instagram and Twitter for details on their three day pre-launch event where they’ll be cover multiple topics on NFTs.
NFT PROJECT TO LOOK OUT FOR…
Women Rise is a collection of 10,000 unique NFTs randomly generated from 450+ hand drawn traits created by internationally acclaimed artist & author, Maliha Abidi.
The collection represents and celebrates women activists, scientists, artists, coders and more! It is focused on bridging the digital divide, bringing more women and girls into the space and making Web 3.0 a more diverse and inclusive space.
Part of the proceeds will go to various organizations that support women’s rights, girls education and fight against period poverty. Malala Fund, Girl Effect, The Pad Project, are a few of the organizations Women Rise is committed to supporting.
Women Rise is dropping on the 25th of November, at the beginning of 16 days of activism! The collection can be minted on their official website.
👉The Women Rise community is ready for you to join
Join Women Rise Twitter
the Artist and founder
Maliha Abidi Women Rise is the latest art project by the artist, Maliha Abidi. She is a Pakistani-American published author and visual artist. Her work focuses on advocating for social justice including women’s rights, gender equality, girl’s education and fighting for the marginalised communities. Maliha has been sharing stories of incredible women through her art and illustrated books for over 9 years. She has worked with amazing organisations such as UN, Global Goals, Malala Fund, Adobe, Google, and many others. Her work has featured on various media platforms such as The New York Times, Good Morning America, BBC, TRT World and more. Maliha is excited to bring the amazing 'rising women' to the NFT world. Maliha Abidi’s 2nd book ‘Rise’ launched on the 26th of October. Special book give-aways are planned for Women Rise collectors. Check out her social media for past, present and future projects!
Aski: Project Director
Aski is the project director and the brand strategist with over 7 years experience in business consulting. He has background in chartered accounting and has worked for big 4 accounting firms as a risk consultant.
Fun fact about Aski: He’s a total space-nerd and a movie buff. Watching back to back movies at a cinema is a typical weekend for him... Aski is also married to Maliha and is her biggest supporter! And yes, that does mean she’s being dragged to cinema every weekend!!!
Sodi: Developer
Sodi is the developer and a crypto enthusiast. He has over 5 years of experience in blockchain and over 10 years of game development experience.
Fun fact about Sodi: He’s not your typical coder sitting on his computer table sipping-on soda and playing video games... just kidding, he totally is! But he’s an absolute bad-ass coding ninja so he has that going for him.
