The OXO Property NFT Collection features 24 hand-designed and programmatically generated properties, which are minted and traded on the Ethereum blockchain.
OXO Living, a contemporary Bali-based property developer, launches a first-of-its-kind NFT property collection. The series of artwork immortalises each of its 24 stylish properties with unique visual representations on the blockchain.
Known as the “OXO Artwall”, each piece in the project is an abstract visual expression of every OXO property built since the company began creating its collection of beautiful townhouses and villas in Bali in 2015.
“The algorithm digitally generates each artwork based on the location, personality, signature, orientation, volume, interior and decor of each property,’ says Johannes Weissenbaeck, Founder of OXO Living. “As many of our investors and residents are crypto entrepreneurs, being the first developer to link our properties to NFTs was a perfect fit for our brand.”
The OXO Property NFT Collection encompasses OXO Townhouses Umalas, OXO Townhouses Berawa, Chameleon by OXO, Wonderland by OXO, as well as the Splendour yacht. It was launched for public sale on 15 February 2022 on OpenSea, the world’s largest NFT marketplace.
Upon purchase, each owner receives the actual NFT and a high-resolution source file, which can be used to create a physical copy of the digital original. Should an NFT owner wishes to have a physical copy made for them, OXO Living can also create a print or handmade copy of the work. The initial offering of each artwork is priced at 1 Ethereum, which is around US$3,241.
Photo: OXO Living
