Are NFTs Secret Weapon in Venezuela’s political crisis? Enjin NFT shines light into Venezuela Blackout; blockchain offers hope for the future.
For years now, there has been chaos in Venezuela. The economy is in tatters despite billions of barrels of oil.
Despite being worth billions, their natural resource has yet to translate to prosperity.
NFTs Are Secret Weapon in Venezuela’s Political Crisis
Things took a turn for the worse after the July presidential election.
Events after this contentious election have been harrowing, according to some observers.
The Maduro government has been cracking down on dissidents and protestors, arresting over 1,000 citizens. Unfortunately, at least 20 people have died.
To counter the state of affairs in South American countries, some are taking their activism to the blockchain, specifically using NFTs.
They can use several avenues, but one minter chose Enjin, one of the first pro-NFT platforms.
Is This The “Most Moving” NFT Ever on Enjin?
One such NFT on the Enjin platform caught the attention of a developer.
It wasn’t how it was designed or how catchy the associated file was. Instead, it was its profound message and the pleadings with which the minter tagged the file.
Dragon King created the “Pray for Venezuela” NFT to raise awareness about the ongoing crisis in Venezuela.
Considering what the message relayed, the Enjin developer said the NFT could be the “most moving NFT” ever on the platform.
“Pray for Venezuela” is the most moving @enjin NFT I have received to date.
Technology has shaped social movements throughout human history: radio, SMS, Telegram. Blockchain is no different. It has become associated with payments and we forget its ability to distribute content…
— Oscar Franklin Tan, CFA (陳志宏) 🇸🇬🇵🇭 (@OscarFranklnTan) August 31, 2024
In the post on X, the developer highlighted how crucial technology has been over the years.
From radio and social media to the blockchain, its transformative impact is there for everyone to see.
Though the blockchain, he continued, is associated with payments, as seen with the wild success of Bitcoin and other iterations, some of its other applications, including distributing content and ideas via NFTs, for instance, cannot be overlooked.
As of September 2, the “Pray for Venezuela” NFT trades for 1 ENJ, or around $0.14.
The “Pray for Venezuela” collection has 500 items.
So far, 481 NFTs have been sold – illuminating a major philanthropic trend amid Venezuela blackout politics.
DISCOVER: The Next 1,000x Cryptocurrency – 10 Hottest Crypto Coins
Using NFTs As A Communication Tool
Holders of these NFTs acknowledge their effectiveness as a tool for communication and social change.
By purchasing them, they stand in solidarity with the Venezuelan people and positively contribute to a cause.
Through these NFTs on Enjin, the creator is sharing his story via a global audience while concurrently raising awareness about, among others, human rights abuses in Venezuela.
EXPLORE: How to Buy Bitcoin in Dubai, UAE
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
