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Wednesday, May 1, 2024

Crypto Amulets: Monk-blessed NFTs enter the blockchain in Thailand

You know that NFT fever has reached Thailand when Buddhist amulets enter the blockchain.

Billed as the first kind of Thai amulets on the blockchain, the recently launched Crypto Amulets sells amulet NFTs (non-fungible tokens) that have been blessed by a guru monk. 

“Thai amulet is highly valued because it has millions of collectors all around the globe with $1.25 billion of value traded every year!” wrote on the website

The site is offering a total of 8,000 artworks across eight tiers – ranging from wood to stone, gold and crystal – with prices starting from 0.02 Ethereums (THB1,610) to 0.8 Ethereums (THB64,564). 

All these pieces of digital art are claimed to be blessed by Luang Phu Heng Papaso, the highly-respected, 95-year-old abbot of Pattana Thamkaram Temple in Surin province. 

Crypto Amulets is planning its next “drop” — an auction of new…

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