In the Russian Arctic, they decided to attach reindeer to virtual space. For this purpose, the world’s first NFT collection of deer was presented in Yakutia, the press center of the region reported.
At the Eastern Economic Forum taking place these days, Yakutia presented the Digital Reindeer Breeder project. The project is aimed at the application of new technologies in reindeer herding camps that contribute to the support of reindeer herding.
NFT token technologies give the buyer the opportunity to purchase a deer, give it a name. A real deer from the camp is attached to the NFT avatar. The animal can be observed online using a GPS tracker. It will be possible to buy and give gifts to your deer,” the press center said in a statement.
According to Margarita Popova, head of the Kyndykan association, the project will give reindeer herders the opportunity to earn extra money. In addition, the buyer will be able to conclude a futures contract for a certain number of kilograms of domestic reindeer antlers.