Miami Mayor Francis Suarez creates NFTs for the benefit of Little Haiti | MCU Times

Miami Mayor Francis Suarez creates NFTs for the benefit of Little Haiti

Little Haiti residents never asked for non-fungible tokens (NFTs), but Miami Mayor Francis Suarez has provided.

In cooperation with Craftsman’s office, a Miami-based branding company, Suarez has created 12 unique NFTs that debuted at auction yesterday d. OpenSea, an eBay-like marketplace for NFTs. The collection has the title How can I help? with reference to the mayor’s infamous tweet December last year, inviting Silicon Valley’s technical CEOs and venture capitalists to move to Miami. All proceeds go to Little Haiti Coding Boot Camp.

From a pixelated sunglasses-wearing Suarez to rainbow-colored block letters in the Creole greeting “sak pase”, the dozens of animated images are stylized as early 8-bit computer graphics – a nod to Nyan Cat flying Pop-Tart NFT, which was sold at auction for nearly $ 600,000 last February.

“I’m excited to launch these NFTs that will continue to draw attention to Miami’s growing technology community,” Suarez said in a news release. “The Little Haiti Coding Boot Camp is an amazing local technology incubator that relies on our support to thrive.”

So far no one was able to send in the perfect solution, which is not strange.

click to enlarge The dozen animated images are stylized as 8-bit GIFs.  - PERMISSION FROM THE CRAFTS MANAGER

The dozen animated images are stylized as 8-bit GIFs.

Lent by the Danish Crafts Agency

For the uninitiated, NFTs are digital assets whose authenticity and ownership are verified through a tamper-proof network of computers – the blockchain – that carefully tracks transactions and sales. Like designer handbags and conventional physical artwork, NFTs are computer image files (or audio files) that come with an authentication mark. Some are sold as unique items, others as limited editions; their limited quantity and tamper-proof authentication stamp can give them value. A rendering of an NFT, although identical, is by definition a knockoff.

Suarez, who is running for re-election on November 2, has been criticized for luring people outside the city during a pandemic and meeting the needs of Silicon Valley more than his own voters.

Technical entrepreneurs have already donated hundreds of thousands of dollars to Suarez’s re-election campaign – and it’s clear the mayor wants to make Miami a global technology hub. But many worry that West Coasters Suarez trying to lure to the shores of Miami will make our city’s already unaffordable housing market even more unaffordable.

He has already run paying city employees in Bitcoin, despite the fact that most have no idea how cryptocurrency works.

When a local activist asked Suarez to address the city’s lack of affordable housing, Suarez reportedly replied: “MiamiCoin is worth $ 16 million, bro.”

And when it comes to helping marginalized residents compete with out-of-town applicants Suarez is trying to bring here, his apparent response is NFTs.

The auction ends Thursday, November 4th.

.

Follow us on Google News

Disclaimers for mcutimes.com

All the information on this website - https://mcutimes.com - is published in good faith and for general information purpose only. mcutimes.com does not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information you find on this website (mcutimes.com), is strictly at your own risk. mcutimes.com will not be liable for any losses and/or damages in connection with the use of our website.

Leave a Comment