Non-fungible tokens, or NFTs, can be considered a social experiment that ended as a huge success. That’s one of the reasons a new social experiment, launched by a Dutch artist by the name of Dadara, is so interesting.
The artist has launched an experiment that resulted in the creation of 7.9 billion NFTs; one for each human on earth. Here’s the story:
Social Experiment Leads To An NFT For Everyone
As mentioned above, a social experiment led by Dadara has led to 7.9 billion NFTs. The experiment used digital rights platform RAIRtech to provide immutable blockchain identity through the creation of 7.9 billion digitally identical NFTs of CryptoGreyman.
Sure, each NFT looks to be identical, but that’s not exactly the case. They each come with a unique serial number.
The story is so interesting because NFTs were built to create value through scarcity and rare traits. However, this project seems to be doing the exact opposite. The NFTs in the collection only cost 1 MATIC, which works out to about two bucks, making it possible for anyone to afford them.
The character Greyman featured on these NFTs was originally created by the artist in the 1990s. Today, it’s been given a Web3 makeover with pixelated features. The only unique factor of each token in the collection is the serial number, a kind of play on the idea of numbers as a human identity in the eyes of corporations.
Essentially, corporations and the government have stripped people of their identity, showing them only as numbers in statistics. Interestingly enough social media, on the other hand, puts unrelenting pressure on people to be unique. Dadara planned on outlining both of those issues through this project.
In fact, Dadara hopes to start the conversation on the potential in the decentralized wWeb3 space to create a more honest form of individuality.
In a statement, Dadara had the following to offer:
“I see this as a dead-serious prank which can rattle the cage of consensual reality and elevate the conversation. It’s an experiment with an unpredictable outcome,” said Dadara, the Dutch artist of Polish descent born Daniel Rozenberg. “No one specific NFT is better than another, and because the minting price is widely accessible, it will be interesting to see what value each individual CryptoGreyman holder brings.”
The above statement was followed up by Garrett Minks, CTO at RAIRtech. Here’s what he had to say:
“This year this whole NFT ‘status symbol’ idea has really developed, to the point where people will spend hundreds of thousands of dollars on a Bored Ape NFT or other PFP (photo for profile) projects and will use that piece of digital uniqueness as what defines them. This project is more democratised, the barrier for entry is intentionally low. When a person purchases a CryptoGreyman, that attached serial number is theirs. That number, if they chose to keep it, will be theirs until the end of time, or the blockchain ceases to exist.”
The Bottom Line
The bottom line here is that NFTs have gained so much in popularity that they’re acting as a way to speak out against the norm. This social experiment is an interesting play that turns the basic concepts of corporate and government identity on its head.