Zaragoza enters the NFT sector with digital properties

NFTs are a new form of digital ownership that allows users to own digital content, just as they would own a physical object. They are also an investment: the value of the NFT increases as more people use and buy it in the community. The Spanish Municipality of Zaragoza has recently become the first official body in Spain to implement NFT. During the Fiestas del Pilar, visitors to the official site were able to win NFTs from Cabezudos de la Pilara, El Berrugón and La Forana, three cultural events taking place in Zaragoza.

NFTs are not alone fun to collect, but also offer significant benefits to governments in terms of engagement with their citizens. These digital objects can in fact be used in public spaces to promote interaction between the government and its citizens. In Zaragoza it will also be possible to buy virtual land, thanks to the Next Earth platform, a virtual replica of the Earth that allows you to buy NFTs which are digitally simulated resources of places. You can buy virtual real estate, such as a plot of land in the city of Zaragoza, with BNB, the native token of Binance Smart Chain.

The blockchain ensures that every property is unique and cannot be replicated. It also allows you to trade between users who wish to buy or sell virtual properties, in fact, it is actually how Next Earth's revenue is generated. Plus, 10% of every purchase goes to environmental causes like The Ocean Cleanup, Kiss the Ground, and Amazon Watch.