Following the launch of ACE Exchange’s LGBT-themed non-fungible token (NFT), which features the popular Taiwanese couple CACA&BELLA, the token has attracted a flurry of interest.
The market valuations have increased, and some of the largest auction houses are dealing in NFTs. This point represents a remarkable potential and likewise many crypto experts predict that NFT will shape the future of crypto investment.
The launch of the CACA&BELLA NFT succeeded in driving more people towards the NFT ecosystem, with 100 NFT collectibles being sold out in less than five minutes after they were made available.
One of major LGBT Instagram accounts has got over 150,000 likes on the item by press time.
New Ideas From CACA&BELLA
This launch marked the first time that an NFT collection (Eternal Love) features a same-sex couple as its central theme.
The collection, which was developed in collaboration with CAPSULE Taiwan, features the lesbian couple CACA&BELLA, who are well-known lesbian YouTubers in the country.
In addition to commemorating Taiwan’s historic legalization of same-sex marriage and the couple’s YouTube channel reaching 300,000 subscribers, the couple hopes to raise funds for LGBT charities through the event.
In conjunction with the physical copies, 100 sets of the NFT collectables were made available for purchase in the global launch, with each set containing nine CACA&BELLA studio photographs.
They are depicted in white wedding dresses, embracing and kissing as they walk through the wonderland of love under the eternal sun and moon, which are floating in purple clouds, in the NFT artworks.
NFTs Shake The Art World
Many people fear that NFT is just a bloom waiting to explode any time and leads to the risk of losing the experience of enjoying pure art.
But reality is beating doubts and rumours around the “NFT Bubble” as it is here to stay, through the progress of ups and downs. Blockchain is moving fast, resulting in an NFT space with rapid growth and advancement.
Previously, the entertainment industry and art world were the talking points due to NFT integration.
With the help of blockchain technology, non-financial tokens (NFTs) are upending the art world and activating a revolution in artmaking and collecting in the digital realm.
A “digital certificate of authenticity” is issued to digital assets such as works of art, memes, videos, and even tweets, allowing them to be purchased and sold without the fear of fraud or forgery.
In 2021, the number of NFTs on issue is exploding.
According to Non-Fungible, the volume of NFTs sold reached 200 million USD in the first month of this year, a significant increase from the 250 million USD recorded in the entire year of 2020.
Not Just A Virtual Collection
Diving into the NFT field, artists don’t just create virtual collections. The uniqueness creates lasting value for the work. In addition, the NFT buying and selling experience also requires interaction between the artist and the collector.
In ACE Exchange’s Asia-First LGBT-themed NFT Collectable, the additional goal is to support the LGBT families.
CACA&BELLA represents real people named Caroline and Bella. They are the creators of the YouTube channel CACA&BELLA, which documents their relationship and everyday lives.
Their videos, which are filled with love, warmth, and joy, have captured the hearts of fans from all over the world, including Taiwan, Indonesia, Malaysia, Europe, and the United States.
CACA&BELLA’s mission is to advocate for greater support for LGBT families by empowering and educating the public.
As a result, 100% of the proceeds from the sale of CACA&BELLA NFT trading cards will be donated to Taiwan LGBT Family Rights Advocacy, a non-profit organization dedicated to advancing equality for LGBT families throughout Taiwan.
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