The Evening Standard To Issue The Free Coronation NFT Of King Charles

Key Points:

• The Evening Standard newspaper has collaborated with artist Trevor Jones to create a commemorative NFT for King Charles’ coronation.
• This artwork depicts St. Edward’s Crown, the centerpiece of the United Kingdom’s Royal Jewels.
• The non-fungible token is currently accessible for free on the Nifty Gateway marketplace.

The Evening Standard announced on May 5 that it would be issuing a series of free non-fungible tokens (NFTs) to honor King Charles’ coronation.

The collectible NFT features an animated version of Trevor Jones’ “The Oath.” The centerpiece of the UK’s Crown Jewels, St. Edward’s Crown, is seen in this picture.

In the Nifty Gateway marketplace, the non-fungible token is now accessible for free. Users simply need to enter an email address to register and collect the item, however it is unclear if a transaction charge is required to obtain the item.

The NFT is “open edition,” which means there is no restriction to how many NFTs may be issued. As of 11:30 p.m. UTC on May 5, users have minted 9,200 copies of the NFT.

Since there is no restriction to the number of NFTs that may be issued, there is a time constraint. The token may only be minted between Thursday, May 4, and Sunday, May 7.

Jones started The Oath NFT as a physical artwork at his Edinburgh studio. The artwork portrays Queen Elizabeth II wearing Saint Edward’s Crown during her coronation in 1953.

The Oath is not the first NFT coin to honor the British royal family. After the death of Queen Elizabeth II in September, an NFT collection, QueenE, by Web3 builders Fabio Sevá, Vincius Rodrigues, Everton Matumoto, and the pseudonymous mladen.eth, was published to commemorate the life of England’s longest reigning queen (1952-2022).

The event marks a major UK company’s entry into the crypto space. The Evening Standard was the fourth biggest daily publication in the United Kingdom by circulation in 2020, after only The Metro, The Sun, and The Daily Mail. In January 2023, it distributed about 314,000 papers every day.

“The Oath,” created in partnership with Apollo NFT, may be claimed immediately via Nifty Gateway or by a QR code printed in the newspaper. The QR codes are also shown on billboards along Oxford Street for individuals who want to attend the festivities in person. Nevertheless, before you get too excited, keep in mind that the NFTs will not be minted and handed to collectors’ wallets until May 7.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Harold

Coincu News